@techreport{Grote2007Foreign,
abstract = {This paper traces the location of foreign banks in Germany from 1949 to 2006. As
suggested by new economic geography models we find a ?u?-shaped concentration of
foreign banks in Germany. Only after a competition between several cities, Frankfurt
has emerged as the pre-eminent financial centre, triggered by the ?historical event? of
setting up the German central bank in Frankfurt. After a strong increase, Frankfurt?s
share in the location of foreign banks in Germany decreases slowly but significantly
since the mid 1980?s. We conclude that there will be a lesser role in Europe for secondtier
financial centres in the future.},
author = {Michael H. Grote},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {N94; R11; 330; financial centres; "u"-shape; foreign banks; Frankfurt; Internationale Bank , Standortwahl , Finanzplatz , Deutschland , Frankfurt (Main)},
language = {eng},
number = {177},
title = {Foreign banks? attraction to the financial centre Frankfurt: a "u"-shaped relationship},
type = {Working paper series / Johann-Wolfgang-Goethe-Universit\"{a}t Frankfurt am Main, Fachbereich Wirtschaftswissenschaften : Finance & Accounting},
url = {http://hdl.handle.net/10419/23441},
year = {2007}
}
