Narrow search
Showing 1 - 10 of 66
Cover Image
Modelling bank asset quality and profitability: An empirical assessment
Swamy, Vighneswara - Institut für Weltwirtschaft (IfW) - 2015
The determinants of default risk of banks in emerging economies have so far received inadequate attention in the … the economy. Public sector banks have shown significant performance in containing bad debts. Private banks have continued … banks, apart from other accepted determinants of profitability, asset size has no significant impact on profitability. …
Persistent link: https://www.econbiz.de/10011263002
Cover Image
Access to Finance and Exporting Behavior in Transition Countries
Bernard, Alex; Stabilito, Augusto; Yoo, Julien Donghoon - Institut für Weltwirtschaft (IfW) - 2010
We analyze the link between firms’ access to finance and their decisions to enter and exit the export market. We employ the Business Environment and Enterprise Performance Survey (BEEPS) conducted in 2005 and 2008-2009 to 28 countries in Eastern Europe and Central Asia. We find that more...
Persistent link: https://www.econbiz.de/10010886834
Cover Image
External factors affecting investment decisions of companies
Bialowolski, Piotr; Weziak-Bialowolska, Dorota - Institut für Weltwirtschaft (IfW) - 2013
In this paper we attempt to investigate the importance of certain external factors on the investment decision among Polish companies. With the use of data from the tailored made Survey on Receivables we examine factors influencing investment decisions of companies in Poland, assess the relation...
Persistent link: https://www.econbiz.de/10010956060
Cover Image
Multinational versus national firms on capital adjustment costs: A structural approach
Lapatinas, Athanasios - Institut für Weltwirtschaft (IfW) - 2015
This paper provides a different perspective on the firm-level empirical analysis of the relation between foreign ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a sample of 4672 Belgian firms observed between 2003 and...
Persistent link: https://www.econbiz.de/10011263001
Cover Image
Modeling the Effects of Financial Constraints on Firm´s Investment
Tomat, Gian Maria - Institut für Weltwirtschaft (IfW) - 2007
The paper develops a model of firm´s investment under uncertainty with financial market imperfections and analyzes the effects of financial constraints on firm´s investment. Firm´s investment is an increasing function of the firm´s marginal q, however the investment function is characterized...
Persistent link: https://www.econbiz.de/10005083386
Cover Image
A tale of two debt crises: a stochastic optimal control analysis
Stein, Jerome L. - Institut für Weltwirtschaft (IfW) - 2009
Banks should evaluate whether a borrower is likely to default. The author applies several techniques in the extensive …
Persistent link: https://www.econbiz.de/10008561122
Cover Image
Social influences towards conformism in economic experiments
Hargreaves Heap, Shaun P. - Institut für Weltwirtschaft (IfW) - 2014
This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...
Persistent link: https://www.econbiz.de/10010956027
Cover Image
Regulating gasoline retail markets: The case of Germany
Wittmann, Nadine - Institut für Weltwirtschaft (IfW) - 2014
In 2011, price peaks in retail gasoline prices caused public outrage and attracted the attention of German regulatory agencies. After having examined the market, competition authorities concluded that tacit collusion existed but could not easily be prosecuted under the given competition law. In...
Persistent link: https://www.econbiz.de/10010956051
Cover Image
Incentives in supply function equilibrium
Vetter, Henrik - Institut für Weltwirtschaft (IfW) - 2014
The author analyses delegation in homogenous duopoly under the assumption that the firm-managers compete in supply functions. In supply function equilibrium, managers' decisions are strategic complements. This reverses earlier findings in that the author finds that owners give managers...
Persistent link: https://www.econbiz.de/10010956081
Cover Image
Environmental regulation of a global pollution externality in a bilateral trade framework: The case of global warming, China and the US
Gwatipedza, Johnson; Barbier, Edward B. - Institut für Weltwirtschaft (IfW) - 2013
Bilateral trade and capital flows have increased substantially between the United States and China yielding economic gains to both countries. However, these beneficial bilateral relations also bring about global environmental consequences including greenhouse gas emissions. We develop a...
Persistent link: https://www.econbiz.de/10010956084