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Persistent link: https://www.econbiz.de/10013261112
se seems to have had a negative impact on cross-border banking activities, the adoption of the Single Market clearly had …
Persistent link: https://www.econbiz.de/10011473701
compared to those with limited entry. The paper also finds that when foreign bank entry leads to greater banking concentration …
Persistent link: https://www.econbiz.de/10013022570
Using administrative data on deposits and loans of every Norwegian with every Norwegian bank, we show that an existing deposit account makes a household more likely to hold deposits at the same bank later despite better alternatives and more likely to borrow there. Consistent with this, banks...
Persistent link: https://www.econbiz.de/10013492246
-lived identical households. Then we try to uncover the impact of nominal interest income on the macroeconomy using multiplier theory …
Persistent link: https://www.econbiz.de/10012589330
We study the effects of asymmetric information and imperfect competition in the market for small business lines of credit. We estimate a structural model of credit demand, loan use, pricing, and firm default using matched firm-bank data from Italy. We find evidence of adverse selection in the...
Persistent link: https://www.econbiz.de/10012971793
identifies some key patterns of cross-border investment in bank subsidiaries by key banking groups in sub-Saharan Africa (SSA …) and discusses some of the determinants of this investment. Using a gravity model relating the annual value of a banking …-border banking is in part driven by a search for yield, diversification, and expansion for strategic reasons …
Persistent link: https://www.econbiz.de/10012865119
. The transition countries are among those economies that have experienced one of the highest levels of banking … internationalization in the world. The foreign controlled banking asset in these countries ranges from 70 percent in Poland to almost 100 … the four local banking markets in Central Europe during the period 1994-2004. In addition, we study whether the economic …
Persistent link: https://www.econbiz.de/10013130696
We show that banks manipulate the credit ratings of their borrowers before being compelled to share them with competing banks. Using a unique feature on the timing of information disclosure of a public credit registry, we disentangle the effect of manipulation from learning of credit ratings. We...
Persistent link: https://www.econbiz.de/10012971650
Does the Church Tower Principle, i.e. geographical proximity between borrowing firm and lending bank, matter in credit risk management? If so, the bank might expose itself to a greater risk by lending to distant firms and should therefore respond by rationing them harder. In this paper we...
Persistent link: https://www.econbiz.de/10011585141