Similar Search Results

Reversing fortunes of German regions, 1926-2019 : boon and bane of early industrialization?

Berbée, Paul; Braun, Sebastian; Franke, Richard - 2022

This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany’s economic geography observed in recent decades. Using novel data on economic activity in 163 labor market regions in West Germany, we establish that nearly half of them...

Persistent link: https://www.econbiz.de/10013281419

Identifying empty creditors with a shock and micro-data

Degryse, Hans; Gündüz, Yalın; O'Flynn, Kuchulain; … - 2021

Firms with credit-default swaps (CDS) traded on their debt may face "empty creditors" as hedged creditors have less incentive to participate in firm restructuring. We test for the existence of empty creditors by employing an exogenous change to the bankruptcy code in Germany that effectively...

Persistent link: https://www.econbiz.de/10012697959

The pattern of home ownership across cohorts and its impact on the net wealth distribution : empirical evidence from Germany and the US

Alik-Lagrange, Arthur; Schmidt, Tobias - 2015

In this empirical paper we analyze the link between homeownership across cohorts and the net wealth distribution. In … particular we are interested in the effect of the pattern of ownership across cohorts. Given that wealth accumulates over the … cohorts, should be related to current wealth levels and inequality. In order to gauge the effect of the ownership structure …

Persistent link: https://www.econbiz.de/10011285421

Trends in intergenerational home ownership and wealth transmission

Blanden, Jo; Eyles, Andrew; Machin, Stephen - 2021

Persistent link: https://www.econbiz.de/10012509953

Wealth and subjective well-being in Germany

Jantsch, Antje; Le Blanc, Julia; Schmidt, Tobias - 2022

Wealth in addition to income determines to a large degree an individual’s consumption opportunities and economic … satisfaction as an indicator of subjective well being and households’ wealth. We contribute to the scarce literature on wealth and … well-being using micro-data from the German wealth survey, Panel on Household Finances - PHF, for 2010 and 2014. Using …

Persistent link: https://www.econbiz.de/10013171766

Micro-geographic property price and rent indices

Ahlfeldt, Gabriel M.; Heblich, Stephan; Seidel, Tobias - 2021

Persistent link: https://www.econbiz.de/10012596778

Control transfers in corporate Germany : their frequency, causes and consequences

Köke, F. Jens - 2000

This study examines changes in block ownership for a large sample of listed and non-listed German firms. The frequency of block trading is similar to other countries, and the vast majority of block trades leads to changes in ultimate ownership (control transfers). Such changes are more likely...

Persistent link: https://www.econbiz.de/10013428382

Corporate monitoring by blockholders in Europe : empirical evidence of managerial disciplining in Belgium, France, Germany, and the UK

Dherment-Ferere, Isabelle - 2001

This study examines managerial disciplining in poorly performing firms using large panels for Belgian, French, German and UK firms. We consider the monitoring role of large blockholders, the market for share blocks, creditors, and non-executive directors. Board restructuring is correlated to...

Persistent link: https://www.econbiz.de/10013428410

Choosing to diet: the impact and cost-effectiveness of China's vehicle ownership restrictions

Liu, Antung; Dua, Rubal; Hu, Wei-min; Ku, Arthur Lin - 2023

Persistent link: https://www.econbiz.de/10014281006

Liquidating bankers' acceptances : international crisis, doctrinal conflict and American exceptionalism in the Federal Reserve 1913-1932

Adam, Marc Christopher - 2020

This paper seeks to explain the collapse of the market for bankers' acceptances between 1931 and 1932 by tracing the doctrinal foundations of Federal Reserve policy and regulations back to the Federal Reserve Act of 1913. I argue that a determinant of the collapse of the market was Carter Glass'...

Persistent link: https://www.econbiz.de/10012167430