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Growing like Germany : local public debt, local banks, low private investment

Hoffmann, Mathias; Stewen, Iryna; Stiefel, Michael - 2021 - This version: December 2020, first version: August 2019

The paper uses a panel of more than 1m German firms over 2010-2016, to provide the first firm-bank level evidence of local crowding out for a developed economy characterized by low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany's banking...

Persistent link: https://www.econbiz.de/10013330594

Sind neue Ziele für den Länderfinanzausgleich erforderlich?

Geske, Otto-Erich - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 95 (2015) 11, pp. 766-772

In den letzten Jahren schien der Finanzausgleich unter den Ländern das wichtigste finanzpolitische Thema in der Bundesrepublik zu sein. Zu politischen Schlagzeilen gelangte der darüber geführte Streit durch die Klage Bayerns und Hessens vor dem Bundesverfassungsgericht ab März 2013. Dadurch...

Persistent link: https://www.econbiz.de/10011389650

Sparkassen revisited : the resiliency of German savings banks between globalization and crises

Schwan, Michael; Cassell, Mark K. - In: IBF paper series (2022) 1, pp. 1-14

Despite changes in production networks, welfare state institutions or global finance, Germany's growth model still rests on its unique three-pillar banking system with its strong position of public and cooperative banks. This chapter takes a close look at German savings banks and reassesses the...

Persistent link: https://www.econbiz.de/10013179334

Competition and market strategies in the Swiss fixed telephony market

Balmer, Roberto E. - 2015

at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …

Persistent link: https://www.econbiz.de/10011433008

The impact of network competition in the mobile industry

Houpis, George; Rodriguez, Jose Maria; Ovington, Thomas; … - 2014

In 2000, there were as many countries served by a single mobile network as by network competition. Today, only 30 … low coverage, inefficient duplication of costs and lack of competition. To date, the authors are not aware of such single … light on the expected performance of single wholesale networks. The key result is that countries with network competition …

Persistent link: https://www.econbiz.de/10011445481

The impact of RAN sharing

Ivaldi, Marc; Aimene, Louise; Jeanjean, Francois; … - 2021

In this paper, we formulate and estimate a structural model of demand to analyse the equilibrium effect of the RAN sharing by using cross-country panel data in 28 EU countries in years 2010-2020. Based on model estimates, our simulation analysis in Spain firstly provides a quantitative...

Persistent link: https://www.econbiz.de/10012804946