This paper investigates the motive of geographic risk diversification in the lending activity for bank mergers in the EU on a sample of large banking groups. Geographic diversification should allow banks to reduce their risk. We observe that the loan portfolios of European banks are home-biased....

L'argument du partage du risque prevoit qu'une union economique beneficie de la diversite de ses membres si des transferts sont possibles entre eux. Dans le cadre de l'Union europeenne, cet argument souleve deux questions que traite cet article en appliquant la theorie du portefeuille aux pays...

We examine the relation between capital and liquidity creation. This issue is interesting because of the potential impact on liquidity creation from tighter capital requirements such as those in Basel III. We perform Granger-causality tests in a dynamic GMM panel estimator framework on an...

Zu den Beziehungen zwischen Wettbewerb und Effizienz in den Bankensektoren der EU Es gibt nur wenige Beweise dafür, dass sich Wettbewerb auf die Effizienz im Bankwesen auswirkt, obwohl sie für die Bewertung des Nutzens eines verstärkten Wettbewerbs im Bankensektor von außerordentlicher...

State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their lending before presidential elections during 2004-2019, a period...

Reference to gender in language can lead individuals to draw distinctions between genders and re-inforce traditional views of gender roles. To test our hypothesis that language gender-marking exerts an influence on the gender gap in financial inclusion, we draw on data for 117 countries in the...

This work examines the impact of bank efficiency on the bank lending channel in China. Using a sample of 175 Chinese banks over the period 2006-2017, we investigate how the reaction of the loan supply to monetary policy actions depends on a bank's efficiency. While bank efficiency does not exert...

To analyze whether the occurrence of elections affects access to credit for firms, we perform an investigation using firm-level data covering 44 developed and developing countries. The results show that elections impair access to credit. Specifically, firms are more credit-constrained in...

Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002-2020, spanning four election cycles, we test the hypothesis that bank failures are less likely before presidential elections. We find that bank failures are less likely to occur in the...