The International Transmission of Bank Liquidity Shocks: Evidence from an Emerging Market

By Philipp Schnabl. 2012

596 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/aa565a6f1fc15060eda6cfbe7f5f83f5f0176148

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Citations in the corpus

Disentangling the Effects of a Banking Crisis: Evidence from German Firms and Counties (2018, background): “bank lending cuts during the financial crisis of 2008/09 may have contributed to the sluggish recovery from the Great Recession, even though the banking sector had stabilized by 2010 (Hall 2010). Persistent effects are not generally a response to shocks. For example, I show that firms and counties e”
Self-Fulfilling Credit Market Freezes (2011, unknown): “Below , where banks do not lend, there are no loans made, and hence no loans that fail.”
Universal Banks and Corporate Control: Evidence from the Global Syndicated Loan Market (2012, methodology): “We follow De Haas and Van Horen (2011) and Schnabl (2011) and estimate the regression in first differences (in percentage), which we construct by collapsing and time-averaging the data for the months before and during the financial crisis.18 Table 6 presents the estimates of equation (2).”
The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach‐for‐Yield, and Real Effects (2017, unknown): “7 Our paper also contributes to the literature in international finance that shows that foreign shocks affects the local economy through the banking sector (Peek and Rosengren. 2000; Mian, 2006; Schnabl, 2012; Kalemli-Ozcan, Papaioannou and Peydró, 2013), We contribute to this literature by analyzin”
Dollar funding and the lending behavior of global banks (2012, unknown): “If so, it could be cheaper to fund euro lending by borrowing in dollars and converting into euros, which would correspond to a negative value of S.”
Cross-Border Banking and Global Liquidity (2015, background): “Schnabl (2012) presents empirical evidence on the international transmission of liquidity shocks through the banking sector.”
Multinational banks and the global financial crisis: Weathering the perfect storm? (2014, background): “In a similar vein, Schnabl (2012) analyzes how the 1998 Russian crisis spilled over to Peru as banks, including multinational bank subsidiaries, had to reduce local lending.”
Cross-border banking, credit access, and the financial crisis (2012, background): “Chava and Purnanandam (2010) and Schnabl (2011) use the exogenous shock provided by the Russian crisis of 1998 to study the effect on lending to U.S. and Peruvian borrowers, respectively.”
Banks, government Bonds, and Default: What do the data Say? (2014, methodology): “20 See Khwaja and Mian (2008) on Pakistan, Paravisini (2008) on Argentina, Schnabl (2012) on Peru, Jimenez, Ongena, Peydro, and Saurina (2012) on Spain, Amiti and Weinstein (2011) on Japan, Paravisini, Rappoport, Schnabl, and Wolfenzon (2014) on Peru, Iyer, Lopes, Peydro and Schoar (2014) on Portuga”
Credit Supply During a Sovereign Debt Crisis (2018, unknown): “Schnabl (2012) examines the impact that a negative liquidity shock to international banks such as the 1998 Russian default had on credit to Peruvian rms.”
Housing Price Booms and Crowding-Out Effects in Bank Lending (2018, background): “…and Begley and Purnanandam (2017)).8 Indeed, looking at our sample period, 5See also Bernanke (1983), Ashcraft (2005), Khwaja and Mian (2008), Paravisini (2008), Ivashina and Scharfstein (2010), and Schnabl (2012) for empirical evidence on banks’ financial constraints and their effect on lending.”
Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis (2018, result): “(2015), and Tarozzi et al. (2015) all find strikingly similar results in a diverse set of countries and settings.”
The Dollar Exchange Rate as a Global Risk Factor: Evidence from Investment (2019, background): “Our work is most closely linked to the strand within this literature that focuses on emerging market borrowers (eg McGuire and Tarashev, 2008; Takáts, 2010; Cetorelli and Goldberg, 2011; Schnabl, 2012, Avdjiev et al, 2012; Beck, 2014; Cerutti et al, 2016; Goldberg and Krogstrup, 2017).”