Pregled bibliografske jedinice broj: 984026
The determinants of cross-border bank flows to emerging markets
The determinants of cross-border bank flows to emerging markets // Economics of Transition, 21 (2013), 3; 479-508 doi:10.1111/ecot.12019 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 984026 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The determinants of cross-border bank flows to emerging markets
Autori
Herrmann, Sabine ; Mihaljek, Dubravko
Izvornik
Economics of Transition (0967-0750) 21
(2013), 3;
479-508
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
cross-border lending ; financial crises ; emerging market economies ; international banking ; spillover effects ; gravity model
Sažetak
This paper studies the determinants of cross‐ border bank lending on a panel dataset comprising 17 advanced and 28 emerging market economies from 1993 to 2008. The empirical framework is based on a gravity model of financial flows. Our main findings are that the decrease in cross‐border lending in the 2007– 2008 crisis was mostly due to global rather than country‐specific risk factors, and that central and eastern Europe was less affected by this decrease than other emerging market regions because of its stronger financial and monetary ties with creditor countries, and its relatively sound banking systems. These results are fairly robust to several different specifications, sub‐samples and econometric methodologies.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Citiraj ovu publikaciju:
Časopis indeksira:
- Current Contents Connect (CCC)
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus
- EconLit
Uključenost u ostale bibliografske baze podataka::
- EconLit
