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.2% in Germany and 22% in Italy. Household characteristics, including the level of indebtedness, appear to explain …
Persistent link: https://www.econbiz.de/10012122027
Persistent link: https://www.econbiz.de/10010482485
Between 2000 and 2007, the gender gap in earnings in the US real estate sector increased, especially in local markets where house prices appreciated relatively more. Firm frictions and the presence of small children in the household do not explain the widening of the gender gap, while sorting on...
Persistent link: https://www.econbiz.de/10013337432
The study aims at describing productivity growth in the manufacturing sector for a selected panel of five European … countries using firm-level data. The paper explores the empirical regularities of firm productivity distribution across … countries. In particular, we assess the degree of persistence of firm relative productivity and consider its effect on aggregate …
Persistent link: https://www.econbiz.de/10003782661
Productivity (TFP) growth in CEE countries. We show that due to their deep integration in GVCs, CEE countries have been exposed to …
Persistent link: https://www.econbiz.de/10011816163
We assess the impact of the Eurosystem's Targeted Long-Term Refinancing Operations (TLTROs) on the lending policies of euro area banks. We first build a theoretical model in which banks compete in the credit and deposit markets. We distinguish between direct and indirect effects. Direct effects...
Persistent link: https://www.econbiz.de/10012150125
A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization … role in the transmission from competition to soundness. We use a twopronged approach. First, we employ Granger causality … tests to establish the link between competition and measures of profit efficiency in banking, and find that competition …
Persistent link: https://www.econbiz.de/10003789457
monetary policy was up (down). Overall, we find that competition among banks and competition from financial markets result in a …
Persistent link: https://www.econbiz.de/10003410596
intermediate position, whereas in Italy competition declined significantly over time. The French, Japanese and UK loan markets were …This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of …
Persistent link: https://www.econbiz.de/10003484173
intensity of competition in firms' product markets, on the importance of collective wage bargaining and on other structural and …
Persistent link: https://www.econbiz.de/10003971260