National corruption and international banking
Abstract
This paper identifies national corruption as a determinant of international banking. Using total international banking claims of 21 countries from worldwide borrowers, at the bilateral lender-borrower level, we document that when lender countries are less corrupt than borrower countries, international banking volume tends to be higher between countries with similar corruption levels. In contrast, when lender countries are more corrupt than...
Paper Details
Title
National corruption and international banking
Published Date
Feb 1, 2021
Journal
Volume
47
Pages
100521 - 100521
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