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A network analysis of the evolution of the German interbank market

Roukny, Tarik; Georg, Co-Pierre; Battiston, Stefano - Deutsche Bundesbank - 2014

In this paper, we report a descriptive investigation of the structural evolution of two of the most important over-the-counter markets for liquidity in Germany: the interbank market for credit and for derivatives. We use end-of-quarter data from the German large credit register between 2002 and...

Persistent link: https://www.econbiz.de/10010957124

Banking consolidation and small businessfinance: empirical evidence for Germany

Marsch, Katharina; Schmieder, Christian; Forster-van … - Deutsche Bundesbank - 2007

on bank credit and as they represent the vast majority of the corporate sector reduced credit availability for those …-sized enterprises (SME). We measure the financing opportunities of SMEs based on the bank debt/assets ratio and the logarithmized credit … size and control both explicitly for bank mergers and for the increase in the average bank size in the course of the …

Persistent link: https://www.econbiz.de/10005082782

Exports versus FDI revisited: does finance matter?

Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - Deutsche Bundesbank - 2010

The crisis on international financial markets that started in 2007 has shown the potential links between the financial sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack of demand, but also because of restricted access of...

Persistent link: https://www.econbiz.de/10008518267

Financial constraints and the margins of FDI

Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - Deutsche Bundesbank - 2009

Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross-border expansion of firms. But firms may also need external finance to shoulder the costs of entering foreign markets. We develop a model of multinational firms facing real and...

Persistent link: https://www.econbiz.de/10008533500