Macro Paper Warehouse

Warehouse / Authors

Ilknur Zer

Principal Economist · Federal Reserve Board

Principal Economist in the Global Financial Institutions Section of the International Finance Division at the Federal Reserve Board, and adjunct faculty at the University of Maryland. Her research covers financial stability, international banking, risk management and financial institutions.

1 paper tracked 1 classics ⌁ Follow this author
Showing 1 paper
Published Classic IMF Economic Review Online 14 Feb 2020 Published Mar 2020
The Role of US Monetary Policy in Banking Crises Across the World

C. Bora Durdu · Alex Martin · Ilknur Zer

US monetary tightening raises the probability of a banking crisis abroad, but only where the exposure to the United States is direct -- heavy bilateral trade or large dollar-denominated liabilities. …