Showing 1 - 10 of 1,784
This paper analyzes how corporate taxation and regulatory requirements affect the location of financial sector FDI. We use novel information on new financial services entities established by multinational firms in 83 host countries. We find a negative effect of host country taxes on the...
Persistent link: https://www.econbiz.de/10011334235
We analyze the inward and outward transmission of regulatory changes through German banks' (international) loan portfolio. Overall, our results provide evidence for international spillovers of prudential instruments, these spillovers are however quite heterogeneous between types of banks and can...
Persistent link: https://www.econbiz.de/10011518213
Persistent link: https://www.econbiz.de/10013140086
The historical record shows that financial crises are far from being a rare a phenomenon; they occur often enough to be considered part of the workings of finance capitalism. While there is no single hypothesis that can best explain all crises, the implications of the credit boom-and-bust...
Persistent link: https://www.econbiz.de/10013070451
Persistent link: https://www.econbiz.de/10013159841
This paper presents an overview of the Japanese system to deal with the distress of banks, providing a classification of the regulation and remedies based on the level of systemic risk of the troubled entity. The paper differentiates between the types of actions available and analyses in detail...
Persistent link: https://www.econbiz.de/10012960405
Turkey has experienced the biggest financial and economic shock in 2001 resulting a massive overhauling of its entire banking system that eventually cost the government over $50 billion. The IMF was involved in the recovery process from the beginning providing Turkey nearly $24 billion of...
Persistent link: https://www.econbiz.de/10012908845
We document that non-US global banks are increasingly heterogeneous in their dollar banking activities and dollar demand. We study the implications for dollar funding markets using data on security-level money market fund holdings. We find that funds charge higher prices to banks with weaker...
Persistent link: https://www.econbiz.de/10012888947
period (1999-2012). Initially this paper estimates the productivity and efficiency of MENA commercial banks using Malmquist … DEA to estimate productivity (TFP), technological and technical efficiency, and scale efficiency change in order to … than efficiency change. Results also suggest that expenses preference behaviour leads to be more productive banks in the …
Persistent link: https://www.econbiz.de/10012895693