Showing 1 - 10 of 52
We examine the impact of bank competition and institutional factors on net firm entry in a sample of European … find that bank competition helps firm entry. In addition, better institutions - especially legal structure and property …
Persistent link: https://www.econbiz.de/10011128097
We examine the impact of bank competition and institutional factors on net firm entry in a sample of European … find that bank competition helps firm entry. In addition, better institutions - especially legal structure and property …
Persistent link: https://www.econbiz.de/10005069154
Competition is claimed to be beneficial in development projects promoting micro and small enterprise finance although … the overall program's success: a strategy of building up several competing banking units targeted at MSE lending or a …
Persistent link: https://www.econbiz.de/10005068666
market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending … interpretation of the evidence on competition is that there is an initial move by firms into niches to exploit local market power …
Persistent link: https://www.econbiz.de/10005068801
Excessive alcohol consumption among young people is a major public health concern. On March 1, 2010, the German state of Baden-Württemberg banned the sale of alcoholic beverages between 10pm and 5am at off-premise outlets (e.g., gas stations, kiosks, supermarkets). We use rich monthly...
Persistent link: https://www.econbiz.de/10011128861
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper examines the...
Persistent link: https://www.econbiz.de/10011128863
Policy-makers face a trade-off between the provision of higher levels of schooling and earlier labour market entries. A fundamental education reform in Germany tackles this trade-off by reducing high school by one year while leaving the total instructional time unchanged. Employing...
Persistent link: https://www.econbiz.de/10011185755
This paper uses data from a panel of more than 400 Italian banks for the period 2001 – 2012 to examine the main determinants of loan loss provision (LLP), which are classified as either discretionary (income smoothing, capital management,signalling) or non-discretionary (related to the...
Persistent link: https://www.econbiz.de/10011196045
This study is motivated by the development of credit-related instruments and signals of stock price movements of large … clustering. But very few studies dealing with credit default swaps account for the characteristics of the variances. Our aim is … known shortcomings of credit ratings, the demand for market-based indicators has risen as they can help to assess the …
Persistent link: https://www.econbiz.de/10008855329
the largest German market for peer-to-peer lending. Investors' utility is assumed to be a function of the projects …
Persistent link: https://www.econbiz.de/10009018188