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Keywords:letters of credit 

Conference Paper
Off-balance sheet activities and the underinvestment problem in banking

Proceedings , Paper 200

Discussion Paper
An empirical analysis of standby letters of credit

Research Papers in Banking and Financial Economics , Paper 85

Working Paper
Risk-based capital and off-balance sheet activities

Finance and Economics Discussion Series , Paper 35

Working Paper
An analysis of the use of loan sales and standby letters of credit by commercial banks

Working Papers in Applied Economic Theory , Paper 87-09

Report
On the relationship between standby letters of credit and bank capital

Staff Memoranda , Paper 87-4

Journal Article
Standby letters of credit

Economic Perspectives , Volume 11 , Issue Jul

Report
International Trade, Risk and the Role of Banks

Banks play a critical role in international trade by providing trade finance products that reduce the risk of exporting. This paper employs two new data sets to shed light on the magnitude and structure of this business, which, as we show, is highly concentrated in a few large banks. The two principal trade finance instruments, letters of credit and documentary collections, covered about 10 percent of U.S. exports in 2012. They are preferred for larger transactions, which indicates the existence of substantial fixed costs in the provision and use of these instruments. Letters of credit are ...
Staff Reports , Paper 633

Conference Paper
Risk-based capital and off-balance sheet activities

Proceedings , Paper 202

Conference Paper
Off-balance-sheet activity: a growing concern?

Proceedings , Paper 118

Discussion Paper
Substituting loan insurance for intermediation: the private and social benefits of standby letters of credit

Research Papers in Banking and Financial Economics , Paper 92

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