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Lobbying in Europe : new firm-level evidence
Dellis, Konstantinos; Sondermann, David - 2017
Lobbying can provide policy makers with important sector-specific information and thereby facilitating informed … unique firm-level database on EU lobby activity and firm characteristics. We tend to find that firms in more protected sector …, e.g. firms from non-tradable or higher regulated sectors tend to spend more for lobby activities. Also such firms tend …
Persistent link: https://www.econbiz.de/10011658573
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The cost-efficiency and productivity growth of euro area banks
Huljak, Ivan; Martin, Reiner; Moccero, Diego - 2019
We use an industrial organisation approach to quantify the size of Total Factor Productivity Growth (TFPG) for euro area banks after the crisis and decompose it into its main driving factors. In addition, we disentangle permanent and time-varying inefficiency in the banking sector. This is...
Persistent link: https://www.econbiz.de/10012037380
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Global value chains : a view from the euro area
Amador, João; Cappariello, Rita; Stehrer, Robert - 2015
Persistent link: https://www.econbiz.de/10010516586
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Globalisation and the euro area : simulation based analysis using the New Area Wide Model
Jacquinot, Pascal (contributor); Straub, Roland (contributor) - 2008
In this paper, we utilise the multi-country version of the NAWM to analyse the impact of globalisation on euro area macroeconomic aggregates. We provide alternative modelbased definitions of globalisation associated with an increase in potential output in emerging Asia and its impact on total...
Persistent link: https://www.econbiz.de/10003782654
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Imports and profitability in the euro area manufacturing sector : the role of emerging market economies
Peltonen, Tuomas A.; Skala, Martin; Rivera, Alvaro Santos; … - 2008
The paper analyses the impact of import penetration on firms' profitability in 15 manufacturing industries in 10 euro …
Persistent link: https://www.econbiz.de/10003782669
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Between capture and discretion : the determinants of distressed bank treatment and expected government support
Ignatowski, Magdalena; Werger, Charlotte; Korte, Josef - 2015
Persistent link: https://www.econbiz.de/10011349823
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Shocks and labour cost adjustment : evidence from a survey of European firms
Mathä, Thomas; Millard, Stephen Patrick; Rõõm, Tairi; … - 2019
We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages … and hours) in response to shocks. We develop a theoretical model to understand how firms choose between different ways to … adjust their labour costs. The basic intuition is that firms choose the cheapest way to adjust labour costs. Our empirical …
Persistent link: https://www.econbiz.de/10011997513
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Committees and special interests
Felgenhauer, Mike; Grüner, Hans Peter - 2003
Some committees convene behind closed doors while others publicly discuss issues and make their decisions. This paper studies the role of open and closed committee decision making in presence of external influence. We show that restricting the information of interest groups may reduce the bias...
Persistent link: https://www.econbiz.de/10009635893
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Global financial transmission of monetary policy shocks
Ehrmann, Michael (contributor);  … - 2006
The paper shows that US monetary policy has been an important determinant of global equity markets. Analysing 50 equity markets worldwide, we find that returns fall on average around 3.8% in response to a 100 basis point tightening of US monetary policy, ranging from a zero response in some to a...
Persistent link: https://www.econbiz.de/10003320671
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The global dimension of inflation : evidence from factor-augmented Phillips curves
Eickmeier, Sandra; Moll, Katharina - 2009
indeed reacted to the global components. -- Inflation ; globalization ; Phillips curves ; factor models ; monetary policy …
Persistent link: https://www.econbiz.de/10003831786