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Geographical dynamics in the old and new economy : analysing the German merger and acquisitions market

Rodríguez-Pose, Andrés (contributor); … - 2004

Persistent link: https://www.econbiz.de/10002624343

Differential merger effects : the case of the personal computer industry

Genakos, Christos D. (contributor) - 2004

Persistent link: https://www.econbiz.de/10002886979

Organizing for Synergies

Garicano, Luis - London School of Economics and Political Science - 2010

Large companies are usually organized into business units, yet some activitiesare almost always centralized in a company-wide functional unit. We firstshow that organizations endogenously create an incentive conflict between functionalmanagers (who desire excessive standardization) and...

Persistent link: https://www.econbiz.de/10008860684

Contract Structure, Risk Sharing, and Investment Choice

Fischer, Greg - London School of Economics and Political Science - 2010

Few micronance-funded businesses grow beyond subsistence entrepreneur-ship. This paper considers one possible explanation: that the structure ofexisting micronance contracts may discourage risky but high-expected returninvestments. To explore this possibility, I develop a theory that unies...

Persistent link: https://www.econbiz.de/10008845708

Investment Choice and Inflation Uncertainty

Fischer, Greg - London School of Economics and Political Science - 2009

This paper investigates the relationship between inflation uncertainty and the investmentdecisions of small, microfinance-funded firms in the Dominican Republic. An extensive literature documents the array of opposing factors linking inflation uncertainty and investment;ultimately this...

Persistent link: https://www.econbiz.de/10008860680

Risk Heterogeneity and Credit Supply: Evidence from the Mortgage Market

Besley, Timothy; Meads, Neil; Surico, Paolo - London School of Economics and Political Science - 2010

This paper uses a unique data set on more than 600,000 mortgagecontracts to estimate a credit supply function which allows for risk-heterogeneity. Non-linearity is modeled using quantile regressions. Wepropose an instrumental variable approach in which changes in the taxtreatment of housing...

Persistent link: https://www.econbiz.de/10009248804

Banks’ Payments-Driven Revenues

Radecki, Lawrence J. - Federal Reserve Bank <New York, NY>; London School of … - 1999

bankingindustry. This goal is served by taking a broad view of thepayments business and analyzing information provided bylarge bank …

Persistent link: https://www.econbiz.de/10005870063

Supervisory Information and the Frequency of Bank Examinations

Hirtle, Beverly J.; López, José A. - Federal Reserve Bank <New York, NY>; London School of … - 1999

length of time between bank examinations affects thequality of information available to supervisors. For thesepurposes, we … condition of a bank. Our analysisassumes that examination information incorporates twotypes of data: information available from … information that can be obtained onlythrough on-site examinations, such as confidential informationabout a bank’s troubled assets …

Persistent link: https://www.econbiz.de/10005870064

Macro Markets and Financial Security

Athanasoulis, Stefano; Shiller, Robert J.; Van Wincoop, Eric - Yale University <New Haven, Conn.> / Department of Economics; … - 1999

[...]We address several questions in this paper. First,how could macro markets be useful to the average person?Second, how large are the potential benefits from diversificationif these markets were to be introduced andused optimally? Third, can existing financial marketsachieve a similar degree...

Persistent link: https://www.econbiz.de/10005870065

The Impact of Capital Requirements on U.K. Bank Behaviour

Ediz, Tolga; Michael, Ian; Perraudin, William - Bank of England <London>; London School of Economics … - 1998

[...]The most obvious possible, and undesirable,impact on bank behaviour of risk-weighted capital requirementsis that …

Persistent link: https://www.econbiz.de/10005870067