Showing 1 - 10 of 192
This paper analyzes the effects of bank mergers on bank-firm relationships. Using matched bank-firm level data, I find … positive effects of mergers for borrowers that continue the lending relationship with the consolidated bank. On average …
Persistent link: https://www.econbiz.de/10003790938
all loans granted in Spain. We find that during the period analyzed both worse economic and tighter monetary conditions … resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …
Persistent link: https://www.econbiz.de/10003972699
This paper estimates the effects of exogenous fiscal policy shocks in Spain in a VAR framework. Government expenditure … of fiscal policy in Spain since the mid-nineties points to the conclusion that the consolidation process does not seem to …
Persistent link: https://www.econbiz.de/10003337464
Netherlands and Spain). The results indicate that financial position is important to explain capital expenditures, as financial …
Persistent link: https://www.econbiz.de/10003790950
This paper documents producer price setting in 6 countries of the euro area: Germany, France, Italy, Spain, Belgium and …
Persistent link: https://www.econbiz.de/10003422705
bank-level data to study the impact of interchange fee regulation. We find that consumer and merchant welfare improved … because of increased consumer and merchant adoption leading to greater usage of payment cards. We also find that bank revenues …
Persistent link: https://www.econbiz.de/10003969442
differentials in explaining city-level house price dispersion in Germany, France, and the US (but not in Italy or Spain once …
Persistent link: https://www.econbiz.de/10003973532
The study looks at primary expenditure developments in the euro area, its three largest members and four "macro-imbalances" countries for the period 1999-2009. It compares actual expenditure trends with those that would have prevailed if countries had followed neutral policies based on...
Persistent link: https://www.econbiz.de/10008728760
budget balance in France, Germany, Portugal, and Spain. We try to uncover past trends behind the development of public …
Persistent link: https://www.econbiz.de/10003507032
This paper analyses wage inequality in Spain from 1995 to 2002. Inequality has decreased slightly in this period …
Persistent link: https://www.econbiz.de/10003507077