This paper examines whether multinational banks have a stabilising or a destabilising role during times of financial distress. With a focus on Europe, it looks at how these banks’ foreign affiliates have been faring during the recent financial crisis. It finds that retail and corporate lending...

CEP Discussion Paper No 896 November 2008 Does Family Control Affect Trade Performance? Evidence for Italian Firms Giorgio Barba Navaretti, Riccardo Faini and Alessandra Tucci Abstract This paper examines whether the export decision of firms is affected by their...