Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/17710 
Autor:innen: 
Erscheinungsjahr: 
2000
Schriftenreihe/Nr.: 
Kiel Working Paper No. 1011
Verlag: 
Kiel Institute of World Economics (IfW), Kiel
Zusammenfassung: 
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.
Schlagwörter: 
cross-border banking
information costs
panel cointegration
JEL: 
F21
G21
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
155.69 kB





Publikationen in EconStor sind urheberrechtlich geschützt.