International Banking Library

Author(s):Angelos Athanasopoulos, Nicolò Fraccaroli, Andreas Kern & Davide Romelli Date:July 25, 2025 Abstract: This paper studies the impact of central bank independence on sovereign borrowing, using an index that captures institutional constraints on central bank lending to the government across 155 countries from 1972 to 2023. The findings show that tighter lending to the executive[…]

Author(s): Iñaki Aldasoro, Sebastian Doerr and Karamfil Todorov Date:July 9, 2025 Key Takeaways: Link:BIS Bulletin No 106: Retail investors in private credit

Author(s):Karsten Müller, Chenzi Xu, Mohamed Lehbib & Ziliang Chen Date:February 11, 2025 Abstract: The Global Macro Database is an open-source, continuously updated dataset of macroeconomic statistics that unifies and extends existing resources. By harmonizing and integrating data from 32 major contemporary sources—including the IMF, World Bank, and OECD—with historical records from 78 additional datasets, we[…]

Author(s):Ralph De Haas, Mikhail Mamonov, Alexander Popov & Iliriana Shala Date:December 7, 2024 Abstract: How do violent conflicts affect cross-border lending? Using data on syndicated loans by over 14,000 creditors to firms in 179 countries between 1989-2020, we find that when violent conflict erupts in a country, foreign banks reduce overall lending relative to domestic[…]

Author(s):Rustam Jamilov, Tobias König, Karsten Müller, and Farzad Saidi Date:November, 2024 Abstract: We study bank runs using a novel historical cross-country dataset that covers 184 countries since 1800 and combines a new narrative chronology with statistical indicators of bank deposit withdrawals. We document the following facts: (i) the unconditional likelihood of a bank run is[…]