Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
964727 | Journal of International Money and Finance | 2011 | 29 Pages |
Abstract
⺠We examine the impact of foreign bank penetration on monetary policy transmission. ⺠Foreign banks are less responsive to monetary shocks than domestic banks. ⺠The bank lending channel in emerging economies is weakened due to foreign banks. ⺠We identify factors for different responses of foreign banks to monetary shocks.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ji Wu, Alina C. Luca, Bang Nam Jeon,