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This paper adopts the tail-event driven network (TENET) framework to explore the connectedness and systemic risk of the banking industry along the Belt and Road (B&R) based on weekly returns of 377 publicly-listed banks from 2014 to 2019. We conduct the connectedness analysis from four levels...
Persistent link: https://www.econbiz.de/10013272974
This paper finds a strong empirical link between domestic banking sector competitiveness and de facto international integration. De-facto international integration is measured through a new index of financial integration, which measures, for deviations from covered interest parity, the size of...
Persistent link: https://www.econbiz.de/10010279864
This paper finds a strong empirical link between domestic banking sector competitiveness and de facto international integration. De-facto international integration is measured through a new index of financial integration, which measures, for deviations from covered interest parity, the size of...
Persistent link: https://www.econbiz.de/10008771582
This paper shows that bank linkages have a positive effect on international trade. A global banking network (GBN) is … constructed at the bank level, using individual syndicated loan data from Loan Analytics for 1990-2007. Network distance between … bank pairs is computed and aggregated to country pairs as a measure of bank linkages between countries. Data on bilateral …
Persistent link: https://www.econbiz.de/10013071718
This paper examines whether multinational banks have a stabilising or a destabilising role during times of financial distress. With a focus on Europe, it looks at how these banks' foreign affiliates have been faring during the recent financial crisis. It finds that retail and corporate lending...
Persistent link: https://www.econbiz.de/10013127610
This paper examines whether multinational banks have a stabilising or a destabilising role during times of financial distress. With a focus on Europe, it looks at how these banks' foreign affiliates have been faring during the recent financial crisis. It finds that retail and corporate lending...
Persistent link: https://www.econbiz.de/10013144271
Persistent link: https://www.econbiz.de/10009248006
, lower risk assets abroad and also would eliminate pressures on the People's Bank of China, allowing for more rapid …
Persistent link: https://www.econbiz.de/10014212658
This paper measures the extent of comovements in stock returns between Korea and three major countries (China, Japan and the U.S.) using industry-level data for Korea from 2003 to 2016 in the spirit of the international capital asset pricing model. It also examines what drives the comovements...
Persistent link: https://www.econbiz.de/10012920780
Persistent link: https://www.econbiz.de/10001548187