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Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves...
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-level dataset for 558 commercial bank subsidiaries of the 86 largest multinational banks in the world, we find that taxes matter … subsidiary banks affect the intra-bank capital structure through international debt shifting. Using a novel subsidiary …: Capital Tightness -- Figures -- 1. Bank Leverage Histogram -- Technical Appendix. …
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Cover -- Contents -- I. Introduction -- II. The Theoretical Framework -- A. The Household Sector -- Consumption and Saving -- Labor Supply -- B. The Production Sector -- Output Demand -- Labor Demand and Investment -- Output Supply -- C. The Banking Sector -- Credit Demand -- Funding Demand and...
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