We examine the impact of foreign bank presence on a host countries' business regulatory environment. We employ a panel dataset of 87 developing economies for the 1995-2013 period and measure the efficiency of business regulations using the indices from the Heritage and the Fraser datasets. Our...

We examine the lending behavior of banks during anxious periods. The main characteristic of anxious periods is that the perceptions and expectations about economic conditions worsen for economic agents even though the economy is not in a recession. We identify distinct periods of anxiety for...