Now showing items 1-4 of 4

    • Cross-Border Banking in Europe: Implications for Financial Stability and Macroeconomic Policies 

      LANE, PHILIP RICHARD (Centre for Economic Policy Research, 2011)
      Understanding the role of banks in cross-border finance has become an urgent priority. Cross-border banks have played a central role in the dynamics of the global crisis of 2007-2009. First, European banks had a ...
    • Debt Overhang in Emerging Europe? 

      LANE, PHILIP RICHARD (2011)
      This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as the region emerges from the recent financial and economic crisis. At the macroeconomic level, it ...
    • External adjustment and the global crisis 

      LANE, PHILIP RICHARD (2012)
      The period preceding the global financial crisis was characterized by a substantial widening of current account imbalances across the world. Since the onset of the crisis, these imbalances have contracted to a significant ...
    • The long or short of it: Determinants of foreign currency exposure in external balance sheets 

      LANE, PHILIP RICHARD (Elsevier, 2009)
      A major focus of the recent literature on the determination of optimal portfolios in open-economy macroeconomic models has been on the role of currency movements in determining portfolio returns that may hedge various ...