Theory suggests that bank integration (financial integration generally) can magnify or dampen the business cycles … that bank integration across U.S. states over the late 1970s and 1980 dampened economic volatility within states …. Internationally, however, we find that foreign bank integration, which advanced widely during the 1990s, has been either unrelated to …

allocation, where distance is bank-affiliate specific and depends on the ex ante relative importance of such locations as local …

The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and … international bank lending to global risk conditions declined considerably after the crisis and became similar to that of … international debt securities. The increased sensitivity of international bank flows to U.S. monetary policy has been driven mainly …

-crisis levels. Conversely, the responsiveness of international bank lending to global risk conditions declined steadily throughout … sensitivity of international bank lending to global risk was mainly driven by increases in the lending shares of better …

The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and … "taper tantrum", and then partially reverted towards pre-crisis levels. Conversely, the responsiveness of international bank … securities. The increased sensitivity of international bank flows to US monetary policy has been driven mainly by post …

The post-crisis period has seen a considerable shift in the composition and drivers of international bank lending and … "taper tantrum", and then partially reverted towards pre-crisis levels. Conversely, the responsiveness of international bank … securities. The increased sensitivity of international bank flows to US monetary policy has been driven mainly by post …

allocation, where distance is bank-affiliate specific and depends on the ex ante relative importance of such locations as local …