Showing 1 - 10 of 2,733
The banking systems of some countries export intermediation services to the rest of the world, while many other … money relative to bank assets than nonbanking-center countries. This paper develops a stylized model of regulated bank … intermediation to examine the role of national monetary policy in determining the international competitiveness of a national banking …
Persistent link: https://www.econbiz.de/10012474246
The global imbalance explanation of the financial crisis of 2007-09 suggests that demand for riskless assets from countries with current account surpluses created fragility in countries with current account deficits, most notably, in the United States. We examine this explanation by analyzing...
Persistent link: https://www.econbiz.de/10012462576
activities for a sample of banks in 38 countries over the 1998-2008 period. International double taxation of foreign-source bank …, and that the incidence of international double taxation of banks is on bank customers in the foreign subsidiary country …This paper examines empirically how international taxation affects the volume and pricing of cross-border banking …
Persistent link: https://www.econbiz.de/10012460178
We examine the effect of negative nominal interest rates on bank profitability and behavior using a cross-country panel …
Persistent link: https://www.econbiz.de/10012480657
Persistent link: https://www.econbiz.de/10012467179
-funded capital injections. However, on closer inspection the composition of bank capital shifted radically from one based on common …
Persistent link: https://www.econbiz.de/10012461761
-of-second-to-last-resort". Using daily supervisory bank balance sheet information, we find that U.S. GSIBs modestly increase their dollar liquidity … broker-dealer subsidiaries within the same bank holding company are crucial to this type of "reserve-draining" intermediation …
Persistent link: https://www.econbiz.de/10012481346
effects from cross-border bank takeovers with those of cross-border lending by banks located overseas, which in most cases …
Persistent link: https://www.econbiz.de/10012462623
We offer a new explanation of loan syndicate structure based on banks' comparative advantage in managing systematic liquidity risk. When a syndicated loan to a rated borrower has systematic liquidity risk, the fraction of passive participant lenders that are banks is about 8% higher than for...
Persistent link: https://www.econbiz.de/10012464844
interpretation of bank finance as dominating that segment of international financial markets characterized by the most pronounced …This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan …-extension and pricing decisions as jointly determined. Compared to the bond market, our findings highlight the role of international …
Persistent link: https://www.econbiz.de/10012471681