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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

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

The growth in military expenditure in Germany 1951 - 2011: did parties matter?

Kauder, Björn; Potrafke, Niklas - 2015

We examine whether government ideology was correlated with the growth in military expenditure in Germany over the …

Persistent link: https://www.econbiz.de/10010515371

Outside earnings, absence, and activity : evidence from German parliamentarians

Arnold, Felix; Kauder, Björn; Potrafke, Niklas - 2014

We examine moonlighting by politicians in Germany. In July 2007, the German Supreme Court adjudicated that members of … contributions, interpellations, and group initiatives. We propose that the results for Germany do not corroborate evidence on other …

Persistent link: https://www.econbiz.de/10010383227

Electoral cycles in MPs' salaries : evidence from the German States

Kauder, Björn; Krause, Manuela; Potrafke, Niklas - 2016

Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay deciding on increases in salaries until after elections....

Persistent link: https://www.econbiz.de/10011517956

Manipulating fiscal forecasts : evidence from the German States

Kauder, Björn; Potrafke, Niklas; Schinke, Christoph - 2017

We examine whether German state governments manipulated fiscal forecasts before elections. Our data set includes three fiscal measures over the period 1980-2014. The results do not show that electoral motives influenced fiscal forecasts in West German states. By contrast, East German state...

Persistent link: https://www.econbiz.de/10011597259

Do parties punish MPs for voting against the party line?

Kauder, Björn; Potrafke, Niklas; Riem, Marina - 2017

We examine whether parties punish politicians who vote against the party line in roll-call votes. Using data of German members of parliament over the legislative period 2009-2013, we take into account that the effect of punishment differs along the list of candidates because a candidate is...

Persistent link: https://www.econbiz.de/10011659465

Unit Labor Cost Growth Differentials in the Euro Area, Germany, and the US: Lessons from PANIC and Cluster Analysis

Fritsche, Ulrich; Kuzin, Vladimir N. - 2007

Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...

Persistent link: https://www.econbiz.de/10010260899

Asymmetric monetary policy effects in Germany

Tober, Silke; Kuzin, Vladimir N. - 2004

In a small structural model we find asymmetries in the effects of monetary policy in Germany depending on whether the …

Persistent link: https://www.econbiz.de/10010274488

Declining Output Volatility in Germany : Impulses, Propagation, and the Role of Monetary Policy

Fritsche, Ulrich; Kuzin, Vladimir N. - 2004

We analyse the decline in output volatility in Germany. A lower level of variance in an autoregressive model of output … error term variance (reduced impulses). In Germany the decline output volatility is due to a decline in the persistence of … sudden break. The evolution of Germany's short-term real interest rate volatility coincides with the change of the …

Persistent link: https://www.econbiz.de/10010274489