The International Banking Research Network (IBRN) brings together central bank researchers from around the world to analyze issues pertaining to global banks.
It was established in 2012 by Austrian, German, U.S., and U.K. researchers who saw a need for joint analysis of key questions, such as the role of cross-border
banking in the transmission of financial shocks. The group has now expanded to include economists and analysts from a broad group of central banks, as well as
the Bank for International Settlements and the International Monetary Fund.
2016-17: GLOBAL FINANCIAL LINKAGES AND MONETARY POLICY TRANSMISSION
The IBRN’s latest research effort has country teams investigating the impact of conventional and unconventional monetary policy actions on lending of both home-grown domestic banks and hosted foreign banks. By using microbanking data, the teams will be able to compare which bank characteristics, if any, change the nature of transmission and to identify the most important channels of transmission.
The initiative aims to contribute to an improved understanding of the role of banks in both the outward and inward transmission of monetary policy. A focus on the period from 2000 to 2015 will capture a number of distinct monetary policy regimes.
A research outline is available here:The International Transmission of Monetary Policy: Financial Linkages and Domestic Policy Responses.
INTERNATIONAL BANKING LIBRARY LAUNCHES
The Halle Institute for Economic Research has introduced the International Banking Library for researchers, policymakers, and students in search of comprehensive information on international banking issues.
The website, produced by scholars associated with the IBRN, offers for access to data sources, theoretical and empirical academic research on global banking themes, and information on regulatory initiatives.