Similar Search Results

Der Auslandsumlauf deutscher Euro-Banknoten : Schätzung mit direkten Ansätzen

Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011

Inlandsumlauf von Euro-Banknoten in Deutschland Ende 2009 (rd. 130 Mrd. €) nur rund einem Drittel aller von der Deutschen Bundesbank …In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in …

Persistent link: https://www.econbiz.de/10009298946

Foreign demand for euro banknotes issued in Germany : estimation using direct approaches

Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011

In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in … amount of approximately €220 billion are in circulation outside Germany. The lion’s share of roughly €160 billion is in non …

Persistent link: https://www.econbiz.de/10009298950

Bläs, Barno - 2011

-financial corporations in Germany during the recent financial crisis. We use a panel approach based on a unique data set which matches the … Survey ; credit supply ; panel data ; financial crisis ; Germany …

Persistent link: https://www.econbiz.de/10009424914

The use of tax havens in exemption regimes

Gumpert, Anna; Hines, James R.; Schnitzer, Monika - 2011

This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...

Persistent link: https://www.econbiz.de/10009424925

Does it pay to have friends? : Social ties and executive appointments in banking

Berger, Allen N.; Kick, Thomas; Koetter, Michael; … - 2011

Social capital theory predicts individuals establish social ties based on homophily, i.e., affinities for similar others. We exploit a unique sample to analyze how similarities and social ties affect career outcomes in banking based on age, education, gender, and employment history to examine if...

Persistent link: https://www.econbiz.de/10009529217

Credit contagion between financial systems

Podlich, Natalia; Wedow, Michael - 2011

financial rescue scheme in Germany partially shielded German banks but not insurance companies from contagion. Overall, our …

Persistent link: https://www.econbiz.de/10009529228

The importance of qualitative risk assessment in banking supervision before and during the crisis

Kick, Thomas; Pfingsten, Andreas - 2011

Banking supervision requires regular inspection and assessment of financial institutions. In Germany this task is …

Persistent link: https://www.econbiz.de/10009160856

Bank bailouts, interventions, and moral hazard

Dam, Lammertjan; Koetter, Michael - 2011

To test if safety nets create moral hazard in the banking industry, we develop a simultaneous structural two-equations model that specifies the probability of a bailout and banks’ risk taking.We identify the effect of expected bailout probabilities on risk taking using exclusion restrictions...

Persistent link: https://www.econbiz.de/10009270009

An information economics perspective on main bank relationships and firm R&D

Höwer, Daniel; Schmidt, Tobias; Sofka, Wolfgang - 2011

more than 7,000 firm observations in Germany over a multi-year period. Our theoretical predictions are only supported for …

Persistent link: https://www.econbiz.de/10009270093

Forecasting stock market volatility with macroeconomic variables in real time

Döpke, Jörg (contributor); Hartmann, Daniel (contributor); … - 2006

used a new dataset on monthly real-time macroeconomic variables for Germany. The dataset covers the period 1994-2005. We …

Persistent link: https://www.econbiz.de/10003315444