Financial Spillovers to Chile /
This paper quantifies financial spillovers from global risk factors to banks' funding costs in Chile. It decomposes Chilean banks' bond and interbank spreads into domestic and external factors. The results suggest moderate spillovers. On average, global spillovers pushed up bank bond and i...
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| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2012.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 2012/254 |
| גישה מקוונת: | Full text available on IMF |
| סיכום: | This paper quantifies financial spillovers from global risk factors to banks' funding costs in Chile. It decomposes Chilean banks' bond and interbank spreads into domestic and external factors. The results suggest moderate spillovers. On average, global spillovers pushed up bank bond and interbank spreads in Chile by about 50 basis points in 2008-12. While in 2008-09, most spillovers originated in the U.S., in mid-2010 onwards, European distress played a prominent role. |
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| תאור פריט: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| תיאור פיזי: | 1 online resource (17 pages) |
| פורמט: | Mode of access: Internet |
| ISSN: | 1018-5941 |
| גישה: | Electronic access restricted to authorized BRAC University faculty, staff and students |