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Information sharing and cross-border entry in European banking

Giannetti, Caterina; Jentzsch, Nicola; Spagnolo, Giancarlo - 2010

Information asymmetries can severely limit cross-border border expansion of banks. When a bank enters a new market, it has incomplete information about potential new clients. Such asymmetries are reduced by credit registers, which distribute financial data on bank clients. We investigate the...

Persistent link: https://www.econbiz.de/10010271370

Perspectives of the European natural gas markets until 2025

Holz, Franziska; von Hirschhausen, Christian R.; … - 2008

modest changes in the overall supply situation of natural gas to Europe, indicating that current worries about energy supply … is successfully converting from being a natural gas exporter to become a transit node for LNG towards continental Europe …

Persistent link: https://www.econbiz.de/10010274285

Is euro area money demand (still) stable? Cointegrated VAR versus single equation techniques

Belke, Ansgar; Czudaj, Robert - 2010

In this paper we present an empirically stable euro area money demand model. Using a sample period until 2009:2 shows that the current financial and economic crisis that started in 2007 does not appear to have any noticeable impact on the stability of the euro area money demand function. We also...

Persistent link: https://www.econbiz.de/10010271383

The Bali Convention: flexibility of targets and instruments inevitable

Kemfert, Claudia - 2007

different emissions reduction options and flexible emissions reduction targets. Germany's Chancellor Merkel supports a world per … capita emissions target; Europe should find soon a fair burden sharing between the EU member states and start negotiations …

Persistent link: https://www.econbiz.de/10010264971

Technological change and transition: relative contributions to worldwide growth during the 1990s

Badunenko, Oleg; Henderson, Daniel J.; Zelenyuk, Valentin - 2007

was the major force of growth and change in the world income per worker distribution over the 1965-1990 period, our … transitional economies performed similar to the rest of the world, the procedure was able to discover some interesting patterns …

Persistent link: https://www.econbiz.de/10010264980

The World Gas Model: a multi-period mixed complementarity model for the global natural gas market

Egging, Ruud; Holz, Franziska; Gabriel, Steven A. - 2009

We provide the description and illustrative results of the World Gas Model, a multi-period complementarity model for … world wide natural gas production and consumption. We also include a detailed representation of cross-border natural gas … show that the rush for LNG observed in the past years will not be sustained throughout 2030 and that Europe will continue …

Persistent link: https://www.econbiz.de/10010271148

Financial crisis, global liquidity and monetary exit strategies

Belke, Ansgar - 2010

We develop a roadmap of how the ECB should further reduce the volume of money (money supply) and roll back credit easing in order to prevent inflation. The exits should be step-by-step rather than one-off. Communicating about the exit strategy must be an integral part of the exit strategy. Price...

Persistent link: https://www.econbiz.de/10010271374

Zukunftsgestaltung ohne Wirtschaftswachstum: Ergebnisse eines Workshops des DIW im Auftrag von Greenpeace Deutschland

Blazejczak, Jürgen (contributor) - 1998

Das vorliegende Diskussionspapier dokumentiert die Ergebnisse eines Workshops, den das DIW im Auftrag von Greenpeace Deutschland durchgeführt hat. Ziel des Workshops war es, zur Klärung der Konsequenzen eines - aufgrund ökologischer Grenzen für Energie- und Materialströme - verringerten...

Persistent link: https://www.econbiz.de/10010283758

Employment growth, inflation and output growth: Was Phillips right? Evidence from a dynamic panel

Caporale, Guglielmo Maria; Škare, Marinko - 2011

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips' tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic panel including annual data for 119...

Persistent link: https://www.econbiz.de/10010286310

Corruption, Growth, and the Environment : A Cross-Country Analysis

Welsch, Heinz - 2003

The relationship between per capita income and a number of pollution indicators has been found to display an inverted U-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given income levels (direct effect) and by reducing...

Persistent link: https://www.econbiz.de/10010260691