banking pillars active in Germany. …

-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel … factors matter for international banking. Fourth, gravity-type variables have an important impact on international banking … activities. -- International banking ; extensive and intensive margin ; productivity pecking order ; ordered probit ; selection …

countries tends to increase bank risk. Fourth, the impact of internationalization differs across banks from different banking … groups and of different size. -- Market power-risk nexus ; international banking ; micro-data ; Germany …