Is banks’ home bias good or bad for public debt sustainability?
Is banks’ home bias good or bad for public debt sustainability?
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Washington, D.C: International Monetary Fund
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Language
English
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Washington, D.C: International Monetary Fund
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Motivated by the recent increase in domestic banks' holdings of domestic sovereign debt (i.e., home bias) in the European periphery, this paper analyzes implications of banks' home bias for the sovereign's debt sustainability. The main findings, based on a sample of advanced (AM) and emerging market (EM) economies, suggest that home bias generally...
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Full title
Is banks’ home bias good or bad for public debt sustainability?
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TN_cdi_gale_infotraccpiq_411335964
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotraccpiq_411335964
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ISBN
9781498323505,1498323502,1498393535,9781498393539
ISSN
1018-5941
DOI
10.5089/9781498323505.001
