Diversification of Banks’ International Portfolios: Evidence and Policy Lessons
Authors: Claudia Buch (University of Tübingen, IAW & CESifo) Katja Neugebaue. Working Paper D.2.4, 2011
Jueves 9 de junio de 2011, por Carlos San Juan
Over the past decades, banks have significantly increased their cross-border asset positions. The ongoing crisis on international financial markets has raised
the question whether this increase in cross-border activities has allowed banks to
diversify risks and to what extent it has increased banks’ exposure to systemic
risks. In this contribution, we review the existing empirical evidence.
Keywords: international banking, financial integration
JEL Classification: F3
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