Non-bank lenders may be fair-weather friends - @haonanzhou.bsky.social column here on research here with @aldasoro.bsky.social and Sebastian Doerr of the BIS showing non-banks pull back more sharply after a crisis than banks www.ft.com/content/d4da...
New at JIE: "Do investor differences impact monetary policy spillovers to emerging markets?" by Ester Faia, Karen K. Lewis, Haonan Zhou (@haonanzhou.bsky.social)
doi.org/10.1016/j.ji...
Paper: haonanzhou.io/wp-content/u...
SED starts tomorrow, and I’ll be presenting a new paper on EM currency derivatives: editorialexpress.com/conference/S...
very much appreciate comments/suggestions/questions :)
