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Overtime work, overtime compensation and the distribution of economic well-being : evidence for West Germany and Great Britain

Pannenberg, Markus; Wagner, Gert G. - 2001

Using panel data for West Germany and Great Britain, we show that there are striking differences in overtime work and … the evolution of the monthly labour earnings distribution and individual economic well-being differently in West Germany … regards to West Germany, we show that the current policy of transforming paid overtime in "working time accountsʺ, which is …

Persistent link: https://www.econbiz.de/10001610707

Social custom, free-riders, and trade union membership in Germany and Great Britain

Goerke, Laszlo; Pannenberg, Markus - 1998

Persistent link: https://www.econbiz.de/10010283773

Umfang und Kompensation von Überstunden : eine vergleichende Analyse für Westdeutschland und Großbritannien

Wagner, Gert G.; Pannenberg, Markus - 2000

In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …

Persistent link: https://www.econbiz.de/10010260756

Measurement matters: Input price proxies and bank efficiency in Germany

Koetter, Michael - 2005

Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit maximisation problem assuming perfect input markets. At...

Persistent link: https://www.econbiz.de/10010295894

Evaluating the German bank merger wave

Koetter, Michael - 2005

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost efficiency (CE). We categorise mergers a success that...

Persistent link: https://www.econbiz.de/10010295905

The stability of efficiency rankings when risk-preferences and objectives are different

Koetter, Michael - 2006

We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate traditional efficiency scores with stochastic cost and alternative profit frontier analysis. Then, we explicitly allow for different risk preferences and measure efficiency with a...

Persistent link: https://www.econbiz.de/10010295915

Do banks benefit from internationalization? Revisiting the market power-risk nexus

Buch, Claudia M.; Koch, Cathérine Tahmee; Koetter, Michael - 2010

Recent developments on international financial markets have called the benefits of bank globalization into question. Large, internationally active banks have acquired substantial market power, and international activities have not necessarily made banks less risky. Yet, surprisingly little is...

Persistent link: https://www.econbiz.de/10010302605

Finance and growth in a bank-based economy : is it quantity or quality that matters?

Koetter, Michael (contributor); Wedow, Michael (contributor) - 2006

quality of banks' financial intermediation in the regions of one economy only: Germany. To approximate the quality of … banking pillars active in Germany. …

Persistent link: https://www.econbiz.de/10003315450

Margins of international banking : is there a productivity pecking order in banking, too?

Buch, Claudia M.; Koch, Cathérine Tahmee; Koetter, Michael - 2009

Modern trade theory emphasizes firm-level productivity differentials to explain the cross-border activities of non-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel dataset that contains all German banks’...

Persistent link: https://www.econbiz.de/10003889133

Efficient, profitable and safe banking: an oxymoron? : evidence from a panel VAR approach

Koetter, Michael (contributor); Porath, Daniel (contributor) - 2007

Efficiency is considered a key factor when evaluating a bank's performance. Moreover, efficiency enhancement is an explicit policy objective in the Single Market Directive of the European Commission. But efficiency improvements may come at the expense of deteriorating bank profits and excessive...

Persistent link: https://www.econbiz.de/10003415410