Browsing by Author "Trebesch, Christoph"

Now showing items 1-3 of 3

2020-04-16Diskussionspapier

China’s Overseas Lending

Horn, Sebastian; Reinhart, Carmen; Trebesch, Christoph

Compared with China’s pre-eminent status in world trade, its role in global finance is poorly understood. This paper studies the size, characteristics, and determinants of China’s capital exports building a new database ...
2020-06-09Diskussionspapier

Coping with Disasters: Two Centuries of International Official Lending

Horn, Sebastian; Reinhart, Carmen M.; Trebesch, Christoph

Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross-border capital flows, especially during disasters such as wars, financial crises and natural catastrophes. ...
2019-10-11Diskussionspapier

Sovereign Bonds since Waterloo

Meyer, Josefin; Reinhart, Carmen M.; Trebesch, Christoph

This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) ...