Hibiki Ichiue

Changes in the Global Investor Base and the Stability of Portfolio Flows to Emerging Markets

An analysis of mutual-fund-level flow data into EM bond and equity markets confirms that different types of funds behave differently. Bond funds are m...

Post-crisis International Banking

An Analysis with New Regulatory Survey Data

Foreign bank lending has stopped growing since the global financial crisis. Changes in banks’ business models, balance-sheet adjustments, as well as...

Essays on the Yield Curve, Its Predictive Power and Monetary Policy

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