Showing 1 - 10 of 76
slight increase in innovation expenditure by 1%. The number of employees in short-time work in Germany peaked at 2.9 million …
Persistent link: https://www.econbiz.de/10014286947
structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …
Persistent link: https://www.econbiz.de/10010260526
This paper provides empirical evidence on the determinants of foreign activities of German banks. We use regionally disaggregated panel data for the years 1981?98 and distinguish foreign direct investment from total foreign assets of domestic banks, of their foreign branches and their...
Persistent link: https://www.econbiz.de/10010260539
fact that universal banking in Germany creates implicit barriers to entry. Yet, regulatory and informational differences …
Persistent link: https://www.econbiz.de/10010260553
Surges and reversals of short-term foreign liabilities are often held responsible for instabilities in international financial markets. Yet, empirical evidence on the factors determining the maturity of capital flows is scant. This paper analyzes the determinants of foreign assets of German...
Persistent link: https://www.econbiz.de/10010260632
Recent developments on international financial markets have called the benefits of bank globalization into question. Large, internationally active banks have acquired substantial market power, and international activities have not necessarily made banks less risky. Yet, surprisingly little is...
Persistent link: https://www.econbiz.de/10010302605
Persistent link: https://www.econbiz.de/10010527506
Western Germany have dropped more sharply than the numbers in Eastern Germany resulting in a slight increase in the share of …
Persistent link: https://www.econbiz.de/10014286945
Insufficient capital buffers of banks have been identified as one main cause for the large systemic effects of the recent financial crisis. Although higher capital is no panacea, it yet features prominently in proposals for regulatory reform. But how do increased capital requirements affect...
Persistent link: https://www.econbiz.de/10010309227
Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the most well-known representatives being the ordered logit and the ordered probit. However, these models restrict the marginal probability effects by design, and therefore limit the...
Persistent link: https://www.econbiz.de/10010315474