Financial spillovers to Chile /

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Bibliographic Details
Author / Creator:Podpiera, Jiří, 1976-
Imprint:[Washington, D.C.] : International Monetary Fund, ©2012.
Description:1 online resource (17 pages)
Language:English
Series:IMF working paper ; WP/12/254
IMF working paper ; WP/12/254.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500882
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Western Hemisphere Department.
ISBN:9781475521139
1475521138
9781475552195
Notes:Title from PDF title page (IMF Web site, viewed Oct. 31, 2012).
"Western Hemisphere Department."
"October 2012."
Includes bibliographical references.
Summary: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.

MARC

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245 1 0 |a Financial spillovers to Chile /  |c prepared by Jiri Podpiera. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2012. 
300 |a 1 online resource (17 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF working paper ;  |v WP/12/254 
500 |a Title from PDF title page (IMF Web site, viewed Oct. 31, 2012). 
520 |a 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. 
504 |a Includes bibliographical references. 
500 |a "Western Hemisphere Department." 
500 |a "October 2012." 
505 0 |a Cover; Contents; Abstract; I. Introduction; II. Methodology and Data; A. The Bond Market; B. The Interbank Market; III. Results; A. The Bond Market; B. The Interbank Market; IV. Robustness Analysis; A. The Bond Market; B. The Interbank Market; V. Concluding Remarks; References; Tables; 1. Bond Market Spread; 2. Interbank Market Spread; 3. Bond Market Spread -- Robustness; 4. Interbank Market Spread -- Robustness; Figures; 1. Stylized Facts, 2008-12; 2. Funding Markets, 2008-12. 
650 0 |a Bond market  |z Chile  |x Econometric models. 
650 0 |a Interbank market  |z Chile  |x Econometric models. 
650 0 |a Risk  |x Econometric models. 
650 6 |a Marché obligataire  |z Chili  |x Modèles économétriques. 
650 6 |a Marché interbancaire  |z Chili  |x Modèles économétriques. 
650 6 |a Risque  |x Modèles économétriques. 
650 7 |a BUSINESS & ECONOMICS  |x Investments & Securities  |x General.  |2 bisacsh 
650 7 |a Bond market  |x Econometric models.  |2 fast  |0 (OCoLC)fst00835863 
650 7 |a Risk  |x Econometric models.  |2 fast  |0 (OCoLC)fst01098121 
651 7 |a Chile.  |2 fast  |0 (OCoLC)fst01205362 
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710 2 |a International Monetary Fund.  |b Western Hemisphere Department.  |0 http://id.loc.gov/authorities/names/n82237138 
830 0 |a IMF working paper ;  |v WP/12/254.  |0 http://id.loc.gov/authorities/names/no89010263 
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