01790cas a2200253 a 4500 AALejournalIMF014602 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498369060 1018-5941 BD-DhAAL BD-DhAAL Kim, Kyunghun. Real and Financial Vulnerabilities from Crossborder Banking Linkages / Kyunghun Kim, Srobona Mitra. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper looks at the vulnerabilities stemming from banking sector linkages between countries and their macroeconomic effects. It finds that credit risks (from a banking system's claims on other countries) and funding risks (from a banking system's liabilities to another) have declined over the past five years. It also finds that funding vulnerabilities have real effects. During normal times, funding vulnerabilities are associated with significant positive GDP growth surprises. During crisis times, funding vulnerabilities are associated with significant negative GDP growth surprises. The results tell us that policymakers should pay more attention to understanding crossborder funding risks. Mode of access: Internet Mitra, Srobona. IMF Working Papers; Working Paper ; No. 2014/136 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/136/001.2014.issue-136-en.xml IMF e-Library