Search Results
Journal Article
Foreign bank credit to U.S. corporations: the implications of offshore loans
International financial transactions have grown in recent years far faster than has our ability to understand their significance for national economies. This article seeks to explain the rise in bank loans from banks outside the United States to U.S. businesses. The article looks at the implications of the rapid growth of such loans for issues ranging from the corporate debt buildup in the United States in the late 1980s to the loss of market share in U.S. commercial lending by U.S.-owned banks.
Monograph
Leverage and cyclicality
Journal Article
Distributional issues in privatization
Journal Article
Financial consequences of new Asian surpluses
Journal Article
In brief economic capsules: Japanese banks' customers in the United States
Foreign banks in the United States are often thought to specialize in providing services to multinational firms from their home countries. This article examines data on Japanese bank loans and the liabilities of Japanese-owned firms to determine whether the increase in Japanese bank assets in the United States during the 1984-89 period can be attributed to growth in direct investment from Japan.
Report
Leverage and cyclicality