Narrow search
Showing 1 - 10 of 137
Cover Image
Financial intermediaries, markets, and growth.
Fecht, Falko; Huang, Kevin X. D.; Martin, Antoine - Federal Reserve Bank of Philadelphia - 2004
share risk is constrained by the market. This can be beneficial because intermediaries invest less in the productive … technology when they provide more risk-sharing. Our model predicts that bank-oriented economies should grow slower than more …
Persistent link: https://www.econbiz.de/10005512354
Cover Image
Essays on treatment effect estimation
Rehse, Dominik - 2015
Persistent link: https://www.econbiz.de/10011526496
Cover Image
The dark and the bright side of liquidity risks : evidence from open-end real estate funds in Germany
Fecht, Falko; Wedow, Michael - 2009
We use a unique and comprehensive data set on open-end real estate funds in Germany to study a liquidity crisis that hit this industry between 2005 and 2006. Since this industry is comparably unregulated our data set permits us to contrast competing explanations of liquidity crisis. We find that...
Persistent link: https://www.econbiz.de/10003882920
Cover Image
The dark and the bright side of liquidity risks : evidence from open-end real estate funds in Germany
Fecht, Falko; Wedow, Michael - In: Journal of financial intermediation 23 (2014) 3, pp. 376-399
Persistent link: https://www.econbiz.de/10010473434
Cover Image
Open-end real estate funds in Germany : genesis and crisis
Bannier, Christina E.; Fecht, Falko; Tyrell, Marcel - In: Kredit und Kapital 41 (2008) 1, pp. 9-36
Persistent link: https://www.econbiz.de/10003715843
Cover Image
Open-end real estate funds in Germany : genesis and crisis
Bannier, Christina E. (contributor);  … - 2007
Open-end real estate funds are of particular importance in the German bank- dominated financial system. However, recently the German open-end fund industry came under severe distress which triggered a broad discussion of required regulatory interventions. This paper gives a detailed description...
Persistent link: https://www.econbiz.de/10003446268
Cover Image
Open-end real estate funds in Germany : genesis and crisis
Bannier, Christina E. (contributor);  … - 2006
Open-end real estate funds are of particular importance in the German bankdominated financial system. However, recently the German open-end fund industry came under severe distress which triggered a broad discussion of required regulatory interventions. This paper gives a detailed description of...
Persistent link: https://www.econbiz.de/10003326727
Cover Image
The Dark and the Bright Side of Liquidity Risks : Evidence from Open-End Real Estate Funds in Germany
Fecht, Falko - 2016
We use a unique and comprehensive data set on open-end real estate funds in Germany to study a liquidity crisis that hit this industry between 2005 and 2006. Since this industry is comparably unregulated our data set permits us to contrast competing explanations of liquidity crisis. We find that...
Persistent link: https://www.econbiz.de/10012989255
Cover Image
Open-End Real Estate Funds in Germany : Genesis and Crisis
Bannier, Christina E. - 2016
Open-end real estate funds are of particular importance in the German bank- dominated financial system. However, recently the German open-end fund industry came under severe distress which triggered a broad discussion of required regulatory interventions. This paper gives a detailed description...
Persistent link: https://www.econbiz.de/10012989298
Cover Image
The Dark and the Bright Side of Liquidity Risks : Evidence from Open-End Real Estate Funds in Germany
Fecht, Falko - 2009
We use a unique and comprehensive data set on open-end real estate funds in Germany to study a liquidity crisis that hit this industry between 2005 and 2006. Since this industry is comparably unregulated our data set permits us to contrast competing explanations of liquidity crisis. We find that...
Persistent link: https://www.econbiz.de/10013155700