Narrow search
Showing 1 - 10 of 118
Cover Image
Bank heterogeneity and monetary policy transmission
Brissimis, Sophocles N.; Delēs, Manthos D. - 2010
Heterogeneity in the response of banks to a change in monetary policy is an important element in the transmission of this policy through banks. This paper examines the role of bank liquidity, capitalization and market power as internal factors influencing banks' reaction in terms of lending and...
Persistent link: https://www.econbiz.de/10008657136
Cover Image
The euro, the Gold Standard, and German power : a cautionary tale and the lessons of history
Crawford, Beverly; Rezai, Armon - 2017
Pundits around the world have criticized Germany for either trying to reshape Europe in its image or acting in its own self-interest. Germany has been accused of creating a new "empire," of pursuing a new Sonderweg, of "going global alone," of evasiveness, self-imposed isolation, and bullying....
Persistent link: https://www.econbiz.de/10012501528
Cover Image
Non-base wage components as a source of wage adaptability to shocks : evidence from European firms, 2010-2013
Babeckij, Jan; Berson, Clémence; Fadejeva, Ludmila; … - 2018
This paper provides evidence on the role of non-base wage components as a channel for firms to adjust labour costs in the event of adverse shocks. It uses data from a firm-level survey for 25 European countries that covers the period 2010-2013. We find that firms subject to nominal wage...
Persistent link: https://www.econbiz.de/10011864135
Cover Image
Ranking, risk-taking and effort: an analysis of the ECB's foreign reserves management
Scalia, Antonio; Sahel, Benjamin - 2011
The investment of the ECB reserves in US dollars and yen, delegated to a network of portfolio managers in the … existence of risk-shifting behaviour by reserve managers related to their year-to-date ranking: interim losers increase relative … risk in the second half of the year, in the same way as mutual fund managers. In the dollar case, risk-shifting is …
Persistent link: https://www.econbiz.de/10009380425
Cover Image
Organisational determinants of training
Russo, Giovanni - 2022
Organisations centring their operations around human resources, in which skills are instrumental to the attainment of organisational goals, should create a climate to incentivise performance: the returns on any training depend on employee performance. To elicit such performance, organisations...
Persistent link: https://www.econbiz.de/10013199348
Cover Image
Carbon emissions and the cost of debt financing : what role for policy commitment, firm disclosure and corporate governance?
Palea, Vera; Drogo, Federico - 2020 - This version 6 February 2020
Persistent link: https://www.econbiz.de/10012386925
Cover Image
Venture capital and growth of young high-tech firms in the EU : a systematic review of the empirical evidence
Pantea, Smaranda; Tkacik, Marcel - 2021
This study contributes to the debate on VC-related policies that aim to support the growth of young high-tech firms in the EU. The study provides a systematic review of the results of 22 firm-level studies that estimate causal effects of VC using counterfactual impact evaluation methods and data...
Persistent link: https://www.econbiz.de/10014533546
Cover Image
How does competition affect efficiency and soundness in banking? : new empirical evidence
Schaeck, Klaus (contributor); Čihák, Martin (contributor) - 2008
A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization based approach to large data sets for European and U.S. banks, we offer new empirical evidence that efficiency plays a key role in the transmission from competition to soundness....
Persistent link: https://www.econbiz.de/10003789457
Cover Image
Inter-industry wage differentials in EU countries : what do cross-country time varying data add to the picture?
Du Caju, Philip; Kátay, Gábor; Lamo, Ana - 2010
This paper documents the existence and main patterns of inter-industry wage differentials across a large number of industries for 8 EU countries (Belgium, Germany, Greece, Hungary, Ireland, Italy, Netherlands, and Spain) at two points in time (in general 1995 and 2002) and explores possible...
Persistent link: https://www.econbiz.de/10003972857
Cover Image
Determinants of firms' efficiency: do innovations and finance constraints matter? : the case of European SMEs
Bonanno, Graziella; Ferrando, Annalisa; Rossi, Stefania - 2020
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation activities. We enrich our understanding on firms' performance by adopting the stochastic frontier approach (SFA), which allows us to estimate profit functions and to obtain...
Persistent link: https://www.econbiz.de/10012241105