Showing 1 - 4 of 4
This paper describes how we constructed a real-time database for the euro area covering more than 200 series regularly … before their first meeting of the month. We describe the database in details and study the properties of the euro area real …
Persistent link: https://www.econbiz.de/10008468678
This paper provides a documentation of the ifo Prussian Economic History Database (iPEHD), a county-level database …
Persistent link: https://www.econbiz.de/10011083606
The renegotiation of regulatory contracts is known to prevent regulators from achieving the full commitment efficient outcome in dynamic contexts. However, assessing the cost of such renegotiation remains an open issue from an empirical viewpoint. To address this question, we fit a structural...
Persistent link: https://www.econbiz.de/10008684689
lenders, which may make lending altogether unprofitable. Second, banks can have an incentive to offer a debt contract and … additional equity contracts to intermediate debtors, which is in turn dominated by a simple debt contract, only attractive for … seek to avoid the contract with the highest chance of delivery: that contract attracts all bad entrepreneurs. …
Persistent link: https://www.econbiz.de/10005661861