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Transparency, Risk Management and International Financial Fragility
Draghi, Mario - 2003
Discussions of financial risk often fail to distinguish between risks that are consciously borne and those that are not. To understand the breeding conditions for financial crises the prime focus of concern should not be simply on large risk-taking per se, but on the unintended, or unanticipated...
Persistent link: https://www.econbiz.de/10012468892
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A Q-Theory of Banks
Begenau, Juliane - 2020
We document five facts about banks: (1) market and book leverage diverged during the 2008 crisis, (2) Tobin's Q predicts future profitability, (3) neither book nor market leverage appears constrained, (4) banks maintain a market leverage target that is reached slowly, (5) pre-crisis, leverage...
Persistent link: https://www.econbiz.de/10012482155
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The Changing Structure of Wages in the US and Germany : What Explains the Differences?
Beaudry, Paul - 2000
Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while … files from the PSID (US) and the GSOEP (Germany), we demonstrate how factor movements within these countries are associated … capital over the 1979-96 period, while Germany accumulated factors in a more balanced manner …
Persistent link: https://www.econbiz.de/10012471064
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An Economic Analysis of U.S Public Transit Carbon Emissions Dynamics
Huang, Robert; Kahn, Matthew E. - National Bureau of Economic Research - 2022
.S transit agencies with transit agencies in Germany and the United Kingdom. We study U.S urban public sector energy efficiency …
Persistent link: https://www.econbiz.de/10013190994
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Educational Inequality*
Blanden, Jo; Doepke, Matthias; Stuhler, Jan - National Bureau of Economic Research - 2022
This chapter provides new evidence on educational inequality and reviews the literature on the causes and consequences of unequal education. We document large achievement gaps between children from different socio-economic backgrounds, show how patterns of educational inequality vary across...
Persistent link: https://www.econbiz.de/10013191073
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The Impact of Pollution Abatement Investment on Productivity Change : AnEmpirical Comparison of the U.S., Germany, and Canada
Conrad, Klaus - 1985
and Germany, and thereby assess the impact of increased pollution abatement capital regulation on productivity growth. Our …
Persistent link: https://www.econbiz.de/10012477316
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Labor and Investment Demand at the Firm Level : A Comparison of French, German and U.S. Manufacturing, 1970-79
Mairesse, Jacques - 1985
We investigate how labor and investment demand at the firm level (gross as well as net and replacement investment separately) differs in French, German and U.S. manufacturing, and has changed since the 1974-75 crisis. We use three consistent panel data samples of large firms for1970-79, and rely...
Persistent link: https://www.econbiz.de/10012477531
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The Taxation of Income from Capital : A Comparative Study of the U.S., U.K., Sweden and West Germany--Comparisons of Effective Tax Rates--
King, Mervyn A. - 1983
This working paper presents Chapter 7 of a book to be published for the National Bureau of Economic Research by the University of Chicago Press. The point of the book is to compare taxes on income from capital in four countries,accounting for corporate, personal, and property taxes, and...
Persistent link: https://www.econbiz.de/10012478030
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The Taxation of Income from Capital : A Comparative Study of the U.S., U.K., Sweden, and West Germany--The Theoretical Framework--
King, Mervyn A. - 1983
This working paper presents Chapter 2 of a book that has been submitted to the University of Chicago Press for publication consideration. The point of the book is to compare taxes on income from capital infour countries,accounting for corporate, personal, and property taxes, and including...
Persistent link: https://www.econbiz.de/10012478045
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The Incentive for Working Hard : Explaining Hours Worked Differences in the U.S. and Germany
Bell, Linda A. - 2000
This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...
Persistent link: https://www.econbiz.de/10012470681