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Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks' cross-border activities and provides empirical evidence. Our...
Persistent link: https://www.econbiz.de/10010260448
bank lending. We are using a dataset on assets and liabilities of commercial banks from five countries (France, Germany …
Persistent link: https://www.econbiz.de/10010260464
Denmark, Germany, Italy and the United Kingdom, which represent four distinct ?institutional regimes?, we estimate the short …
Persistent link: https://www.econbiz.de/10010260912
-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …
Persistent link: https://www.econbiz.de/10010285355
structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …
Persistent link: https://www.econbiz.de/10010260526
This paper provides empirical evidence on the determinants of foreign activities of German banks. We use regionally disaggregated panel data for the years 1981?98 and distinguish foreign direct investment from total foreign assets of domestic banks, of their foreign branches and their...
Persistent link: https://www.econbiz.de/10010260539
fact that universal banking in Germany creates implicit barriers to entry. Yet, regulatory and informational differences …
Persistent link: https://www.econbiz.de/10010260553
Surges and reversals of short-term foreign liabilities are often held responsible for instabilities in international financial markets. Yet, empirical evidence on the factors determining the maturity of capital flows is scant. This paper analyzes the determinants of foreign assets of German...
Persistent link: https://www.econbiz.de/10010260632
Labor force participation rates of mothers in Austria and Germany are similar, however full-time employment rates are …, differences in mothers? employment patterns can partly be explained by the different tax systems: While Germany has a system of …
Persistent link: https://www.econbiz.de/10010260923
Germany, where subsidized child care is rationed and private child care is only available at considerably higher cost. I use a …
Persistent link: https://www.econbiz.de/10010260944