Die vorliegende Studie Zur wettbewerblichen Wirkung des Zweivertragsmodells imdeutschen Gasmarkt analysiert die Auswirkungen des neuen Entry-Exit-Modells inDeutschland auf die Entwicklung von Liquidität und Marktmachtsituation der entstehendenMärkte. Ziel ist dabei die Ableitung von...

Much of the recent literature on price transmission focuses on whether price changesoccurring at one stage of the food sector are fully transmitted in changes to retail prices. Therole of market structure in determining the degree of price transmission is often emphasised,the presumption being...

This paper develops a model in order to explore how a banks equity stake in a competitor of a borrower affects the financing relationship with the borrower and product market outcomes.

[...]In the first half of the paper, we review the significantchanges in the housing finance system over the past thirty yearsand discuss the implications of these changes for the cost andavailability of mortgage credit. In the second half, we present atwo-part econometric analysis of the...

[...]This article attempts to bridge some of the gap betweenresearch on real-side FDI and work on financial sector FDI bypresenting a selective survey of the literature. We argue thatreal-side and financial sector FDI share many features.Accordingly, there are many lessons in the research that...

[...]These political considerations may seem tangential to thesubject of price hedonics, but the events following fromGreenspan’s remark have linked the two issues. First, theSenate Finance Committee consulted a panel of experts, andthat panel reached a consensus supporting...

Initiated by the seminal work of Diamond/Dybvig (1983) and Diamond (1984), advances in the theory of financial intermediation have sharpened our understanding of the theoretical foundations of banks as special financial institutions. What makes them "unique" is the combination of accepting...