Similar Search Results

Financial constraints and capacity adjustment in the United Kingdom - evidence from a large panel of survey data

Kalckreuth, Ulf von (contributor); Murphy, Emma (contributor) - 2004

The interrelationship between financial constraints and firm activity is a hotly debated issue. The way firms cope with financial constraints is fundamental to the analysis of monetary transmission, of financial stability and of growth and development. The CBI Industrial Trends Survey contains...

Persistent link: https://www.econbiz.de/10002681975

Information or Regulation: What Is Driving the International Activities of Commercial Banks?

Buch, Claudia M. - 2000

Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks' cross-border activities and provides empirical evidence. Our...

Persistent link: https://www.econbiz.de/10010260448

Distance and International Banking

Buch, Claudia M. - 2001

bank lending. We are using a dataset on assets and liabilities of commercial banks from five countries (France, Germany …

Persistent link: https://www.econbiz.de/10010260464

Real and Financial Integration in Europe - Evidence for the Accession States and for the Pre-Ins

Buch, Claudia M.; Döpke, Jörg - 1999

-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …

Persistent link: https://www.econbiz.de/10010285355

Business Cycle Volatility in Germany

Buch, Claudia M.; Doepke, Joerg; Pierdzioch, Christian - 2002

structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …

Persistent link: https://www.econbiz.de/10010260526

What Determines Maturity? An Analysis for Foreign Assets of German Commercial Banks

Buch, Claudia M. - 2000

Surges and reversals of short-term foreign liabilities are often held responsible for instabilities in international financial markets. Yet, empirical evidence on the factors determining the maturity of capital flows is scant. This paper analyzes the determinants of foreign assets of German...

Persistent link: https://www.econbiz.de/10010260632

Wage cyclicality under different regimes of industrial relations

Gartner, Hermann; Schank, Thorsten; Schnabel, Claus - 2010

Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …

Persistent link: https://www.econbiz.de/10010272104

Central bank intervention and exchange rate expectations : evidence from the daily DM/US-Dollar exchange rate

Reitz, Stefan - 2002

In this paper we propose a generalisation of the noise trader transmission mechanism to examine the impact of central bank intervention on exchange rates. Within a heterogeneous expectations exchange rate model intervention operations are supposed to provide support to either chartist or...

Persistent link: https://www.econbiz.de/10011431685

Further evidence on the relationship between firm investment and financial status

Chirinko, Robert S.; Kalckreuth, Ulf von - 2002

The interpretation of the significant relation between business investment spending and cash flow has been controversial. A large body of research has found that investment/cash flow sensitivities are higher for financially constrained firms. This fundamental result underlying the finance...

Persistent link: https://www.econbiz.de/10011431837

A Vectorautoregressive Investment Model (VIM) and monetary policy transmission : panel evidence from German firms

Breitung, Jörg; Chirinko, Robert S.; Kalckreuth, Ulf von - 2003

This paper proposes a new framework for studying the effects of monetary policy on business investment. Important ambiguities with the modeling of investment dynamics and interactions between real and financial decisions suggest modeling investment spending as a VAR. Based on a panel of...

Persistent link: https://www.econbiz.de/10011432001