Katalog GES



Changing Forces of Gravity: How the Crisis Affected International Banking

1st Person: Buch, Claudia M.
Additional Persons: Neugebauer, Katja; Schröder, Christoph
Type of Publication: Paper
Language: English
Published: Institut für Wirtschaftsforschung Halle (IWH) 2013
Series: IWH Discussion Papers
Online: https://www.econstor.eu/bitstream/10419/88585/1/774097965.pdf
id
oai_econstor.eu_10419-88585
recordtype
econstor
institution
MPG
collection
ECONSTOR
title
Changing Forces of Gravity: How the Crisis Affected International Banking
spellingShingle
Changing Forces of Gravity: How the Crisis Affected International Banking
Buch, Claudia M.
IWH Discussion Papers
title_short
Changing Forces of Gravity: How the Crisis Affected International Banking
title_full
Changing Forces of Gravity: How the Crisis Affected International Banking
title_fullStr
Changing Forces of Gravity: How the Crisis Affected International Banking
title_full_unstemmed
Changing Forces of Gravity: How the Crisis Affected International Banking
title_sort
Changing Forces of Gravity: How the Crisis Affected International Banking
format
electronic Article
format_phy_str_mv
Paper
publisher
Institut für Wirtschaftsforschung Halle (IWH)
publishDate
2013
language
English
author
Buch, Claudia M.
author2
Neugebauer, Katja
Schröder, Christoph
author2Str
Neugebauer, Katja
Schröder, Christoph
description
The global financial crisis has brought to an end a rather unprecedented period of banks' international expansion. We analyze the effects of the crisis on international banking. Using a detailed dataset on the international assets of all German banks with foreign affiliates for the years 2002-2011, we study bank internationalization before and during the crisis. Our data allow analyzing not only the international assets of the banks' headquarters but also of their foreign affiliates. We show that banks have lowered their international assets, both along the extensive and the intensive margin. This withdrawal from foreign markets is the result of changing market conditions, of policy interventions, and of a weakly increasing sensitivity of banks to financial frictions.
url
https://www.econstor.eu/bitstream/10419/88585/1/774097965.pdf
series
IWH Discussion Papers
seriesStr
IWH Discussion Papers
IWH Discussion Papers
series2
IWH Discussion Papers
series2_facet
IWH Discussion Papers
up_date
2019-05-26T02:50:57.238Z
_version_
1634561227058315270

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