Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the … variation from an international trade theory perspective. In the model, banking across borders arises from differences in factor … endowments and differences in banking sector efficiencies between countries. The paper shows how these differences determine …

reported capital figures suggests that there appears to be enough capital in the banking system, but its distribution might be …

-prudential capital charges, the assessment of systemic risks in the banking sector, and for the calculation of banks' interbank loss …

distribution, leading in our application to the German banking sector to a reduction in impact compared to the model without the …