Financial crises, moral hazard and the "speciality" of the international interbank market: further evidence from the pricing of syndicated bank loans to emerging markets
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- George Soros, 1999. "The International Financial Crisis," Challenge, Taylor & Francis Journals, vol. 42(2), pages 58-76, March.
- Monica Paiella, 2001.
"Limited Financial Market Participation: A Transaction Cost-Based Explanation,"
Temi di discussione (Economic working papers)
415, Bank of Italy, Economic Research and International Relations Area.
- Monica Paiella, 2001. "Limited financial market participation: a transaction cost-based explanation," IFS Working Papers W01/06, Institute for Fiscal Studies.
- Fernandez-Arias, Eduardo, 1996.
"The new wave of private capital inflows: Push or pull?,"
Journal of Development Economics, Elsevier, vol. 48(2), pages 389-418, March.
- Fernandez-Arias, Eduardo & DEC, 1994. "The new wave of private capital inflows : push or pull?," Policy Research Working Paper Series 1312, The World Bank.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Clara Garcia, 2004. "Capital Inflows, Policy Responses, and Their Ill Consequences: Thailand, Malaysia, and Indonesia in the Decade Before the Crises," Working Papers wp81, Political Economy Research Institute, University of Massachusetts at Amherst.
- Jeffrey A. Frankel & Nouriel Roubini & Mervyn King & Robert Rubin & George Soros, 2003. "Industrial Country Policies," NBER Chapters, in: Economic and Financial Crises in Emerging Market Economies, pages 155-296, National Bureau of Economic Research, Inc.
- Frankel, Jeffrey, 2010. "Monetary Policy in Emerging Markets," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 25, pages 1439-1520, Elsevier.
- Gimet, Celine, 2007.
"Conditions necessary for the sustainability of an emerging area: The importance of banking and financial regional criteria,"
Journal of Multinational Financial Management, Elsevier, vol. 17(4), pages 317-335, October.
- Céline Gimet, 2007. "Conditions necessary for the sustainability of an emerging area: the importance of banking and financial regional criteria," Post-Print halshs-00356066, HAL.
- Carol Alexander & Anca Dimitriu, 2003. "Equity Indexing: Conitegration and Stock Price Dispersion: A Regime Switiching Approach to market Efficiency," ICMA Centre Discussion Papers in Finance icma-dp2003-02, Henley Business School, University of Reading.
- Soedarmono, Wahyoe & Machrouh, Fouad & Tarazi, Amine, 2013.
"Bank competition, crisis and risk taking: Evidence from emerging markets in Asia,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 23(C), pages 196-221.
- Wahyoe Soedarmono & Fouad Machrouh & Amine Tarazi, 2012. "Bank Competition, Crisis and Risk-Taking: Evidence from Emerging Markets in Asia," Working Papers hal-00918500, HAL.
- Wahyoe Soedarmono & Fouad Machrouh & Amine Tarazi, 2013. "Bank Competition, Crisis and Risk Taking : Evidence from Emerging Markets in Asia," Post-Print hal-00785653, HAL.
- Wahyoe Soedarmono & Fouad Machrouh & Amine Tarazi, 2013. "Bank competition, crisis and risk taking: Evidence from emerging markets in Asia," Post-Print hal-01098720, HAL.
- Pratap, Sangeeta & Urrutia, Carlos, 2004.
"Firm dynamics, investment and debt portfolio: balance sheet effects of the Mexican crisis of 1994,"
Journal of Development Economics, Elsevier, vol. 75(2), pages 535-563, December.
- Sangeeta Pratap & Carlos Urrutia, 2004. "Firm Dynamics, Investment and Debt Portfolio: Balance Sheet Effects of the Mexican Crisis of 1994," 2004 Meeting Papers 462, Society for Economic Dynamics.
- Sangeeta Pratap & Carlos Urrutia, 2004. "Firm Dynamics, Investment, and Debt Portfolio: Balance Sheet Effects of the Mexican Crisis of 1994," NBER Working Papers 10523, National Bureau of Economic Research, Inc.
- Sangeeta Pratap & Carlos Urrutia, 2004. "Firm Dynamics, Investment, and Debt Portfolio: Balance Sheet Effects of the Mexican Crisis of 1994," Working Papers 0406, Centro de Investigacion Economica, ITAM.
- ManYing Kang & Marcel Ausloos, 2017. "An Inverse Problem Study: Credit Risk Ratings as a Determinant of Corporate Governance and Capital Structure in Emerging Markets: Evidence from Chinese Listed Companies," Economies, MDPI, vol. 5(4), pages 1-23, November.
- Kane, Edward J. & Klingebiel, Daniela, 2004. "Alternatives to blanket guarantees for containing a systemic crisis," Journal of Financial Stability, Elsevier, vol. 1(1), pages 31-63, September.
- Juan Carlos Cuestas & Karsten Staehr, 2014. "The great (De)leveraging in the GIIPS countries. Domestic credit and net foreign liabilities 1998–2013," Bank of Estonia Working Papers wp2014-4, Bank of Estonia, revised 10 Oct 2014.
- Naiwei Chen & Meiya Chang, 2013. "Financial Crisis and Corporate Liquidity: Implications for Emerging Markets," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 20(1), pages 1-30, March.
- Valpy FitzGerald & Derya Krolzig, 2004. "Modelling the demand for emerging market assets," Money Macro and Finance (MMF) Research Group Conference 2003 29, Money Macro and Finance Research Group.
- Fallon, Peter & Hon, Vivian & Qureshi, Zia & Ratha, Di, 2001. "Middle-income countries - development challenges and growing global role," Policy Research Working Paper Series 2657, The World Bank.
- Mara Pirovano & Jacques Vanneste & André Van Poeck, 2011. "Portfolio and Short-term Capital Inflows to the New and Potential EU Countries: Patterns and Determinants," Chapters, in: Wim Meeusen (ed.), The Economic Crisis and European Integration, chapter 12, Edward Elgar Publishing.
- J. Ramos-Tallada., 2013.
"The IMF and management of capital flows: the long road towards a pragmatic approach,"
Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 31, pages 63-85, Autumn.
- Ramos-Tallada, J., 2013. "Le FMI et la gestion des flux de capitaux : la longue route vers une approche pragmatique," Bulletin de la Banque de France, Banque de France, issue 192, pages 95-110.
- Burnside, Craig & Eichenbaum, Martin & Rebelo, Sergio, 2001.
"Hedging and financial fragility in fixed exchange rate regimes,"
European Economic Review, Elsevier, vol. 45(7), pages 1151-1193.
- Burnside, Craig & Eichenbaum, Martin & Rebelo, Sérgio, 1999. "Hedging and Financial Fragility in Fixed Exchange Rate Regimes," CEPR Discussion Papers 2171, C.E.P.R. Discussion Papers.
- Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1999. "Hedging and Financial Fragility in Fixed Exchange Rate Regimes," NBER Working Papers 7143, National Bureau of Economic Research, Inc.
- Craig Burnside & Martin S. Eichenbaum & Sergio Rebelo, 1999. "Hedging and financial fragility in fixed exchange rate regimes," Working Paper Series WP-99-11, Federal Reserve Bank of Chicago.
- Ghosh, Atish R. & Qureshi, Mahvash S. & Kim, Jun Il & Zalduendo, Juan, 2014.
"Surges,"
Journal of International Economics, Elsevier, vol. 92(2), pages 266-285.
- Mahvash S Qureshi & Mr. Atish R. Ghosh & Mr. Juan Zalduendo & Mr. Jun I Kim, 2012. "Surges," IMF Working Papers 2012/022, International Monetary Fund.
- Tidiane KINDA, 2010. "Increasing Private Capital Flows To Developing Countries: The Role Of Physical And Financial Infrastructure In 58 Countries, 1970-2003," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 10(2).
- Salahuddin, Sultan & Kashif, Muhammad & Rehman, Mobeen Ur, 2020. "Time Varying Stock Market Integration and Diversification Opportunities within Emerging and Frontier Markets," Public Finance Quarterly, Corvinus University of Budapest, vol. 65(2), pages 168-195.
- Marco Rocco, 2011. "Extreme value theory for finance: a survey," Questioni di Economia e Finanza (Occasional Papers) 99, Bank of Italy, Economic Research and International Relations Area.
More about this item
Keywords
risk premia; moral hazard; financial crises;All these keywords.
JEL classification:
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F20 - International Economics - - International Factor Movements and International Business - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdi:wptemi:td_438_02. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bdigvit.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.