Showing 1 - 10 of 71
The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in “normal” times and are more resilient in “bad” ones. For this purpose, we measure the...
Persistent link: https://www.econbiz.de/10011443947
The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in “normal” times and are more resilient in “bad” ones. For this purpose, we measure the...
Persistent link: https://www.econbiz.de/10011381424
The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in 'normal' times and are more resilient in 'bad' ones. For this purpose, we measure the intermediation...
Persistent link: https://www.econbiz.de/10011382433
This paper examines whether European regions which incorporate banks with a higher intermediation quality grow faster and are more resilient to negative shocks than its less efficient peers. For this purpose, we measure a bank's intermediation quality by estimating its pro t and cost efficiency...
Persistent link: https://www.econbiz.de/10011606028
The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which incorporate banks with a higher intermediation quality grow faster in 'normal' times and are more resilient in 'bad' ones. For this purpose, we measure the intermediation...
Persistent link: https://www.econbiz.de/10011622963
Persistent link: https://www.econbiz.de/10011619943
Persistent link: https://www.econbiz.de/10011647453
The process of modernization is neither instantaneous nor homogeneous across countries. Given the large productivity growth gap between traditional and modern sectors, the gradual and varying degree of transition between these technologies seems puzzling. We develop a theory of transition that...
Persistent link: https://www.econbiz.de/10005537360
Persistent link: https://www.econbiz.de/10005090810
divergence are associated with faster subsequent rates of convergence to the frontier. In this paper, we construct and …
Persistent link: https://www.econbiz.de/10005069218