December 2024: BIS Quarterly Review – International banking and financial market developments

Posted on December 17, 2024December 17, 2024 by Helena

Bank for International Settlements – Monetary and Economic Department The BIS Quarterly Review includes analysis on recent developments in financial markets, inflation targeting, monetary policy transmission to housing markets, large language models and the architecture of international banking. Link: BIS Quarterly Review (December 2024)

CEPR Discussion Paper – Violent Conflict and Cross-Border Lending

Posted on December 17, 2024December 17, 2024 by Helena

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[…]