Econophysics The law of gravity Model Dissertation

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Buch, Claudia M.; Neugebauer, Katja; Schröder, Christoph

Working Paper

Changing makes of the law of gravity: How the catastrophe affected

intercontinental banking

ZEW Discussion Paperwork, No . 14-006

Provided in Cooperation with:

ZEW -- Zentrum für Europäische Wirtschaftsforschung / Centre for European Economic Analysis

Suggested Citation: Buch, Claudia M.; Neugebauer, Katja; Schröder, Christoph (2014): Changing makes of the law of gravity: How the crisis affected international banking, ZEW Discussion Documents, No . 14-006

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Dis­­cus­­si­­on Newspaper No . 14-006

Changing Pushes of Gravity:

How the Crisis

Affected Foreign Banking

Claudia M. Buch, Katja Neugebauer,

and Christoph Schröder

Dis­­cus­­si­­on Paper Number 14-006

Changing Forces of Gravity:

How the Crisis

Afflicted International Banking

Claudia Meters. Buch, Katja Neugebauer,

and Christoph Schröder

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http://ftp.zew.de/pub/zew-docs/dp/dp14006.pdf

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Not technical overview

The global financial meltdown has brought a rather unprecedented amount of expansion of banks' international financial resources and financial obligations to an end. In response for the crisis, financial institutions have lowered their foreign activities as, due to regulating restrictions, that they had to get smaller their balance sheets. While total worldwide assets of German banking institutions grew, typically, by 8% per year between 2002 and 2007, worldwide assets fallen by nearly 20% in 2008 by itself. These adjustments have taken place due to changing risk perceptions, changing rules, and modifications in our sensitivity towards financial frictions. The key question is whether this kind of withdrawal of banks from foreign marketplaces will be unsuccsefflull or if it signifies the beginning of a sustained length of financial disintegration, as was observed following your Great Depression.

From this paper, we study traditional bank internationalization just before and during the crisis from a bank-level perspective. Each of our data offer detailed information concerning the internationalization of German born banks. The " Exterior Position Reports” provided by the Deutsche Bundesbank contain incredibly detailed information about the international assets of German banks...

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