Financial spillovers to Chile /:

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 moderate spillovers. On average, global spillovers pushed up bank bond and i...

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Bibliographische Detailangaben
1. Verfasser: Podpiera, Jiří, 1976-
Körperschaft: International Monetary Fund. Western Hemisphere Department
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: [Washington, D.C.] : International Monetary Fund, ©2012.
Schriftenreihe:IMF working paper ; WP/12/254.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung: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 moderate spillovers. On average, global spillovers pushed up bank bond and interbank spreads in Chile by about 50 basis points in 2008-12. While in 2008-09, most spillovers originated in the U.S., in mid-2010 onwards, European distress played a prominent role.
Beschreibung:Title from PDF title page (IMF Web site, viewed Oct. 31, 2012).
"Western Hemisphere Department."
"October 2012."
Beschreibung:1 online resource (17 pages)
Bibliographie:Includes bibliographical references.
ISBN:9781475521139
1475521138