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Domestic Banks as Lightning Rods? Home Bias and Information During the Eurozone Crisis
Saka, Orkun - 2019
, which may have intensified the diabolic loop between sovereign and bank credit risks. By using a novel bank-level dataset …
Persistent link: https://www.econbiz.de/10012859050
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Efficiency of European Universities : A Comparison of Peers
Herberholz, Lars - 2020
efficiency of 450 European universities between 2011 and 2014. The novelty of our approach lies in its extended coverage of …. Exploring potential efficiency drivers, we uncover considerable effect heterogeneity between subject clusters, which is … seek external funding are largely identified to be primary efficiency drivers …
Persistent link: https://www.econbiz.de/10012842974
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Assessing EU Merger Control Through Compensating Efficiencies
Affeldt, Pauline; Duso, Tomaso; Gugler, Klaus Peter; … - 2021
Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...
Persistent link: https://www.econbiz.de/10013314675
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Efficient Level of Seps Licensing
Langus, Gregor; Lipatov, Vilen - 2022
We study the question whether a holder of standard essential patents (SEPs) should be allowed to choose the level in the value chain at which to offer a FRAND license to its SEPs. We give a pos-itive answer to this question for two reasons. First, the SEP holder and the social planner tend to...
Persistent link: https://www.econbiz.de/10013300871
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Fiscal Sustainability in the EU after the Global Crisis : Is There Any Progress?
Wysocki, Maciej - 2018
interesting case of a member state that without significant market pressure (the only EU country without recession during the … crisis) actively promoted several changes in the EU fiscal framework (e.g. 6-pack) and effectively internalized some of these … 2014 Q1. The case of Poland seems to suggest that the post-crisis EU fiscal measures can be effectively used to increase …
Persistent link: https://www.econbiz.de/10012908672
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Central Bank Policies and Financial Markets : Lessons from the Euro Crisis
Mody, Ashoka - 2019
The European Central Bank (ECB) took many measures to combat the eurozone’s rolling financial crisis. For providing …
Persistent link: https://www.econbiz.de/10012892183
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Revisions of Potential Output Estimates in the EU after the Great Recession
Dovern, Jonas - 2019
Using European Commission real-time data, we show that potential output (PO) estimates were substantially and persistently revised downwards after the Great Recession. We decompose PO revisions into revisions of the capital stock, trend labor, and trend total-factor productivity (TFP)....
Persistent link: https://www.econbiz.de/10012866365
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Collective Memories on the 2010 European Debt Crisis
Arnemann, Laura; Konrad, Kai A.; Potrafke, Niklas - 2021
We examine whether collective memories on the aid&reform programs chosen to handle the 2010 European debt crisis differ between citizens from borrower and lender countries. We use new international survey data for non-experts and experts in member countries of the euro area. The results show...
Persistent link: https://www.econbiz.de/10013250727
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Energy Contagion in the COVID-19 Crisis
Heinlein, Reinhold - 2020
We investigate the relationship between oil prices and stock markets of selected oil importers and oil exporters at the time of the COVID-19 pandemic. We provide evidence in favour of energy contagion, in term of significantly higher correlations between oil and stock markets returns during...
Persistent link: https://www.econbiz.de/10012831660
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Taxation Systems in the EU : The Role of Economic Integration and Global Financial Crisis
Erol, Kazim Okan - 2021
This study aims to scrutinize the change of public revenue systems of the EU-15 between 1980 and 2016. The share of … consumption taxes in total tax revenues increases and this process have triggered higher tax burden on labor in most of the EU …
Persistent link: https://www.econbiz.de/10013314956