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International Diversification Gains and Home Bias in Banking

García-Herrero, Alicia - 2007

countries and their subsidiaries overseas during 1995-2004, and studies the extent of diversification gains from their local … of a mean-variance portfolio optimization model. Overall, international diversification gains in banking appear to be … diversification gains could usefully be considered in the second pillar of Basel II as the first pillar is based only on the …

Persistent link: https://www.econbiz.de/10014401066

Bank profitability and financial stability

Xu, TengTeng; Hu, Kun; Das, Udaibir S. - 2019

We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We first develop a theoretical model of the relationship between bank profitability and financial stability by exploring the role of non-interest income and retail-oriented business...

Persistent link: https://www.econbiz.de/10012001476

Immigration and wage dynamics in Germany

Klinger, Sabine; Musayev, Anvar; Natal, Jean-Marc; … - 2019

German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather...

Persistent link: https://www.econbiz.de/10012155220

A diversification strategy for South Asia

Lian, Weicheng; Liu, Fei; Svirydzenka, Katsiaryna; Zhu, … - 2021

determinants that explain the variation in export diversification and complexity across 189 countries from 1962 to 2018. Our …

Persistent link: https://www.econbiz.de/10012605524

Foreign banks : trends, impact and financial stability

Claessens, Stijn; Horen, Neeltje van - 2012

This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market shares of foreign banks average 20...

Persistent link: https://www.econbiz.de/10009424698

The domestic credit supply response to international bank deleveraging : is Asia different?

Aiyar, Shekhar; Jain Chandra, Sonali - 2012

During the global financial crisis, European banks contracted foreign claims on recipient economies sharply. This paper examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia. Identification is achieved by exploiting heterogeneity in...