6533b86cfe1ef96bd12c8b59
RESEARCH PRODUCT
German bank lending to industrial and non-industrial countries: driven by fundamentals or different treatment?
Thorsten Nestmannsubject
GermanGravity model of tradelanguageEconomicsGerman bank lendinggravity modelsOaxaca decomposition analysisMinor (academic)International economicsMonetary economicsjel:F30language.human_languagejel:G21jel:F34description
This paper shows that the substantial disparity in German bank lending towards industrial (IC) and non-industrial (Non-IC) countries is largely explained by differences in countries' endowments and only to a minor extent by German banks' different treatment of these country groups. This is demonstrated by applying a decomposition technique to an augmented gravity model that is estimated for German foreign lending using a new micro panel data-set on individual claims from the Deutsche Bundesbank covering the period from 1996 to 2002.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2005-01-01 |