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Competition and regulation in European retail payment systems

Kemppainen, Kari - EconWPA - 2004

innovation and investment. In this respect, it is important that they do not take too restrictive an attitude towards cooperation …

Persistent link: https://www.econbiz.de/10005413262

Financial Crises and the Presence of Foreign Banks

Tschoegl, Adrian E. - EconWPA - 2004

The paper distinguishes between the classic or traditional foreign banks with their emphasis on corporate and wholesale banking, and the innovators responding to transition, deregulation or crisis in emerging markets. The innovators come in three varieties—bettors, prospectors and...

Persistent link: https://www.econbiz.de/10005556647

The Dynamics of Returns to Education in Kenyan and Tanzanian Manufacturing

Söderbom, Måns; Teal, Francis; Wambugu, Anthony; … - EconWPA - 2004

this paper we use data from Kenya and Tanzania to estimate returns to education for manufacturing workers and examine how … convexity amongst the young. We also find evidence of increasing convexity over the 1990s in Tanzania, but remarkable stability …

Persistent link: https://www.econbiz.de/10005118714

Stochastic Dominance Portfolio Analysis of Forestry Assets

Heikkinen, V.-P.; Kuosmanen, Timo - EconWPA - 2002

general Stochastic Dominance (SD) criteria, focusing on the recent theoretical advances in analyzing portfolio diversification …

Persistent link: https://www.econbiz.de/10005134874

International Portfolio Investment: Theory, Evidence, and Institutional Framework

Bartram, Sohnke M.; Dufey, Gunter - EconWPA - 2001

other countries, hedge their consumption basket against ex-change rate risk, realize diversification effects and take …

Persistent link: https://www.econbiz.de/10005134901

Determinants of Agricultural and Non-Agricultural Livelihood Strategies in Rural Communities: Evidence from Eastern Nigeria

Adi, A. Bongo - EconWPA - 2005

the determinants of livelihood diversification away from agriculture as well as the manner in which different agro …-ecological determinants affect such diversification. The probability of participating in non-agricultural activities was estimated in an …-climactic variables were found to determine the nature of diversification. Against the backdrop of the recent deagrarianisation thesis …

Persistent link: https://www.econbiz.de/10005135001

Intercity Trade and the Industrial Diversification of Cities

Anas, Alex; Xiong, Kai - EconWPA - 2003

The industrial diversification of cities is explained without imposing linkages among industries. In each of two city … diversification. …

Persistent link: https://www.econbiz.de/10005062501

Managing biodiversity correctly - Efficient portfolio management as an effective way of protecting species

Figge, Frank - EconWPA - 2004

Loss of biodiversity is regarded as one of the key problems affecting the environment. In order to demonstrate the significance of biodiversity, the value of individual species or ecosystems today is generally determined in science and practice. The underlying thought is that a species or...

Persistent link: https://www.econbiz.de/10005407798

Were the Acquisitive Conglomerates Inefficient?

Klein, Peter G. - EconWPA - 1997

, favoring an agency explanation for unrelated diversification. In the 1960s, however, conglomerates were not valued at a … discount. Evidence from acquisition histories suggests that conglomerate diversification may have added value by creating …

Persistent link: https://www.econbiz.de/10005412958

Risk in Financial Conglomerates: Management and Supervision

Lelyveld, Iman van; Schilder, Arnold - EconWPA - 2003

Financial conglomerates, combining banking, securities trading, and insurance, have become an important part of the financial landscape in many countries. Cross-sector consolidation has been fostered by trends such as disintermediation, globalization, and deregulation creating new challenges for...

Persistent link: https://www.econbiz.de/10005413195