Ricerc@Sapienza

This research project aims at providing answers to these two questions by focusing on two examples in point. First, how do different bank business models impact the development of local areas? Second, how does bank internationalization affect systemic risk? Providing evidence on these two questions requires access to a large number of high quality data on banks¿ balance sheets and income statements together with local economic indicators. While the latter are easily available for European countries, financial institutions data are not freely available for banks in the European Union. Driven by these concerns in data availability, I choose to focus my project on the USA.