This paper examines the transmission of U.S. monetary policy shocks to bank lending in 12 Latin American countries between 2000 and 2020. Using data from 118 banks, we find evidence of an international bank lending channel, even in countries with low direct exposure to U.S. banks.
This study provides an overview of steps taken by Regional Financing Arrangements (RFAs) to incorporate climate considerations into their activities, covering the areas of economic monitoring, lending, capacity building, and internal policies and operations.
New Working Paper | Banks’ Leverage in Foreign Exchange Derivatives in Times of Crises: A Tale of Two Countries
On October 27, the XXXVI Conference of Central Banks and Official Institutions was held in Cartagena de Indias. In its 36 editions, this is the first to propose a hybrid format for its sessions.
Official Announcement | XXXVI Conference of Central Banks and Official Institutions is coming up!
On August 12, the XVII Annual Conference of Economic Studies: Monetary Policy and Post-Covid Fiscal Rules will be held in Cartagena de Indias, Colombia. Event organized by FLAR in conjunction with the Development Bank of Latin America
FLAR Talks | The dollar debt of companies in Latin America: the warning signs
FLARblog | Regional perspectives on the economic impact of a double shock: Asia, Europe, Latin America
6th Joint Regional Financing Arrangements Research Seminar
FLAR, NBER and Banco de la República come together to discuss capital flows in emerging markets
FLAR Talks: Resilience of the Latin American financial system during the pandemic
FLARblog’s new post: State of and perspectives on the Spanish banking system in Latin America
FLAR Essay Contest: Deciphering the region with the Economic Information System
Video | Central Bank of Chile joins FLAR as an associate member
FLARblog’s new post: The dollar debt of companies in Latin America: the warning signs
Video: The Dollar Debt of Companies in Latin America: the warning signs
Central Bank of Chile and FLAR sign joint agreement