Series: IMF Working Papers
Author(s): Jiri Podpiera
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 October 2012
Keywords: Credit Spread, Interbank Market Spread, Financial Spillover, bond, interbank market, bond market, banking, banking sector, Asset Pricing,
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...