Showing 1 - 10 of 123
competition from emerging market economies has had an overall negative impact on companies’ profitability in the euro area …
Persistent link: https://www.econbiz.de/10011604964
competition from emerging market economies has had an overall negative impact on companies' profitability in the euro area …
Persistent link: https://www.econbiz.de/10012771395
An extensive empirical literature has documented the positive growth effects of equity market liberalization. However, this line of research ignores the impact of financial integration on a category of firms crucial for economic development, i.e. the small entrepreneurial firms. This paper aims...
Persistent link: https://www.econbiz.de/10011604544
Drawing from confidential firm-level balance sheets in 11 European countries, the paper presents a novel sectoral database of comparable productivity indicators built by members of the Competitiveness Research Network (CompNet) using a newly developed research infrastructure. Beyond aggregate...
Persistent link: https://www.econbiz.de/10013060041
Persistent link: https://www.econbiz.de/10011604338
competition intensifies, prospecting for loans becomes more important and banks' internal agency problem worsens. In response to … more competition, banks lower lending standards, may choose to disregard soft and use only hard information in their credit …
Persistent link: https://www.econbiz.de/10011605484
producers (pass-through). Under perfect competition in goods and factor markets, pass-through of corporate taxes should be zero …
Persistent link: https://www.econbiz.de/10013368011
This paper analyzes the link between monetary policy and capital misallocation in a New Keynesian model with heterogeneous firms and financial frictions. In the model, firms with a high return to capital increase their investment more strongly in response to a monetary policy expansion, thus...
Persistent link: https://www.econbiz.de/10014543648
This paper illustrates the main features of the Labour Module of the CompNet dataset which provides indicators of firm growth over the period 1995-2012 across 17 EU (13 euro area) countries and 9 macro-sectors. It also includes information on a large set of micro-aggregated characteristics of...
Persistent link: https://www.econbiz.de/10011667205
We study cross-country price differences in the European market for new passenger cars based on detailed pricing and technical data. Car prices in Europe converged until the year 2003, but not thereafter. Within the EU 15 countries the price range of the median model in 2004 was close to 20...
Persistent link: https://www.econbiz.de/10011804374