E(M)U effects in global cross-border banking

We demonstrate that the European Monetary Union (EMU) increases cross-border depositing but not lending among EMU countries by 31%. While being a member of the European Union (EU) increases cross-border loans by 49%, cross-border deposit volumes are unaffected.

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Year of publication:	2013
Authors:	Sander, Harald ; Kleimeier, Stefanie ; Heuchemer, Sylvia
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 118.2013, 1, p. 91-93
Publisher:	Elsevier
Subject:	Cross-border banking \| Common currency effects \| Banking market integration \| Gravity model

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Type of publication:	Article
Classification:	F3 - International Finance ; G1 - General Financial Markets ; G2 - Financial Institutions and Services
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010603113