Narrow search
Showing 1 - 10 of 218
Cover Image
The impact of thin-capitalization rules on multinationals' financing and investment decisions
Büttner, Thiess; Overesch, Michael; Schreiber, Ulrich; … - 2008
This paper analyzes the effectiveness of thin-capitalization rules in preventing debt finance by intercompany loans and explores their consequences for corporate decisions. A theoretical discussion emphasizes that limitations of the deduction of interest owed to foreign affiliates would not only...
Persistent link: https://www.econbiz.de/10003650015
Cover Image
The price impact of lending relationships
Stein, Ingrid - 2011
, inducing borrowers to switch to larger relationship banks. -- Lending relationship ; SME ; German banking system …
Persistent link: https://www.econbiz.de/10008906017
Cover Image
Relationship lending : empirical evidence for Germany
Memmel, Christoph (contributor);  … - 2007
Relationship lending is a common practice in credit financing all over the world, particularly in Germany. On the basis … study analyses the determinants of relationship lending in Germany. We find that small, young and R&D-intensive firms tend …
Persistent link: https://www.econbiz.de/10003587088
Cover Image
Banking consolidation and small businessfinance : empirical evidence for Germany
Marsch, Katharina (contributor);  … - 2007
effects of banking consolidation in Germany. As small and medium sized German companies traditionally almost exclusively rely … banking consolidation in Germany does not have a significant negative impact on the financing of small and medium …-sized enterprises (SME). We measure the financing opportunities of SMEs based on the bank debt/assets ratio and the logarithmized credit …
Persistent link: https://www.econbiz.de/10003517279
Cover Image
Factor-MIDAS for now- and forecasting with ragged-edge data : a model comparison for German GDP
Marcellino, Massimiliano (contributor);  … - 2007
This paper compares different ways to estimate the current state of the economy using factor models that can handle unbalanced datasets. Due to the different release lags of business cycle indicators, data unbalancedness often emerges at the end of multivariate samples, which is sometimes...
Persistent link: https://www.econbiz.de/10003634929
Cover Image
Great moderation at the firm level? : unconditional versus conditional output volatility
Buch, Claudia M. (contributor); Döpke, Jörg (contributor);  … - 2008
trends in unconditional firm level and aggregated output volatility in Germany are similar. There has been a long …
Persistent link: https://www.econbiz.de/10003729690
Cover Image
The German sub-national government bond market : evolution, yields and liquidity
Schulz, Alexander (contributor);  … - 2008
The paper presents a comprehensive data set of all bonds issued by the sixteen German states (La͏̈nder) since 1992. It thus provides a complete picture of a capital market comparable in size to funds raised in the German fixed income market for corporations. The quantitative analysis reveals...
Persistent link: https://www.econbiz.de/10003650055
Cover Image
Analyzing the interest rate risk of banks using time series of accounting-based data : evidence from Germany
Entrop, Oliver; Memmel, Christoph; Wilkens, Marco; … - 2008
This paper describes the first thorough analysis of the interest risk of German banks on an individual bank level. We develop a new method that is based on time series of accountingbased data to quantify the interest risk of banks and apply it to analyze the German banking system. We find...
Persistent link: https://www.econbiz.de/10003650088
Cover Image
Restrictive immigration policy in Germany : pains and gains foregone?
Felbermayr, Gabriel (contributor); Geis, Wido (contributor);  … - 2008
employment effects. We quantify these effects for Germany. Following Borjas (2003), we estimate a structural model of labor …
Persistent link: https://www.econbiz.de/10003770938
Cover Image
Sectoral differences in wage freezes and wage cuts : evidence from a new firm survey
Radowski, Daniel (contributor); Bonin, Holger (contributor) - 2008
services. -- nominal wage rigidity ; efficiency wages ; manufactoring and services ; Germany …
Persistent link: https://www.econbiz.de/10003770971