How Long to Read Financial Crises and the Composition of Cross-Border Lending

How Long Does it Take to Read Financial Crises and the Composition of Cross-Border Lending?

It takes the average reader 1 hour and 1 minute to read Financial Crises and the Composition of Cross-Border Lending by Eugenio Cerutti

Assuming a reading speed of 250 words per minute. Learn more

Description

We examine the composition and drivers of cross-border bank lending between 1995 and 2012, distinguishing between syndicated and non-syndicated loans. We show that on-balance sheet syndicated loan exposures account for almost one third of total cross-border loan exposures during this period. Furthermore, syndicated loan exposures increased during the global financial crisis due to large drawdowns on credit lines extended before the crisis. Our empirical analysis of the drivers of cross-border loan exposures in a large bilateral dataset shows three main results. First, banks with lower levels of capital favor syndicated over other kinds of cross-border loans. Second, borrower country characteristics such as level of development, economic size, and capital account openness, are less important in driving syndicated than non-syndicated loan activity, suggesting a diversification motive for syndication. Third, information asymmetries between lender and borrower countries, which are important both in normal and crisis times, became more binding for both types of cross-border lending activity during the recent crisis.

How long is Financial Crises and the Composition of Cross-Border Lending?

Financial Crises and the Composition of Cross-Border Lending by Eugenio Cerutti is 59 pages long, and a total of 15,281 words.

This makes it 20% the length of the average book. It also has 19% more words than the average book.

How Long Does it Take to Read Financial Crises and the Composition of Cross-Border Lending Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 23 minutes to read Financial Crises and the Composition of Cross-Border Lending aloud.

What Reading Level is Financial Crises and the Composition of Cross-Border Lending?

Financial Crises and the Composition of Cross-Border Lending is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Financial Crises and the Composition of Cross-Border Lending?

Financial Crises and the Composition of Cross-Border Lending by Eugenio Cerutti is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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