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because of their ability to be flexible and adapt quickly to a changing market, and to generate new jobs. SME sector is the …
Persistent link: https://www.econbiz.de/10011109872
This paper highlights the importance of the information efficiency in the banking sector as a way to ensure his correct operation as financial intermediary and the correct functioning of the economy in general. The problems of information in the banks distort their relation with the financing...
Persistent link: https://www.econbiz.de/10005621587
We analyze the relationship between bank size and risk-taking under the New Basel Capital Accord. Using a model with imperfect competition and moral hazard, we show that the introduction of an internal ratings based (IRB) approach improves upon flat capital requirements if the approach is...
Persistent link: https://www.econbiz.de/10005785838
This article presents a theoretical contribution to the field of overlapping-generations general equilibrium modelling, i.e. an upgrade of this branch of models with a pension system. Within the pension block we model both the first pension pillar, financed on a pay-as-you-go basis, and the...
Persistent link: https://www.econbiz.de/10005616809
We investigate and compare the spatial distribution of manufacturing activity and its determinants in Belgium, Ireland …, and Portugal using comparable, exhaustive micro-level data sets. We find some similarities between Portugal and Belgium …
Persistent link: https://www.econbiz.de/10005620012
other in Belgium between 1870 and 1930. In addition to the role that Belgian King Leopold II played in the territorial … Belgium being invested in markets outside Europe. Before World War I, the globalisation of Belgian business and Belgian …
Persistent link: https://www.econbiz.de/10005789432
The article presents an insight into the old age pension system in Belgium. The introduction is followed by four topic … employed by the Belgium’s pension system, in search for ideas worth consideration in international comparisons. In the summary …
Persistent link: https://www.econbiz.de/10008549601
performances of private, public and mixed enterprises in Belgium is compared through the use of factor analysis method. The …
Persistent link: https://www.econbiz.de/10008742979
Preface Over the last decade and a half the global economic order has been undergoing major changes. While this may be thought to reflect the results of a multilateral and participatory process involving debate and negotiations, in reality it has been mostly driven by the economic interests of...
Persistent link: https://www.econbiz.de/10011109162
This paper analyzes the behavior of FDI in South Asian countries using panel data for the period 1970-2004. We applied fixed effects model to identify the factors that determine FDI inflows. The analysis shows that GDP, trade openness, real exchange rate, labor force and health expenditures...
Persistent link: https://www.econbiz.de/10011110391