We combine recent findings from the empirical banking literature with established insights
from studies of banking competition and regulation. Motivated by modern theory of financial …

This book provides a compendium to the empirical work investigating the hypotheses
generated by recent banking theory. Such a compendium is overdue. Since the publication …

We investigate how integration of bank ownership across states has affected economic
volatihty within states. In theory, bank integration could cause higher or lower volatility …

This article reviews and evaluates a particular aspect of the institution‐building process in
the transition countries of Southeast Europe. It focuses on the development of the banking …

We argue that technological progress and technology diffusion is improving innovation the
banking industry, leading to a potential steady-state equilibrium in operational efficiency and …

“Old Europe”–the developed nations of continental Europe–averages only about 15%
foreign bank ownership, whereas “New Europe”–the transition nations of Eastern Europe …

This paper aims to measure the degree of international financial and economic integration
through sukuk markets among the eight sukuk issuing countries for the period of 2004 …

We investigate the determinants of cross-border lending in the euro zone with a focus on the
potentially limiting role of cultural and political factors. Employing a unique data set of …

Over the last decades, despite the remarkable progress toward the harmonization of
banking regulation, interest rate differentials in the Eurozone remain large. In this context …

Cross-country integration of banking in Europe typically has been analyzed from the
perspective of particular markets for financial products. We extend this research to consider …