more open to foreign entry. In the model, banking sector integration leads to bank exit and entry and convergence in the … return on loans and funding costs across countries. Bank heterogeneity matters for the associated welfare gains. Results … suggest that differences in bank efficiencies across countries drive banking across borders, that fixed costs are crucial for …

lengthen the maturity of foreign debt, as short-term debt is typically considered to be highly volatile. The transition …

This paper studies how frictions to foreign bank operations affect the sectoral composition of banks' foreign positions …, their funding sources and international bank flows. It presents a parsimonious model of banking across borders, which is … matched to bank-level data and used to quantify cross-border frictions. The counterfactual analysis shows how higher barriers …

, differences in the return on loans across countries, and impediments to foreign bank operations. Specifically, the model predicts … entry rise, a hypothesis supported by German bank-level data. This result suggests that policies that restrict the …

lengthen the maturity of foreign debt, as short-term debt is typically considered to be highly volatile. The transition …

lengthen the maturity of foreign debt, as short-term debt is typically considered to be highly volatile. The transition …

regarding the use of letters of credit and similar bank guarantees. The analysis shows that the volume of banks’ trade finance …

in the Nigerian banking industry. Hence, as it currently stands, the Central Bank of Nigeria needs to, for the moment …

In the past fifteen years, cross-border mergers and acquisitions had an ever increasing role in the process of bank … internationalization. Although a consensus view has developed on the determinants of a bank's decision to expand abroad and on the … determinant of the patterns of expansion, the debate on the consequences of foreign bank presence is still open. The aim of this …