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Multinational bank activity is known to generate spillover effects between countries. The size of these spillover effects inter alia depends on the choice of multinational banks' representative form and on regulation. The present paper studies the interdependence between these two factors. We...
Persistent link: https://www.econbiz.de/10012930177
From European integration to domestic politics to the development of the global economy, technocracy and private ordering have shaped economic behaviour. Such transformative private-driven forces of economic activity flourished through the promulgation of voluntary standards. In view of the...
Persistent link: https://www.econbiz.de/10012794045
Using a unique hand-collected dataset of 1,251 European Union banks and 20,850 foreign affiliates hosted in 154 countries, this paper investigates how both host country and home country regulation affect the decision on where and how to go abroad in developing countries as opposed to developed...
Persistent link: https://www.econbiz.de/10012935516
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
As a consequence of recent regulatory initiatives against ‘banking secrecy', international financial activities in offshore financial centres (OFC), which comprise mostly small island tax-havens, may have diminished appeal to financial institutions and investors in advanced economies. In this...
Persistent link: https://www.econbiz.de/10013141667
This is a draft of the first half of an open access textbook on game theory. I hope to complete the entire book by the end of 2015. After teaching game theory (at both the undergraduate and graduate level) at the University of California, Davis for 25 years, I decided to organize all my teaching...
Persistent link: https://www.econbiz.de/10011429960
This paper examines the impact of regulatory policies on banking market efficiency using a sample of 678 commercial … Squares method. Focus is on two alternative measures of banking market efficiency: net interest margin and overhead costs … (operating expenses to assets). Elevated levels of these two ratios should indicate a low level of banking efficiency. The …
Persistent link: https://www.econbiz.de/10013179673
This paper principally aims at examining the impact of capital requirements regulation on bank operating efficiency in … relationship between capital ratio and bank operating efficiency. This shows that commercial banks in Tanzania with more stringent … strengthen financial stability by providing a larger capital cushion but also improves bank operating efficiency by preventing a …
Persistent link: https://www.econbiz.de/10011883489
We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where … to locate their activities and have private information about their efficiency level. Regulators non-cooperatively offer … regulators to discriminate between banks with different efficiency levels. This result is driven by the endogenous restriction …
Persistent link: https://www.econbiz.de/10012991941
We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where … to locate their activities and have private information about their efficiency level. Regulators non-cooperatively offer … regulators to discriminate between banks with different efficiency levels. This result is driven by the endogenous restriction …
Persistent link: https://www.econbiz.de/10012993683