Information or Regulation: What Drives the International Activities of Commercial Banks?
Information or Regulation: What Drives the International Activities of Commercial Banks?
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DOI：
10.1353/mcb.2003.0042
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发表时间：
2003-12
期刊：
影响因子：
--
通讯作者：
C. Buch
中科院分区：
文献类型：
--
作者：
C. Buch
信息成本和监管障碍使国际金融市场有别于国内市场。使用面板数据的双边资产和负债的商业银行，我实证确定的信息，成本和法规的影响，我隔离欧盟内部的金融联系。我确认，信息成本和监管是影响银行国际资产选择的重要因素，但它们的相对重要性因国家而异。
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.