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Implications of network convergence on local access regulation in the US and the EU

Vanberg, Margit A. (contributor) - 2007

This paper provides an overview of telecommunications regulation in the U.S. and in Europe. For each region the history of telecommunications regulations as well as the current regulatory regime is portrayed. The focus of this overview is on the question of how unbundling regulations in the...

Persistent link: https://www.econbiz.de/10003480089

Modeling asset returns : a comparison of theoretical and empirical models

Lüders, Erik (contributor); Schröder, Michael (contributor) - 2004 - Rev. version

large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …

Persistent link: https://www.econbiz.de/10003670896

The determinants of capital structure : some evidence from banks

Gropp, Reint (contributor); Heider, Florian (contributor) - 2008

This paper documents that standard cross-sectional determinants of firm leverage also apply to the capital structure of large banks in the United States and Europe. We find a remarkable consistency in sign, significance and economic magnitude. Like non-financial firms, banks appear to have...

Persistent link: https://www.econbiz.de/10003671222

Polarization and rising wage inequality : comparing the U.S. and Germany

Antonczyk, Dirk; DeLeire, Thomas C.; Fitzenberger, Bernd - 2010

This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz (1995) to separate age, time, and cohort effects. Between 1979 and 2004, wage inequality increased strongly in both the U.S. and Germany but there were various country specific...

Persistent link: https://www.econbiz.de/10003946254

Informal university technology transfer : a comparison between the United States and Germany

Grimpe, Christoph; Fier, Heide - 2009

Existing literature has confined university technology transfer almost exclusively to formal mechanisms, like patents, licenses or royalty agreements. Relatively little is known about informal technology transfer that is based upon interactions between university scientists and industry...

Persistent link: https://www.econbiz.de/10003857707

The impact of informational costs in quantity regulation of pollutants : the case of the European Emissions Trading Scheme

Heindl, Peter - 2011

There is extreme heterogeneity of firms regulated under the European Emissions Trading Scheme (EU ETS) in terms of emissions evels and employed technology. We present a model that shows that behavior of firms under quantity regulation can differ strongly, dependent on the characteristics of the...

Persistent link: https://www.econbiz.de/10009159878

Mind the gap : the difference between U.S. and European loan rates

Berg, Tobias; Saunders, Anthony; Steffen, Sascha; … - 2016

We analyze differences in the pricing of syndicated loans between U.S. and European loans. For credit lines, U.S. borrowers pay significantly higher spreads, but also lower fees, resulting in similar total costs of borrowing in both markets. For term loans, U.S. firms pay significantly higher...

Persistent link: https://www.econbiz.de/10011436380

Product market competition, corporate governance and firm performance : an empirical analysis for Germany

Januszewski, Silke I.; Köke, F. Jens; Winter, Joachim - 1999

Productivity growth has been slow in many continental European countries over the last few decades, especially in comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are two of the main reasons for this phenomenon. However,...

Persistent link: https://www.econbiz.de/10011443499

Wage divergence and unemployment : the impact of insider power and training costs

Muysken, Joan; Zwick, Thomas - 2000

general equilibrium model, this paper shows that skilled insiders in the USA enjoy higher rents and increase the skilled wage … outsiders in the USA do not possess a powerful credible threat to improve their position. This is a consequence from higher … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …

Persistent link: https://www.econbiz.de/10011444759

The effective tax burden of companies and on highly skilled manpower : tax policy strategies in a globalized economy

Elschner, Christina; Lammersen, Lothar; Overesch, Michael; … - 2005

Company taxes and taxes on highly skilled labour both influence the attractiveness of a particular region as a location for investment. We measure the effective tax burden on capital investment and on highly qualified labour in 33 locations across Europe and the United States. We then correlate...

Persistent link: https://www.econbiz.de/10002821875