Loan sales: Pacific Rim trade in nontradable assets

Joseph Haubrich () and James B. Thomson ()

No 9414, Working Paper from Federal Reserve Bank of Cleveland

Abstract: An examination of the role of foreign banks in the loan sales market, finding that the motives for loan sales and purchases differ between U.S. and foreign-owned banks and between foreign banks of different regions, which is consistent with foreign banks' using the market for diversification.

Keywords: Loan sales; Pacific Area; International finance (search for similar items in EconPapers)
Date: 1994
View list of references

Downloads: (external link)
http://www.clevelandfed.org/Research/Workpaper/1994/wp9414.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:fip:fedcwp:9414

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper from Federal Reserve Bank of Cleveland
Contact information at EDIRC.
Series data maintained by Diane Rosenberger ().