Showing 1 - 9 of 9
on foreign claims took place. For the largest 67 German banking groups, we find that both their characteristics and … behavior in the pre-crisis episode had repercussions for the crisis period. Above all, prior non-traditional banking activities …
Persistent link: https://www.econbiz.de/10011299079
We study the effects of financial sanctions on cross-border credit supply. Using a differences-in-differences approach to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions in countries with sanctioned entities by 38%. The...
Persistent link: https://www.econbiz.de/10012230708
Using transaction-level data on foreign exchange (FX) forward contracts, we document large demand-driven heterogeneity in banks' dollar hedging costs. For identification, we exploit regulatory end-of-quarter reporting that penalizes banks' currency exposure with capital surcharges. Contracts...
Persistent link: https://www.econbiz.de/10011916907
We study the effects of financial sanctions on cross-border credit supply. Using a differences-in-differences approach to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions in countries with sanctioned entities by 38%. The...
Persistent link: https://www.econbiz.de/10011938062
Persistent link: https://www.econbiz.de/10011927474
-sectional predictions. -- Cross-border banking ; international capital flows ; trade in banking services …Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the … variation from an international trade theory perspective. In the model, banking across borders arises from differences in factor …
Persistent link: https://www.econbiz.de/10009740267
We adapt a theoretical model from the goods trade literature to test whether banks with a comparative cost advantage are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank-level data on the international activities of all German banks...
Persistent link: https://www.econbiz.de/10010248946
emerging Europe, we show that when local respondent banks lose access to correspondent banking services, their corporate …We exploit proprietary information on severed correspondent banking relationships (due to the stricter enforcement of …
Persistent link: https://www.econbiz.de/10014472294
emerging Europe, we show that when local respondent banks lose access to correspondent banking services, their corporate …We exploit proprietary information on severed correspondent banking relationships - due to the stricter enforcement of …
Persistent link: https://www.econbiz.de/10013474503