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Assessing the Efficacy of Gaming in Economics Education

Potters, Jan; Gremmen, H.J.F.M. - Tilburg University, Center for Economic Research - 1996

Persistent link: https://www.econbiz.de/10011092047

Regional Inflation, Financial Integration and Dollarization (This is a revision of CentER DP 2013-073)

de Haas, R.; Brown, M.; Sokolov, V. - Tilburg University, Center for Economic Research - 2015

We exploit variation in consumer price inflation across 71 Russian regions to examine the relationship between the perceived stability of the domestic currency and financial dollarization. Our results show that regions with higher inflation experience an increase in the dollarization of...

Persistent link: https://www.econbiz.de/10011199227

Cross-Border Exposures and Financial Contagion

Degryse, Hans; Penas, María Fabiana; Elahi, M.A. - Tilburg University, Center for Economic Research - 2009

Integrated financial markets provide opportunities for expansion and improved risk sharing, but also pose threats of contagion risk through cross-border exposures. This paper examines cross-border contagion risk over the period 1999-2006. To that purpose we use aggregate cross-border exposures...

Persistent link: https://www.econbiz.de/10011090344

Financial integration in Europe : Evidence from Euler equation tests

Eijffinger, Sylvester; Lemmen, J.J.G. - Tilburg University, Center for Economic Research - 1995

This paper applies Obstfeld's Euler equation tests to assess the degree of financial integration in the European Union. In addition, we design a new Euler equation test which is intimately related to Obstfeld's Euler equation tests. Using data from the latest Penn World Table (Mark 6), we arrive...

Persistent link: https://www.econbiz.de/10011091027

The fundamental determinants of financial integration in the European Union

Eijffinger, Sylvester; Lemmen, J.J.G. - Tilburg University, Center for Economic Research - 1995

This paper focuses on the fundamental determinants of the degree of financial integration in the European Union over the period 1973-1993. Using closed interest differentials to measure the intensity of capital controls and applying a panel data approach, we find realized inflation rates,...

Persistent link: https://www.econbiz.de/10011091160

Regional Inflation and Financial Dollarization

Brown, M.; de Haas, R.; Sokolov, V. - Tilburg University, Center for Economic Research - 2013

Abstract: We exploit variation in consumer price inflation across 71 Russian regions to examine the relationship between the perceived stability of the local currency and financial dollarization. Our results show that regions with higher inflation experience an increase in the dollarization of...

Persistent link: https://www.econbiz.de/10011092469

Determinants of Banking System Fragility : A Regional Perspective

Degryse, Hans; Penas, María Fabiana; Elahi, M.A. - Tilburg University, Center for Economic Research - 2012

Abstract: Banking systems are fragile not only within one country but also within and across regions. We study the role of regional banking system characteristics for regional banking system fragility. We find that regional banking system fragility reduces when banks in the region jointly hold...

Persistent link: https://www.econbiz.de/10011092510

Beyond Penrose : A Cognitive Theory of the Firm

Nooteboom, B. - Tilburg University, Center for Economic Research - 2006

This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation.Here, cognition … collaboration between firms, for learning and innovation, in the combination of capabilities between rather than within the firm …

Persistent link: https://www.econbiz.de/10011090370

Competition and Innovation : Pushing Productivity Up or Down?

Brouwer, Erik; van der Wiel, H.P. - Tilburg University, Center for Economic Research - 2010

This paper examines the relationship between competition, innovation and productivity for the Netherlands. We use … innovation data from Community Innovation Survey with accounting data to link innovative activities with performance at the … through more innovation. Nonetheless, there exists an inverted U- curve between competition and innovation for the Netherlands …

Persistent link: https://www.econbiz.de/10011090737

The Financing of Innovation : Learning and Stopping

Bergemann, D.; Hege, U. - Tilburg University, Center for Economic Research - 2001

This paper considers the financing of a research project under uncertainty about the time of completion and the probability of eventual success.The uncertainty about future success gradually diminishes with the arrival of additional funding.The entrepreneur controls the funds and can divert...

Persistent link: https://www.econbiz.de/10011090781