Kleimeier, Stefanie; Sander, Harald; Heuchemer, Sylvia - In: Journal of International Money and Finance 32 (2013) C, pp. 884-915
The surge in cross-border banking prior to global financial crises took place not only in the interbank market but also in the retail market, e.g. between banks and their private customers abroad. We utilize confidential data to estimate for the first time the effects of banking, currency and...
