The International Banking Library is a web-based platform for the exchange of research on cross-border banking. It provides access to data sources, academic research, both theoretical and empirical on cross-border banking, as well as information on regulatory initiatives. The International Banking Library is associated with the International Banking Research Network (IBRN), a research network of Central Banks worldwide. The International Banking Library addresses researchers, policymakers, and students of international banking and economics in search of comprehensive information on international banking issues.
At the research frontier
CfP Deadline Date: October 21, 2020 Conference Event: November 30 – December 1, 2020 Event Location: Essex, UK Keynote speaker(s): Manju Puri (Fuqua School of Business, Duke University) Organizer(s): Financial Intermediation Network of European Studies (FINEST) FINEST workshops are small meetings with in-depth discussions from top scholars of a limited number of high-quality papers with[…]
Author(s): Matthieu Bussière, Jin Cao, Jakob de Haan, Robert Hills, Simon Lloyd, Baptiste Meunier, Justine Pedrono, Dennis Reinhardt, Sonalika Sinha, Rhiannon Sowerbutts and Konstantin Styrin Date: October 2020 Abstract: This paper presents the main findings of an International Banking Research Network initiative examining the interaction between monetary policy and macroprudential policy in determining international bank[…]
Author(s): Assaf Razin Date: October 2020 Abstract: International trade increased rapidly after 1990, fueled by the growth of a complex network of global value chains. Financial globalization gathered force. Trade globalization, however, reversed course since the Global Financial Crisis. The new trend is expected to endure after the Global Pandemic Crisis. There is no indication[…]
NBER Working Paper: Monetary Policy Cooperation/Coordination and Global Financial Crises in Historical Perspective
Author(s): Michael D. Bordo Date: October 2020 Abstract: The COVID-19 pandemic spawned a global liquidity crisis in March 2020. The global liquidity crisis was alleviated by the Federal Reserve and other advanced country central banks cooperating by extending the swap lines they developed in the Global Financial Crisis 2007-2008. Central bank cooperation in 2020 evolved[…]
Author(s): Olivier Jeanne and Damiano Sandri Date: October 2020 Abstract: We use a tractable model to show that emerging markets can protect themselves from the global financial cycle by expanding (rather than restricting) capital flows. This involves accumulating reserves when global liquidity is high to buy back domestic assets at a discount when global financial[…]