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direct taxation in the EU and growing international tax competition aligned with the process of globalization is followed by … and social security contributions for corporations and their shareholders in the Netherlands and Germany. The analysis … burden for corporations is higher than those in the Netherlands. The effects of the different corporation tax systems (full …
Persistent link: https://www.econbiz.de/10013428119
are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank …-level data on the international activities of all German banks with publicly available bank micro data from possible destination …
Persistent link: https://www.econbiz.de/10010248946
Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the international and global activities of banks across countries. This paper develops and tests a theoretical model that explains this variation from an international trade theory...
Persistent link: https://www.econbiz.de/10009740267
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This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche … competition, contestability and market power, each corresponding to a different contextual level of a bank's competitive … theoretical properties of the indicators for market power and competition. Using the Lerner Index as a proxy for bank …
Persistent link: https://www.econbiz.de/10009792985
competition. Here, we employ a novel approach to account for IRS that are both unexpected and effective for a bank’s business … theory that monopolistic firms undersupply the market when utilizing their high pricing power in the bank competition …–liquidity creation nexus. While positive IRS per se lead to an increase in bank liquidity creation, we find that a high bank …
Persistent link: https://www.econbiz.de/10013184357
This paper shows that the supply side of credit is a major factor for the phenomenonof hampered interest rate pass-through in monopolistic banking markets. Our data,covering all 1,555 small and medium sized banks in Germany, provides a clear wayto partial out demand shocks; we are thus able to...
Persistent link: https://www.econbiz.de/10012322286
regulatory competition when banks are heterogeneous and give loans to firms that produce output in an integrated market. In this … bank profits, taxpayers, and consumers. …
Persistent link: https://www.econbiz.de/10011591503