Showing 1 - 10 of 287
Persistent link: https://www.econbiz.de/10001701684
Most observers have concluded that while money markets and government bond markets are rapidly integrating following the introduction of the common currency in the euro area, there is little evidence that a similar integration process is taking place for retail banking. Data on cross-border...
Persistent link: https://www.econbiz.de/10003784658
In 2005, the President of the Bank of Italy blocked the cross-border acquisition of two Italian banks for ‘prudential reasons and formal errors’. Following these events, the EU Commission brought actions against Italy for infringement of the principle of the free movement of capital....
Persistent link: https://www.econbiz.de/10003608104
This paper discusses the impact and the appropriateness of tax incentives for small and medium-sized enterprises (SMEs) in the European Union. First, we provide a survey of implemented tax incentives specifically targeted at SMEs in the 28 EU Member States. Building hereon, we measure the impact...
Persistent link: https://www.econbiz.de/10011591958
Firms are affected by the product demand. This leads to employment adjustments. In the literature we find only very few contributions investigating the issue whether internal adjustments are linked and which relationships exist with external adjustments. Are they of a complementary or...
Persistent link: https://www.econbiz.de/10003805926
In der Klimapolitik gibt es zwei grundlegende Handlungsstränge - Vermeidung und Anpassung. Vermeidung beschreibt alle …. Anpassung beinhaltet dagegen die Reaktion auf die beobachtbaren oder erwarteten Auswirkungen des Klimawandels, um Schäden zu … verringern oder potenzielle Vorteile zu nutzen. Aus ökonomischer Sicht kann Anpassung, im Gegensatz zu den meisten …
Persistent link: https://www.econbiz.de/10008660634
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10003328090
The paper analyzes effects of occupational and regional mobility on the matching rate using the monthly panel disaggregated on regional and occupational level. The main contribution of the paper is measuring the effect of substitutability between vacancies for different occupations and vacancies...
Persistent link: https://www.econbiz.de/10003824047
This paper investigates the functioning of regional labour markets in Italy and Germany for different employee groups. In the light of high and persistent differences in unemployment and wage rates between the North and South of Italy and the West and East of Germany, we first derive theoretical...
Persistent link: https://www.econbiz.de/10003435419
Public sector sponsored training was implemented at a large scale during the transition process in East Germany. Based on new administrative data, we estimate the differential effects of three different programs for East Germany during the transition process. We apply a dynamic multiple...
Persistent link: https://www.econbiz.de/10003435427