In contrast to earlier field studies, we survey German public savings banks on their management of capital. We find … that the most important determinants of the savings banks? target capital ratio are risk aversion, the desired credit … growth and profitability. Savings banks prefer to manage the level of capital rather than the level of riskweighted assets in …

important supplementary mechanism to protect innovations in knowledgeintensive services. …

?98. Results for a system of interrelated factor demands indicate that training complements ICT but not other capital goods. SYS …?GMM estimates of production functions reveal that ICT capital is most productive if complemented by training measures in skill …

Using panel data for German and Dutch firms from the services sector, this paper analyses the importance of ICT capital … complementary. The results show that the contribution of ICT capital deepening is raised when firms combine ICT use and …