Following recent crises, cross-border capital flows have declined considerably, and many
advanced countries' banks are retrenching. At the same time, banks from emerging and …

Owing to the growing importance of socially responsible investments in the wake of climate
change mitigation goals, we estimate the asymmetric time-and frequency-spillovers between …

Although cross-border lending has fallen sharply since the crisis, foreign bank presence—
that is,“brick-and-mortar” operations—declined much less. While OECD banks reduced their …

We conduct face-to-face interviews with bank chief executive officers to classify 397 banks
across 21 countries as relationship or transaction lenders. We then use the geographic …

Over the past two decades, foreign banks have become much more important in domestic
financial intermediation, heightening the need to understand their behavior. We introduce a …

We study whether the solvency problems of Spain's weakest banks in the Great Recession
have caused employment losses outside the financial sector. Our analysis focuses on the …

We show that after the start of the euro area sovereign debt crisis, lending by non-GIIPS
European banks with sizeable holdings of GIIPS sovereign bonds declined relative to …

We analyze the impact of financial globalization on business cycle synchronization using a
proprietary database on banks' international exposure for industrialized countries during …

This paper provides evidence on the strategic lending decisions made by banks facing a
negative funding shock. Using bank–firm level credit data, we show that banks reallocate …

We examine the role of the international credit channel in Turkey over 2005–2013. We show
that larger, more capitalized banks with higher non-core liabilities increase credit supply …