Please use this identifier to cite or link to this item:
http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17710| Title: | Information or Regulation: What Is Driving the International Activities of Commercial Banks? |
| Keywords: | F21 G21 ddc:330 cross-border banking information costs panel cointegration Internationale Bank Internationaler Finanzmarkt Portfolio-Investition Bilanzstrukturmanagement Informationskosten Bankenpolitik Kapitalmarktliberalisierung EU-Binnenmarkt Panel Schätzung Frankreich Deutschland Großbritannien |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks? cross-border activities and provides empirical evidence. Our dataset allows us to capture both the times-series and the cross-section dimension of information costs and changes in regulations, in particular, for intra-EU asset holdings. While EU membership per se seems to have had a negative impact on cross-border banking activities, the adoption of the Single Market clearly had a positive impact. While regulations and information costs are important for all reporting countries, their relative importance differs between countries. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/17710 |
| Other Identifiers: | http://hdl.handle.net/10419/17710 ppn:322721172 |
| Appears in Collections: | EconStor |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.