The Role of US Monetary Policy in Banking Crises Across the World
We examine the role of US monetary policy in banking crises across the world by using a cross-country database spanning 69 countries over the 1870-2010 period. US monetary policy tightening increases the probability of a banking crisis for those countries with direct linkages to the USA, either in t...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Palgrave Macmillan UK,
2020-11-06T21:29:38Z.
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| Subjects: | |
| Online Access: | Get fulltext |