Showing 1 - 10 of 81
Persistent link: https://www.econbiz.de/10009486196
based on a cross-country study for the United States (US), the United Kingdom (UK) and Germany. Focusing on corporate credit …, we find that legislation produces the highest credit risk in the US, followed by Germany, while UK law is found to be …
Persistent link: https://www.econbiz.de/10014402362
Banks' living wills involve both recovery and resolution. Since it may not always be clear when recovery plans or actions should be triggered, there is a role for an objective metric to trigger recovery. We outline how such a metric could be constructed meeting criteria of (i) adequate loss...
Persistent link: https://www.econbiz.de/10011408292
This paper provides an overview of key elements of Corporate Bankruptcy Codes and Practice around the world that are relevant to the debate on Sovereign Debt Restructuring. It highlights four components common to most bankruptcy reorganization institutions: a stay on debt collection efforts to...
Persistent link: https://www.econbiz.de/10014403841
The determinants of migrants' remittances are the subject of this study based on German SOEP data (2001-2006). In contrast to previous studies we analyze the motives for remittances not only for foreigners but also for the broader group of individuals with a personal migration background. Major...
Persistent link: https://www.econbiz.de/10003725980
rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … highest and most equally distributed homeownership in this country as well. The mortgage market in Germany is on the other …
Persistent link: https://www.econbiz.de/10003726010
2007, about 7.3 million foreigners were living in Germany. While the total number of foreigners has decreased over the last … decade, female migration to Germany has increased. Today, women constitute 48.6% of migratory flows to Germany, although the …-specific determinants of remittances from Germany. Here we attempt to fill this gap, focusing on gender roles and network effects. We …
Persistent link: https://www.econbiz.de/10003726148
enttäuscht wird. Demgegenüber setzt die Ausgrenzung von Migrantennachkommen in Deutschland schon im Bildungssystem ein, so dass … ; Deutschland ; Frankreich …
Persistent link: https://www.econbiz.de/10003779651
into the German tax and benefit system. Our simulation results suggest that introducing in-work Tax Credits in Germany … results call for a high degree of caution as far as importingʺ UK-style Tax Credits to Germany is concerned. In-work support …
Persistent link: https://www.econbiz.de/10003285730
This paper questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.
Persistent link: https://www.econbiz.de/10003304390