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capital in the past. The conclusion is that within EMU domestic saving and investment will be less correlated than they were …
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The global financial crisis has brought to an end a rather unprecedented period of banks’ international expansion. We analyze the effects of the crisis on international banking. Using a detailed dataset on the international assets of all German banks with foreign affiliates for the years...
Persistent link: https://www.econbiz.de/10010229888
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold-up threats. Backward references in firm's patent...
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data we assess the relative importance of transaction costs and investment risks as well as CDM regulations through … investment risks are negligible: Given the large supply of cheap project-based emissions credits in developing countries …
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This paper provides a comprehensive analysis of portfolio choice with popular foreign exchange (FX) investment styles …). These results prevail for the most important investment styles after accounting for transaction costs due to re-balancing of … but we also show that international portfolios augmented by FX investment styles are superior in terms of second and third …
Persistent link: https://www.econbiz.de/10008938019
Out of a total of 2,976 double tax agreements (DTAs), some 60% are signed between a developing and a developed economy. As DTAs shift taxing rights from capital importing to capital exporting countries, the prior would incur a loss. We demonstrate in a theoretical model that in a deal one...
Persistent link: https://www.econbiz.de/10011607794