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Abstract Empirical evidence is mounting that, in advanced economies, changes in monetary policy have a more benign impact on the economy—given better anchored inflation expectations and inflation being less responsive to variation in unemployment—compared to the past. We examine another...
Persistent link: https://www.econbiz.de/10011242214
insurance companies for the period 1997 to 2010. We find that differences in company size, capital structure, liquidity, and …
Persistent link: https://www.econbiz.de/10010668776
external financing costs and liquidity constraints. Findings support the hypothesis of greater investment sensitivity to … liquidity constraints, as well as increased investment sensitivity over time, for the group of independent firms. …
Persistent link: https://www.econbiz.de/10005136704
. Suitable bonds are used to compute time series of yields for the respective Länder at a daily frequency as well as a liquidity …
Persistent link: https://www.econbiz.de/10005668431
While it is developing rapidly throughout Germany, bioenergy provision is open to different development opportunities. To understand the cause–effect relationships that drive bioenergy development and explore different development options and their effects on regional development, qualitative...
Persistent link: https://www.econbiz.de/10010997175
The first section of this paper defines the terms "weak" and "strong" currency countries and analyzes the balance of payments positions of the EU member countries. It emphasizes Germany's role as the primary strong currency country in the EU and explains the broad coalition patterns that evolved...
Persistent link: https://www.econbiz.de/10009463699
The first section of this paper defines the terms "weak" and "strong" currency countries and analyzes the balance of payments positions of the EU member countries. It emphasizes Germany's role as the primary strong currency country in the EU and explains the broad coalition patterns that evolved...
Persistent link: https://www.econbiz.de/10009463923
No one seems to be neutral about the effects of EMU on the German economy. Roughly speaking, there are two camps: those who see the euro as the advent of a newly open, large, and efficient regime which will lead to improvements in European and in particular in German competitiveness; those who...
Persistent link: https://www.econbiz.de/10010958722
Persistent link: https://www.econbiz.de/10011244338