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Information or Regulation: What Drives the International Activities of Commercial Banks?

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  • Buch, Claudia M

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.

Suggested Citation

  • Buch, Claudia M, 2003. " Information or Regulation: What Drives the International Activities of Commercial Banks?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(6), pages 851-869, December.
  • Handle: RePEc:mcb:jmoncb:v:35:y:2003:i:6:p:851-69
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