Showing 1 - 10 of 33
This paper presents the novel results from an internationally coordinated project by the International Banking Research Network (IBRN) on the cross-border transmission of conventional and unconventional monetary policy through banks. Teams from seventeen countries use confidential micro-banking...
Persistent link: https://www.econbiz.de/10011877813
Denmark, Germany, Italy and the United Kingdom, which represent four distinct ?institutional regimes?, we estimate the short …
Persistent link: https://www.econbiz.de/10010260912
We analyze the distribution and taxation of top incomes in Germany during the 1990s on the basis of individual tax … findings are as follows: (i) incomes are highly concentrated in Germany, more than commonly thought; (ii) the German economic … concentrated in Germany, more than commonly thought; (iv) although effective tax rates are significantly lower than statutory ones …
Persistent link: https://www.econbiz.de/10003300942
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
In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries …
Persistent link: https://www.econbiz.de/10009375256
Bank distress can have severe negative consequences for the stability of the financial system, the real economy, and public finances. Regimes for restructuring and restoring banks financed by bank levies and fiscal backstops seek to reduce these costs. Bank levies attempt to internalize systemic...
Persistent link: https://www.econbiz.de/10010257339
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
security contributions to people with low-earnings jobs) introduced in Germany in April 2003. The analysis is based on a …
Persistent link: https://www.econbiz.de/10010324225
marginal employment range between -.4 (number of male workers in west Germany) to -1 (working hours for women). We illustrate …? social security contributions (SSC) on marginal employment in Germany. …
Persistent link: https://www.econbiz.de/10010324232