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European market integration for gas? : volume flexibility and political risk
Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar - 2000
, Dutch and Russian gas export prices to Germany in 1990-1998 are examined. Cointegration tests show that the different border … prices for gas to Germany move proportionally over time, indicating an integrated gas market (the Law of One Price holds). We …
Persistent link: https://www.econbiz.de/10009781639
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Is it all oil?
Asche, Frank (contributor); Osmundsen, Petter (contributor);  … - 2005
After opening up of the Interconnector, the liberalized UK natural gas market and the regulated Continental gas markets became physically integrated. The oil-linked Continental gas price became dominant, due to both the large volume of the Continental market and to the fact that the significant...
Persistent link: https://www.econbiz.de/10002578053
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Margins of international banking : is there a productivity Pecking order in banking, too?
Buch, Claudia M.; Koch, Cathérine Tahmee; Kötter, Michael - 2009
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
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Do better capitalized banks lend less? : long-run panel evidence from Germany
Buch, Claudia M.; Prieto, Esteban - 2012
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
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The institutional context of an empirical law: the wage curve under different regimes of collective bargaining
Blien, Uwe; Dauth, Wolfgang; Schank, Thorsten; … - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2009
-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different …
Persistent link: https://www.econbiz.de/10008615504
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Trade union membership in Eastern and Western Germany: convergence or divergence?
Schnabel, Claus; Wagner, Joachim - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2003
unionization has become more and more similar in eastern and western Germany in the period 1992 to 2000. The originally high level … of union density in eastern Germany has dropped below that of western Germany, and union membership has been falling … individuals probability of union membership have converged over time between western and eastern Germany. After an assimilation …
Persistent link: https://www.econbiz.de/10008615510