International Banking Library

Author(s):Katharina Bergant, Andrés Fernández Martin, Ken Teoh and Martín Uribe Date:January 16, 2026 Abstract: Employing large language models to analyze official documents, we construct a comprehensive record of daily changes in de jure restrictions on cross-border flows worldwide since the 1950s. Our analysis uncovers the wide array of instruments used to regulate cross-border financial flows[…]

Author(s): Matthieu Bussière, Tommaso Gasparini, Guillaume Horny and Benoît Nguyen Date:December, 2025 Abstract: How does heterogeneity in deposit funding among banks influence the transmission of monetary policy to loan supply? To address this question, we exploit a bank-level panel dataset of more than 450 banks from 19 euro-area countries from 2007 to 2023. Our empirical[…]

Author(s):Enrique G. Mendoza & Vincenzo Quadrini Date:January, 2026 Abstract: We study how the increased cross-country ownership of financial assets between advanced and emerging economies impacted their financial and macroeconomic volatility. While cross-country ownership improved risk-sharing and reduced volatility associated with financial crises, it also increased the exposure of countries to foreign crises, leading to higher[…]

Author(s):Dennis Reinhardt, Julian Reynolds and Rhiannon Sowerbutts Date:December, 2025 Abstract: How does geopolitical risk affect cross-border bank lending? To examine this question, we exploit a rich cross-border bank lending data set from the UK which records banks’ large exposures to individual firms and match this with a firm-level measure of geopolitical risk, derived from firms’[…]

Author(s): Dohan Kim and Gian Maria Milesi-Ferretti Date: January 2026 Abstract: Over the past two decades, many emerging market economies have become more resilient to external financial shocks. This paper assesses whether such resilience is broadly shared across emerging markets and developing economies by classifying them into three tiers based on economic size, income level,[…]