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Global Banking: Toward an Assessment of Benefits and Costs

Claudia M. Buch,Linda S. Goldberg

Review of Financial Economics（2020）

Cited 4|Views2
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Abstract
Global activities of banks are a core manifestation of broader patterns of globalization of production, trade, and finance. This article reviews the extensive recent empirical and theoretical liter...
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Key words
global banks, international capital flow, global financial cycle, international shock transmission
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