​This paper discusses the effects of small banks on economic growth. We first theoretically show that small banks operating at a regional level can spur local economic growth. As compared with big interregional banks, small regional banks are more effective in promoting local economic growth,...

Vor dem Hintergrund einer relativ begrenzten Investitionstätigkeit in Next GenerationAccess (NGA) in Deutschland untersucht dieser Beitrag, welche ökonomischen Anreizstrukturenhinsichtlich von Investitionen in NGA bestehen. Eventuell bestehendeHemmnisse für Investitionen werden analysiert und...

Contractual and regulatory provisions for access affect incentives to invest in an upgraded network and, in particular, a next-generation access network. Investment decisions are made under uncertainty and have to be made over time. This papers provides a framework for taking uncertainty, risk...