different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is … then measured in this risk-return space. Mean risk-return efficiency is somewhat higher than cost and considerably higher …

macroeconometric model of the Bundesbank for Germany. Forecast intervals that integrate judgement on risk and uncertainty are obtained. …This paper discusses methods to quantify risk and uncertainty in macroeconomic forecasts. Both, parametric and non …

risk, and market power. Analyzing this link is the purpose of this paper. We jointly estimate the determinants of risk and … negative feedback effect between risk and market power. Second, banks with higher shares of foreign assets, in particular those … countries tends to increase bank risk. Fourth, the impact of internationalization differs across banks from different banking …

-financial corporations in Germany during the recent financial crisis. We use a panel approach based on a unique data set which matches the …

Real residential investment in Germany is found to be cointegrated with population, real national income per capita and …

exchange rate pass-through and pricing-to-market for export pricing in Germany to shift since the 1990s is addressed by testing …

shifts in the importance of cost passthrough and pricing-to-market for import pricing in Germany that may have ocurred since …

decision to cooperate with foreign partners. Some differences remain, however: In Germany, exporters are more likely to …