Category Archives: culture

New Research Paper: The Resurgence of Cultural Borders during the Financial Crisis: The Changing Geography of Eurozone Cross-Border Depositing

This paper, jointly written with Stefanie Kleimeier and Sylvia Heuchemer, has just been published by the Journal of Financial Stability 24(2016) and can be dowloaded here (free access until June 23, 2016). The paper investigates the impact of cultural borders … Continue reading

Posted in culture, Euro crisis, financial crisis, financial stability, retail banking, Uncategorized | Tagged , , , ,

Cultural borders limit financial integration during financial crises times

In a recent working paper, co-authored with Stefanie Kleimeier and Sylvia Heuchemer, we provide new evidence on the “resurgence of cultural borders in international finance during the financial crisis”. We show that cultural differences across countries act as invisible borders … Continue reading

Posted in culture, Euro crisis, financial crisis, global banking, retail banking