Showing 71 - 80 of 552
Persistent link: https://www.econbiz.de/10002162596
This paper explores the impact dividend taxes exert on the dividends repatriated from foreign affiliates to their German parent company. Based on an augmented Lintner model of firms' dividend payout decisions, the paper focusses on cross-border intra-firm dividend payments of wholly-owned...
Persistent link: https://www.econbiz.de/10003870801
In the last few years it has been possible to observe decreasing interest margins for German universal banks. At the same time, institutions increasingly moved part of their business from interest to fee-earning activities. This study analyzes the determinants of non-interest income and its...
Persistent link: https://www.econbiz.de/10003871368
The aim of this paper is to analyse the effects of knowledge management on the innovation success of firms in Germany …
Persistent link: https://www.econbiz.de/10003857677
Modern trade theory emphasizes firm-level productivity differentials to explain the cross-border activities of non-financial firms. This study tests whether a productivity pecking order also determines international banking activities. Using a novel dataset that contains all German banks’...
Persistent link: https://www.econbiz.de/10003889133
also discussed in relevant literature. The natural estimation method seems to be Maximum Likelihood (ML) estimation because … estimation approaches for both the half-normal and the exponential approach to inefficiency. Based on the simulation results we … obtain decision rules for the choice of the superior estimation approach. Both estimation methods, ML and MOM, are applied to …
Persistent link: https://www.econbiz.de/10003794513
We analyze what macroeconomic shocks affect the soundness of the German banking system and how this, in turn, feeds back into the macroeconomic environment. Recent turmoils on the international financial markets have shown very clearly that assessing the degree to which banks are vulnerable to...
Persistent link: https://www.econbiz.de/10003897348
groups and of different size. -- Market power-risk nexus ; international banking ; micro-data ; Germany …
Persistent link: https://www.econbiz.de/10008667402
The carry-over effect is the advance contribution of the old year to growth in the new year. Among practitioners the informative content of the carry-over effect for short-term forecasting is undisputed and is used routinely in economic forecasting. In this paper, the carry-over effect is...
Persistent link: https://www.econbiz.de/10008697431
We develop a formula for user costs of housing on the basis of a neoclassical approach to housing investment which does not impose a perfect capital market assumption. We suggest that the definition for the user costs of housing should be extended by an additional term which mirrors the credit...
Persistent link: https://www.econbiz.de/10003978661