Chiuri, Maria Concetta; Ferri, Giovanni; Majnoni, Giovanni - Dipartimento di Scienze Economiche, Facoltà di Economia - 2000
curtailed credit supply, particularly at less-well capitalized banks. Second, such negative impact was larger for countries … significantly smaller for foreign-owned banks, suggesting that opening up to foreign investors may be an effective way to partly … shield the domestic banking sector from negative shocks. Overall, CAR enforcement - by inducing banks to reduce their lending …