Jain, Arvind K; Gupta, Satyadev - In: Journal of Money, Credit and Banking 19 (1987) 1, pp. 78-89
The authors examine the international lending decisions of U.S. commercial banks of different sizes from 1977 to 1982 for evidence ofthe ex istence of "herding" behavior. Granger-Sims causality tests for the loans gran ted by the top nine, the next fifteen, and the remaining U.S. banks provide...