Changes in Japan's domestic economy and the emergence of stronger trade and investment links between Japan and the world economy have created substantial pressures for her banks and other financial institutions to expand overseas. The following article examines trends in Japanese international...

Since the mid-sixties the expansion of the overseas banking system of American banks accelerated. New impulses will be generated by the “petroldollars” of the oil producing countries which will most likely be handled by the overseas branches.

In this paper we use a reform in the applicability of the Protection Against Dismissal Act or Kündigungsschutzgesetz in Germany to identify employment effects of the legislation for small establishments. Using a panel of establishments for the period 1997-2001, we find some evidence that a...

Utilizing a new survey of employers, this paper examines how and why establishments differ in their willingness to permit an older full-time white-collar worker to take phased retirement. Phased retirement means that an older worker remains with his or her employer while gradually reducing work...

Im vorliegenden Beitrag werden wesentlichen Merkmale eines Too Big To Fail (TBTF) Regimes diskutiert. Hierunter wird ein politisches Umfeld verstanden, in dem grosse, systemrelevante Finanzinstitute durch staatliche Massnahmen vor der Insolvenz gerettet werden. Das TBTF Regime rechtfertigt sich...