Narrow search
Showing 1 - 10 of 124
Cover Image
The impact of German public support transfers on firm finance : evidence from the Covid-19 crisis
Gärtner, Leo; Marek, Philipp - 2022
The economic policy response to COVID-19 lockdowns included a variety of measures. Their effects on non-financial firms, however, remain unclear. To shed light on the effect of transfers, we investigate the effect of German emergency aid transfers (November-December aid), a program designed for...
Persistent link: https://www.econbiz.de/10013205580
Cover Image
The effect of discretion on procurement performance
Coviello, Decio; Guglielmo, Andrea; Spagnolo, Giancarlo - 2016
Persistent link: https://www.econbiz.de/10011475647
Cover Image
The Brexit vote, productivity growth and macroeconomic adjustments in the United Kingdom
Broadbent, Ben; Di Pace, Federico; Drechsel, Thomas; … - 2019
The UK economy has experienced significant macroeconomic adjustments following the 2016 referendum on its withdrawal from the European Union. This paper develops and estimates a small open economy model with tradable and non-tradable sectors to characterise these adjustments. We demonstrate that...
Persistent link: https://www.econbiz.de/10012055479
Cover Image
The impact of the EU General Data Protection Regulation on innovation in firms
Blind, Knut; Niebel, Crispin Miles; Rammer, Christian - 2022
consensus on whether this new privacy regulation is beneficial or detrimental to innovation. This study provides empirical … evidence on the impact of the GDPR on innovation activities in firms. Exploiting panel data from the German innovation survey …, a difference-in-difference analysis shows that the GDPR stimulated additional innovation activity while shifting the …
Persistent link: https://www.econbiz.de/10013411289
Cover Image
The macroeconomic effects of large exchange rate appreciations
Kappler, Marcus; Reisen, Helmut; Schularick, Moritz; … - 2011
In this paper we study the macroeconomic effects of large exchange rate appreciations. Using a sample of 128 countries from 1960-2008, we identify large nominal and real appreciations shocks and study their macroeconomic effects in a dummy-augmented panel autoregressive model. Our results show...
Persistent link: https://www.econbiz.de/10008905965
Cover Image
The shifts and the shocks : bank risk, leverage, and the macroeconomy
Kuvshinov, Dmitry; Richter, Björn; Zimmermann, Kaspar - 2022
This paper studies the long-run evolution of bank risk and its links to the macroeconomy. Using data for 17 advanced economies, we show that the riskiness of bank assets declined materially between 1870 and 2016. But even though bank assets have become safer, the losses on these assets are...
Persistent link: https://www.econbiz.de/10013265941
Cover Image
Who benefits from the corporate QE? : a regression discontinuity design approach
Abidi, Nordine; Miquel-Flores, Ixart - 2018
On March 10, 2016, the European Central Bank (ECB) announced the Corporate Sector Purchase Programme (CSPP) - commonly known as corporate quantitative easing (QE) - to improve the financing conditions of the Eurozone's real economy and strengthen the pass-through of unconventional monetary...
Persistent link: https://www.econbiz.de/10011820153
Cover Image
Global macro-financial shocks and expected default frequencies in the euro area
Castrén, Olli (contributor); Dées, Stéphane (contributor) - 2008
Modelling the link between the global macro-financial factors and firms’ default probabilities constitutes an elementary part of financial sector stress-testing frameworks. Using the Global Vector Autoregressive (GVAR) model and constructing a linking satellite equation for the firm-level...
Persistent link: https://www.econbiz.de/10003748979
Cover Image
Founder personality and start-up subsidies
Chapman, Gary; Hottenrott, Hanna - 2023
Start-up subsidies play an important role in supporting start-up innovation and performance. However, what …
Persistent link: https://www.econbiz.de/10014305739
Cover Image
The impact of Covid-19 on US firms
Bloom, Nicholas; Fletcher, Robert S.; Yeh, Ethan - 2021
Persistent link: https://www.econbiz.de/10012614410