Showing 1 - 10 of 192
This paper examines external adjustment in the U.S., Japan and Germany from the perspective of net foreign asset …
Persistent link: https://www.econbiz.de/10014396281
This Technical Note focuses on banking sector structure in Germany. Germany’s banking system comprises three “pillars … describes the evolution of Germany’s three-pillar banking system. It analyzes capitalization, credit and the intermediation of … savings, and bank profitability and efficiency. It also examines the benefits of public involvement and governance in the …
Persistent link: https://www.econbiz.de/10014397092
This note summarizes the stress tests undertaken for the German banking system as part of the Financial Sector Assessment Program (FSAP) update. Solvency tests for the German banking system assessed medium-term vulnerabilities under two adverse macroeconomic scenarios. The tests considered a...
Persistent link: https://www.econbiz.de/10014397123
Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than American exporters, who tend to price to domestic...
Persistent link: https://www.econbiz.de/10014395791
This paper compares the effective rates of taxation faced by a representative investor located in a major capital-exporting country for investments in machinery and buildings in nine capital-importing European countries. Poland and Hungary are found to have relatively high effective tax rates on...
Persistent link: https://www.econbiz.de/10014395865
Persistent link: https://www.econbiz.de/10001506705
Persistent link: https://www.econbiz.de/10000577012
indices of housing prices started falling, mortgage defaults rose sharply, and bank losses mounted. Policymakers have …
Persistent link: https://www.econbiz.de/10014402449
This paper discusses the estimation of models of the term structure of interest rates. After reviewing the term structure models, specifically the Nelson-Siegel Model and Affine Term- Structure Model, this paper estimates the terms structure of Treasury bond yields for the United States with...
Persistent link: https://www.econbiz.de/10014402641