This paper uses a large panel of bilateral bank flow data to assess how institutions and politics affect international capital -bank in particular- flows. The following key findings emerge: 1) The empirical "gravity" model is the benchmark in explaining the volume of international banking...

This paper uses a large panel of bilateral bank flow data to assess how institutions and politics affect international capital -bank in particular- flows. The following key findings emerge: 1) The empirical "gravity" model is the benchmark in explaining the volume of international banking...

This paper uses a large panel of bilateral bank flow data to assess how institutions and politics affect international capital - bank in particular - flows. The following key findings emerge: 1) The empirical "gravity" model is the benchmark in explaining the volume of international banking...