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This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis … that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …
Persistent link: https://www.econbiz.de/10010271917
which information costs and regulations hold back merger activity. Our results suggest that banks operating in more …
Persistent link: https://www.econbiz.de/10010260608
Persistent link: https://www.econbiz.de/10011602251
Persistent link: https://www.econbiz.de/10010283012
USA - prüfen. Es zeigt sich, dass die Unterschiede in der konjunkturellen Entwicklung zwischen den Regionen der Eurozone … nicht größer sind als zwischen den Bundesstaaten der USA. Somit sind die Erfolgsaussichten der Geldpolitik im Euroraum … keineswegs schlechter als in den USA. …
Persistent link: https://www.econbiz.de/10011602090
A Transatlantic Free Trade Area (TAFTA) has been proposed in the mid-1990s to revitalize the economic and political ties between the United States and the European Union. This paper discusses the expected economic gains from such a free trade area for its members with respect to trade in goods...
Persistent link: https://www.econbiz.de/10010273144
During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....
Persistent link: https://www.econbiz.de/10010265233
It is widely believed that the Millennium Challenge Corporation (MCC) has grossly fallen short of high expectations raised by the Bush administration in 2002. From the perspective of potential recipient countries, the crucial issue is whether the MCC increased the overall pool of aid resources...
Persistent link: https://www.econbiz.de/10010277984
Bolivia's macroeconomic performance in the period 1994 to 1998 is analyzed and compared with the performance in former periods and the performance of other developing countries (grouped according to income, region, and debt status). This allows to assess what has been achieved in Bolivia since...
Persistent link: https://www.econbiz.de/10010332954
Dieser Bericht wurde erarbeitet von folgenden wirtschaftswissenschaftlichen Forschungsinstituten: Deutsches Institut für Wirtschaftsforschung, Berlin, Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg, Institut für Weltwirtschaft an der Universität Kiel, Institut für...
Persistent link: https://www.econbiz.de/10011601363