Giacomo RomaniniMichigan State University | MSU · Department of Economics
Giacomo Romanini
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Introduction
Skills and Expertise
Publications
Publications (2)
How does the expansion of multinational banks influence the business cycle of host countries? We study an economy where multinational banks can transfer liquidity across borders through internal capital markets but are hindered in their allocation of liquidity by limited knowledge of local firms’ assets. We find that, following domestic banking sho...