Narrow search
Showing 1 - 10 of 100
Cover Image
Causes and consequences of merger waves
Kleinert, Jörn; Klodt, Henning - 2002
This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis … that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …
Persistent link: https://www.econbiz.de/10011490438
Cover Image
Cross-border bank mergers : what lures the rare animal?
Buch, Claudia M.; DeLong, Gayle L. - 2001
which information costs and regulations hold back merger activity. Our results suggest that banks operating in more …
Persistent link: https://www.econbiz.de/10011476366
Cover Image
Financial market integration in the US : lessons for Europe?
Buch, Claudia M. - 2000
The introduction of the euro is expected to increase capital mobility in Euroland. While, as in the US, a common monetary policy is now performed, institutional structures are inherently more heterogenous. This paper argues that experience of the US with financial market integration can...
Persistent link: https://www.econbiz.de/10011472491
Cover Image
A simple decomposition of the variance of output growth across countries
Reicher, Christopher Phillip - 2011
This paper outlines a simple regression-based method to decompose the variance of an aggregate time series into the variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and employment to cyclical output growth across a panel...
Persistent link: https://www.econbiz.de/10009127619
Cover Image
What kind of shock was it? : Regional integration and structural change in Germany after unification
Burda, Michael C. (contributor) - 2007
Eastern Germany's recovery from the unification shockʺ has been characterized by deep structural change with apparent repercussions for the West as well and an integration process involving both capital deepening (extensive and intensive investment) and labor thinning (net out-migration). I...
Persistent link: https://www.econbiz.de/10003414225
Cover Image
Subsidization and structural change in Eastern German transition : did economic policy meet its objectives?
Gerling, Katja - 2000
Economic policy interventions of a scale as effected in eastern Germany can be expected to have a significant impact on the economy, which may be in accordance with the objectives of the policy measures or manifest itself in distortions of several kinds. This paper analyzes the structural...
Persistent link: https://www.econbiz.de/10011472466
Cover Image
Real sector macroeconomic stabilization and structural resilience in Africa
Krantz, Sebastian - 2022
Over the past 30 years (1990-2019), African economies have experienced remarkable improvements in real macroeconomic conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper documents and seeks to explain these changes at...
Persistent link: https://www.econbiz.de/10013336273
Cover Image
Foreign acquisitions, domestic multinationals, and R&D
Bandick, Roger; Görg, Holger; Karpaty, Patrik - 2010
The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic firms. We are able to distinguish domestic multinationals and non-multinationals, which allows us to investigate the fear that the change in ownership of domestic to foreign...
Persistent link: https://www.econbiz.de/10008665146
Cover Image
Foreign acquisition, plant survival, and employment growth
Bandick, Roger; Görg, Holger - 2009
non-MNEs, and purely domestic firms before foreign takeover. The results, controlling for possible endogeneity of the … horizontal or vertical. We also find robust positive employment growth effects only for exporters, and only if the takeover is …
Persistent link: https://www.econbiz.de/10003842952
Cover Image
Innovation and productivity in European industries
Pianta, Mario (contributor); Vaona, Andrea (contributor) - 2006
The labour productivity impact of innovation is investigated in this paper combining neo-Schumpeterian insights on the variety of innovation, with the importance of industrial structures and firm size; two models are proposed for explaining productivity and export success in European...
Persistent link: https://www.econbiz.de/10003347531