compiled from credit data at the Deutsche Bundesbank. Our aim is to gain more insight into the pattern of German bank lending …This paper studies German bank lending during the Asian and Russian crises, using a bank level data set, which has been … characterised by a general withdrawal from emerging markets. The use of micro data allows us to analyse and to model bank …

heuristic approaches which capture the deviation of a bank's portfolio from a specified benchmark. Conceivable benchmarks are … indicate contradicting results on the individual bank level. Since distance measures are more appealing from a theoretical …, may be misleading. We further find that, despite these differences on the individual bank level, both approaches reveal …