Series: IMF Working Papers
Author(s): Yuko Hashimoto , and Signe Krogstrup
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 29 April 2019
Keywords: Bank credit, Central banks, Private capital flows, Foreign currency exposure, International financial markets, foreign exposure, global factor, risk aversion, global financial crisis, forward contract
This paper assesses the role of bank and nonbank financial institutions' balance sheet foreign exposures and risk management practices in driving capital flow responses to global risk. Using a unique and previously...