Zur Kurzanzeige

dc.creatorGropp, Reint E.
dc.creatorNoth, Felix
dc.creatorSchüwer, Ulrich
dc.date.accessioned2021-09-28T09:37:08Z
dc.date.available2021-09-28T09:37:08Z
dc.date.issued2019-03-06
dc.identifier.urihttps://fif.hebis.de/xmlui/handle/123456789/2350
dc.description.abstractWe show that banks that are facing relatively high locally non-diversifiable risks in their home region expand more across states than banks that do not face such risks following branching deregulation in the United States during the 1990s and 2000s. Further, our evidence shows that these banks take into account the local risks in potential target regions: they expand more into counties where risks are relatively high and positively correlated with risks in their home region. This suggests that these banks do not only diversify but also build on their expertise in local risks when they expand into new regions.
dc.rightsAttribution-ShareAlike 4.0 International
dc.rights.urihttp://creativecommons.org/licenses/by-sa/4.0/
dc.subjectFinancial Institutions
dc.titleWhat Drives Banks' Geographic Expansion? The Role of Locally Non-Diversifiable Risk
dc.typeWorking Paper
dcterms.referenceshttps://fif.hebis.de/xmlui/handle/123456789/1410?FDIC
dcterms.referenceshttps://fif.hebis.de/xmlui/handle/123456789/1492?SHELDUS
dcterms.referenceshttps://fif.hebis.de/xmlui/handle/123456789/1349?BEA
dc.source.filename246_SSRN-id3347766
dc.identifier.safeno246
dc.subject.keywordsbanking
dc.subject.keywordsgeographic expansion
dc.subject.keywordsderegulation
dc.subject.keywordslocally non-diversifiable risk
dc.subject.keywordscatastrophic risk
dc.subject.jelG21
dc.subject.jelG28
dc.subject.topic1worry
dc.subject.topic1hauswald
dc.subject.topic1period
dc.subject.topic2note
dc.subject.topic2difference
dc.subject.topic2smoke
dc.subject.topic3distancec
dc.subject.topic3levine
dc.subject.topic3expcd
dc.subject.topic1nameCorporate Finance
dc.subject.topic2nameSaving and Borrowing
dc.subject.topic3nameStability and Regulation
dc.identifier.doi10.2139/ssrn.3347766


Dateien zu dieser Ressource

Thumbnail

Das Dokument erscheint in:

Zur Kurzanzeige

Attribution-ShareAlike 4.0 International
Solange nicht anders angezeigt, wird die Lizenz wie folgt beschrieben: Attribution-ShareAlike 4.0 International