Ashraf, Badar Nadeem; Arshad, Sidra; Yan, Liang - In: Journal of risk and financial management : JRFM 10 (2017) 3, pp. 1-18
In this paper, we examine the impact of trade openness on bank risk-taking behavior. Using a panel dataset of 291 banks from 37 emerging countries over the period from 1998 to 2012, we find that higher trade openness decreases bank risk-taking. The results are robust when we use alternative bank...