Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/41457 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorBuch, Claudia M.en
dc.contributor.authorKoch, Cathérine Tahmeeen
dc.contributor.authorKoetter, Michaelen
dc.date.accessioned2010-11-08T11:20:14Z-
dc.date.available2010-11-08T11:20:14Z-
dc.date.issued2010-
dc.identifier.isbn978-3-86558-649-0en
dc.identifier.urihttp://hdl.handle.net/10419/41457-
dc.description.abstractRecent developments on international financial markets have called the benefits of bank globalization into question. Large, internationally active banks have acquired substantial market power, and international activities have not necessarily made banks less risky. Yet, surprisingly little is known about the actual link between bank internationalization, bank risk, and market power. Analyzing this link is the purpose of this paper. We jointly estimate the determinants of risk and market power of banks, and we analyze the effects of changes in terms of the number of foreign countries (the extensive margin) and the volume of foreign assets (the intensive margin). Our paper has four main findings. First, there is a strong negative feedback effect between risk and market power. Second, banks with higher shares of foreign assets, in particular those held through foreign branches, have higher market power at home. Third, holding assets in a large number of foreign countries tends to increase bank risk. Fourth, the impact of internationalization differs across banks from different banking groups and of different size.en
dc.language.isoengen
dc.publisher|aDeutsche Bundesbank |cFrankfurt a. M.en
dc.relation.ispartofseries|aDiscussion Paper Series 2 |x2010,09en
dc.subject.jelF3en
dc.subject.jelG21en
dc.subject.ddc330en
dc.subject.keywordmarket power-risk nexusen
dc.subject.keywordinternational bankingen
dc.subject.keywordmicro-dataen
dc.subject.keywordGermanyen
dc.subject.stwInternationale Banken
dc.subject.stwMarktmachten
dc.subject.stwBankrisikoen
dc.subject.stwBankgeschäften
dc.subject.stwGlobalisierungen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleDo banks benefit from internationalization? Revisiting the market power-risk nexus-
dc.typeWorking Paperen
dc.identifier.ppn638117801en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bubdp2:201009en

Files in This Item:
File
Size
596.08 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.