Showing 1 - 10 of 46
the abolition of capital controls seem to have exerted a greater influence on foreign assets than on FDI of German banks …
Persistent link: https://www.econbiz.de/10011475868
The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … candidates actual values are still far below expected ones in most cases. Consequently, we anticipate rising capital and trade …
Persistent link: https://www.econbiz.de/10011472489
section estimates show that short- and long-term assets are highly correlated with foreign trade links but not necessarily … with variables capturing regulatory restrictions. Trade activities are more important in explaining claims on banks versus …
Persistent link: https://www.econbiz.de/10010260632
International trade exposes exporters and importers to substantial risks. To mitigate these risks, firms can buy … special trade finance products from banks. This paper explores under which conditions and to what extent firms use these …
Persistent link: https://www.econbiz.de/10011459364
How relevant are financial instruments to manage risk in international trade for exporting? Employing a unique dataset … of U.S. banks' trade finance claims by country, this paper estimates the effect of shocks to the supply of letters of … more than doubles during crisis times, suggesting a non-negligible role for finance in explaining the Great Trade Collapse …
Persistent link: https://www.econbiz.de/10011459427
section estimates show that short- and long-term assets are highly correlated with foreign trade links but not necessarily … with variables capturing regulatory restrictions. Trade activities are more important in explaining claims on banks versus …
Persistent link: https://www.econbiz.de/10011476909
This paper studies how frictions to foreign bank operations affect the sectoral composition of banks' foreign positions, their funding sources and international bank flows. It presents a parsimonious model of banking across borders, which is matched to bank-level data and used to quantify...
Persistent link: https://www.econbiz.de/10011563086
This paper develops a model of banking across borders where banks differ in their efficiencies that can replicate key patterns in the data. More efficient banks are more likely to have assets, liabilities and affiliates abroad and have larger foreign operations. Banks are more likely to be...
Persistent link: https://www.econbiz.de/10011563162
liability holdings are strongly supported by the data. -- international banking ; cross-border lending ; capital flows ; trade …
Persistent link: https://www.econbiz.de/10009657663
Banks play a critical role in facilitating international trade by guaranteeing international payments and thereby … reducing the risk of trade transactions. This paper uses banking data from the United States to document new empirical patterns … regarding the use of letters of credit and similar bank guarantees. The analysis shows that the volume of banks’ trade finance …
Persistent link: https://www.econbiz.de/10010201328