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Market Access Strategies in the EU Banking Sector - Obstacles and Benefits Towards an Integrated European Retail Market

Beckmann, Rainer - 2010

The integration process in the European banking sector considerably differs with regard to product types. Deep integration can be observed in the money market as well as the market for wholesale products. In contrast to that, a strong segmentation of national markets still exists in the field of...

Persistent link: https://www.econbiz.de/10013136603

Horizontal and Vertical Firm Networks, Corporate Performance and Product Market Competition

Bischoff, Oliver - 2015

This paper sheds new light on the assessment of firm networks via multiple directorships in terms of corporate firm performance. Using a large sample of European listed firms in the period from 2003 to 2011 and system GMM we find a significant compensation effect on corporate firm performance...

Persistent link: https://www.econbiz.de/10013024843

The Nature of Innovation Channels at the Micro-Level : Evidence from Russian Manufacturing Firms

Simačev, Jurij V.; Kuzyk, Michail; Feygina, Vera - 2013

The main purpose of the paper is to analyze different channels for innovations. We consider the influence of various incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal orientation, peculiarities of corporate demography,...

Persistent link: https://www.econbiz.de/10014153492

Identification-robust inference for endogeneity parameters in linear structural models

Doko Tchatoka, Firmin; Dufour, Jean-Marie - Volkswirtschaftliche Fakultät, … - 2012

dependence between possibly endogenous explanatory variables and disturbances in a linear structural equation (endogeneity … parameters). We focus on second-order dependence and stress the distinction between regression and covariance endogeneity … with least-squares methods). We observe that endogeneity parameters may not be identifiable and we give the relevant …

Persistent link: https://www.econbiz.de/10011107877

Failure in the market for reviewing economics papers: Good readers, bad referees, and ugly papers

Hatzinikolaou, Dimitris - Volkswirtschaftliche Fakultät, … - 2012

The paper discusses the problem of incompetent and/or irresponsible refereeing of scientific papers, with emphasis on economics papers. To illustrate, I describe my own confrontation with erroneous published papers, and demonstrate that writing comments on such papers does not always solve the...

Persistent link: https://www.econbiz.de/10011108473

Sparse Linear Models and Two-Stage Estimation in High-Dimensional Settings with Possibly Many Endogenous Regressors

Zhu, Ying - Volkswirtschaftliche Fakultät, … - 2013

This paper explores the validity of the two-stage estimation procedure for sparse linear models in high-dimensional settings with possibly many endogenous regressors. In particular, the number of endogenous regressors in the main equation and the instruments in the first-stage equations can grow...

Persistent link: https://www.econbiz.de/10011109953

Dealing with the Endogeneity Problem in Data Envelopment Analysis

Cordero, José Manuel; Santín, Daniel; Sicilia, Gabriela - Volkswirtschaftliche Fakultät, … - 2013

Endogeneity, and the distortions on the estimation of economic models that it causes, is a familiar problem in the … for measuring technical efficiency, the effects of endogeneity on such efficiency estimates have received little attention …. The aim of this paper is twofold. First, we further illustrate the endogeneity problem and its causes in production …

Persistent link: https://www.econbiz.de/10011110004