Showing 1 - 10 of 12
The effect of the unification of the European banking market on the efficiency of the allocation of capital across Europe depends on the economic forces behind banking structure. Such forces are not well understood. The paper discusses a conceptual framework for analyzing financial services...
Persistent link: https://www.econbiz.de/10005368145
The paper develops an empirical model to explain growth of total assets of a sample of the world's largest banks. The model was estimated over a period in which U.S. banks' assets grew less rapidly than the assets of large banks headquartered in other industrial countries. The model provides an...
Persistent link: https://www.econbiz.de/10005368167
regarding international trade in financial services. ; The first section of the paper presents a brief historical survey of the …
Persistent link: https://www.econbiz.de/10005368188
The Federal Reserve Board permitted banking offices located in the United States to establish International Banking … evaluated in relation to activities in other international banking centers. The paper concludes that IBFs have not turned out to …
Persistent link: https://www.econbiz.de/10005368523
We model two dimensions of bank globalization -- bank nationality (a bank from the firm's host nation, its home nation, or a third nation) and bank reach (a global, regional, or local bank) -- using a two-stage nested multinomial logit model. Our data set includes over 2,000 foreign affiliates...
Persistent link: https://www.econbiz.de/10005372527
-border acquisitions between 1994 and 2003 to analyze the characteristics and performance effects of international takeovers on target …
Persistent link: https://www.econbiz.de/10005372540
Using the conditional Capital Asset Pricing Model (CAPM), this paper tests for the existence and pattern of contagion and capital market integration in global equity markets. Contagion is defined as significant excess conditional correlation among different countries' asset returns above what...
Persistent link: https://www.econbiz.de/10005372545
The paper develops a simple simulation model of international bank lending to test the extent to which targeting of … international lending; the targeting of a given share of the total lending market; and lending based on an assessment of the … more than one-half of international bank lending is predicated on the maintenance of market share. The model also indicates …
Persistent link: https://www.econbiz.de/10005712769
reviewing several hundred studies, providing comparative international data, and estimating cross-border banking efficiency in … efficiency both at home and abroad. If these results continue to hold, they do not preclude successful international expansion by …
Persistent link: https://www.econbiz.de/10005721062
We model two dimensions of bank globalization -- bank nationality (a bank from the firm's host nation, its home nation, or a third nation) and bank reach (a global, regional, or local bank) using a two-stage nested multinomial logit model. Our data set includes over 2,000 foreign affiliates of...
Persistent link: https://www.econbiz.de/10005721123