Information or Regulation: What Drives the International Activities of Commercial Banks?
Claudia Buch
Journal of Money, Credit and Banking, 2003, vol. 35, issue 6, 851-69
Abstract:
Information costs and regulatory barriers distinguish international financial markets from national ones. Using panel data on bilateral assets and liabilities of commercial banks, I empirically determine the impact of information, costs and regulations, and I isolate intra-EU financial linkages. I confirm that information costs and regulations are important factors influencing international asset choices of banks, but their relative importance differs among countries.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:mcb:jmoncb:v:35:y:2003:i:6:p:851-69
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