International Diversification Gains and Home Bias in Banking

International Diversification Gains and Home Bias in Banking
This paper assembles a bank-level dataset covering the operations of 38 international banks from eight industrial countries and their subsidiaries overseas during 1995-2004, and studies the extent of diversification gains from their local operations abroad. The paper finds that international banks with a larger share of assets allocated to... READ MORE...

Publication date: December 2007
ISBN 9781451868449
$18.00

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