are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank …

difference-in-differences estimation with banks being allocated to the treatment and control group based on the region of their … some extent by retail mortgage loans. While results suggest that the profitability of banks is impacted by additional …

European debt crisis. This paper analyses a recent development as a particular determinant of the future outlook for the German …

profitability of German banks and their capacity to lend. With a NSFR-model that is partially calibrated against reported NSFRs, we … minimum standard is unlikely to exhibit adverse consequences for credit supply and bank profitability. …

Interconnection rates are a key variable in telecommunications markets. Every call that is placed must be terminated by …

Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the … time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to … account, but a significant positive relationship between cash flow and investment remains for relatively small firms. In the …