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Persistent link: https://www.econbiz.de/10011557124
this prediction with diesel retail prices in Dortmund, Germany. We estimate a U-shaped relation with statistical precision …
Persistent link: https://www.econbiz.de/10012007152
Industrial relations are in flux in many nations, perhaps most notably in Germany and Britain. That said, comparatively … in Germany and still less in both countries about firm transitions between these institutions over time. The present … and the erosion of sectoral bargaining in Germany, and identify the respective roles of behavioral and compositional …
Persistent link: https://www.econbiz.de/10003894436
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The Pareto distribution has been used to describe firm sizes in many theoretical models for its convenience and empirical validity. We provide estimates of the Pareto parameters across industries and investigate the determinants of the shape of the firm size distribution in Brazil. The Pareto...
Persistent link: https://www.econbiz.de/10014428760
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We develop a macroeconomic portfolio stress test that is specifically geared towards small and medium-sized banks. We combine a credit risk stress test which simulates credit impairments via a CreditMetrics type multi-factor portfolio model with an income stress test in the form of dynamic panel...
Persistent link: https://www.econbiz.de/10011308474
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We analyze the relationship between managerial ownership and company performance, testing the incentive and entrenchment hypothesis. Differently from previous literature, we focus on small and medium-sized private enterprises which constitute an important part of the German economy. We use a...
Persistent link: https://www.econbiz.de/10001633303
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