In a letter co-signed by 15 other Senate Democrats — and every Senate Republican — Kaine asked the Consumer Financial Protection Bureau to exempt community banks and credit unions from…

…Jonathan Kearns and Nikhil Patel of the BIS have sought to determine whether the “financial channel” of exchange rates offsets the “trade channel.” The sample of countries they use in…

…who own (and live off of) most of the financial assets.   They plan to give corporations an exceeding low statutory rate of 20%, even though the primary beneficiaries will…

…the sustainability of the sovereign debt of these countries in October’s Global Financial Stability Report. In the case of low-income countries, the report’s authors warned: “…this borrowing has been accompanied…

…rates after the global financial crisis to the fall in the term premium in the ten-year U.S. Treasury rate. The spillover effects of higher interest rates in the U.S., however,…

…a huge literature on the importance of financial instability for macroeconomic aggregates. While financial crises have historically been brief, the extended impact of the great recession has prompted more in-depth…

…find that an increase in financial stress in the lending country leads to capital outflows from the emerging markets. When the measure of financial stress in the emerging market is…

…the Financial Times has warned that it is only a matter of time until the next financial crisis erupts. He cites four factors that contribute to the outbreak of such…

…measure of domestic financial development that allows us to distinguish between financial institutions and financial markets. Our results show that countries with higher economic growth rates have larger amounts of…

…University examined the effects of financial system risk in “Risk, Financial Stability and FDI“, published in the Journal of International Money and Finance this year (working paper version here). They specifically investigated the…