Andrei Zlate

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Cross-Border Bank Flows and Monetary Policy: Implications for Canada

Using the Bank for International Settlements (BIS) Locational Banking Statistics data on bilateral bank claims from 1995 to 2014, we analyze the impact of monetary policy on cross-border bank flows. We find that monetary policy in a source country is an important determinant of cross-border bank flows.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Financial Institutions, Monetary Policy JEL Code(s): F, F3, F34, F36, G, G0, G01

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