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The interrelationship between financial constraints and firm activity is a hotly debated issue. The way firms cope with financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of growth and development. The CBI Industrial Trends Survey contains...
Persistent link: https://www.econbiz.de/10012991336
Gewerkschaft / Deutschland, Gewerkschaftsmitglied, Globalisierung - German unions, union membership, globalization …
Persistent link: https://www.econbiz.de/10003317786
Using OLS and quantile regression methods and rich cross-section data sets for western and eastern Germany, this paper …
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provides the first empirical analysis of trade union never-membership in Germany. We show that between 54 and 59 percent of all … employees in Germany have never been members of a trade union. Individuals' probability of never-membership is significantly …
Persistent link: https://www.econbiz.de/10003318007
Modern trade theory emphasizes firm-level productivity differentials to explain the cross-border activities of non-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel dataset that contains all German banks'...
Persistent link: https://www.econbiz.de/10003923511
Insufficient capital buffers of banks have been identified as one main cause for the large systemic effects of the recent financial crisis. Although higher capital is no panacea, it yet features prominently in proposals for regulatory reform. But how do increased capital requirements affect...
Persistent link: https://www.econbiz.de/10009570042
Using a large administrative dataset for Germany, this paper compares employment developments in exiting and surviving … establishments. For both West and East Germany we find a clear "shadow of death" effect reflecting lingering illness: establishments … are more clearly visible in West than in East Germany. Our results also hold when applying a matching approach. -- firm …
Persistent link: https://www.econbiz.de/10009686876