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This study provides the first attempt to evaluate whether a logit early warning system (EWS) for systemic banking crises can produce better predictions when political indicators are used alongside traditional macro-financial indicators. Based on a dataset covering 32 advanced economies for the...
Persistent link: https://www.econbiz.de/10013260061
The breakdown of the interbank money markets in the face of the recent financial crisis has forced central banks and governments to take extraordinary measures to sustain financial stability. In this paper we investigate which influence central bank activity has on interbank markets. In our...
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impact on this process. We create entrepreneurship indices for 34 world cities exploiting the Global Entrepreneurship Monitor … expect that most indices will be higher for world cities, although exceptions are also plausible, for instance in world … cities where the government resides. Our findings predominantly confirm the entrepreneurial advantage of world cities …
Persistent link: https://www.econbiz.de/10003766507
Industrial clusters develop regionally along the industry's lifecycle and typically exist over many product generations. In order to maintain their innovativeness, they have to develop and adjust along the industry lifecycle. We conduct 142 depth face-to-face interviews in clusters across two...
Persistent link: https://www.econbiz.de/10003767908
We analyse pricing, effort and tipping decisions in the online service "Google Answers". While users set a price for the answer to their question ex ante, they can additionally give a tip to the researcher ex post. In line with the related experimental literature we find evidence that tipping is...
Persistent link: https://www.econbiz.de/10003833189
pay for outbound tourism goes hand in hand with an increasing per capita income in the world. -- Tourism ; tourism …
Persistent link: https://www.econbiz.de/10003809926