For a sample of 83 financial institutions during 2003–2011, this paper attempts to answer three questions: first, what is the evolution of banks’ stock price exposure to country-level and global risk factors as approximated by equity indices; second, which bank-specific characteristics...

During the global financial crisis, European banks contracted foreign claims on recipient economies sharply. This paper examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia. Identification is achieved by exploiting heterogeneity in...

The 2013 PREDICT report provides an overview of the importance of the EU ICT sector and its R&D performance. The report gives detailed information on the progress made by the ICT sector comprising both ICT manufacturing and ICT service. The analysis is carried out by comparing EU Member State...