TY  - UNPD
A1  - Grote, Michael H.
T1  - Foreign banks’ attraction to the financial centre Frankfurt : a "u"-shaped relationship
T2  - Universität Frankfurt am Main. Fachbereich Wirtschaftswissenschaften: [Working paper series / Finance and accounting] Working paper series, Finance & Accounting ; No. 177
N2  - This paper traces the location of foreign banks in Germany from 1949 to 2006. As suggested by new economic geography models we find a ‘u’-shaped concentration of foreign banks in Germany. Only after a competition between several cities, Frankfurt has emerged as the pre-eminent financial centre, triggered by the ‘historical event’ of setting up the German central bank in Frankfurt. After a strong increase, Frankfurt’s share in the location of foreign banks in Germany decreases slowly but significantly since the mid 1980’s. We conclude that there will be a lesser role in Europe for secondtier financial centres in the future.
T3  - Working paper series / Johann-Wolfgang-Goethe-Universität Frankfurt am Main, Fachbereich Wirtschaftswissenschaften : Finance & Accounting - 177 
KW  - Internationale Bank
KW  - Standortwahl
KW  - Finanzplatz
KW  - Deutschland
KW  - Frankfurt (Main)
KW  - financial centres
KW  - ‘u’-shape
KW  - foreign banks
KW  - Frankfurt
Y1  - 2007
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/1136
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30-43645
PB  - Univ., Fachbereich Wirtschaftswiss.
CY  - Frankfurt am Main
ER  -