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ökonomischen wie auch nicht-ökonomischen Modelle wird die mikroökonomische Theorie der Insitutionenökonomik, hier insbesondere des … surveying the transaction cost theory.// With alteration of mass production of standardised products into assembly of highly … complex goods, the manufacturers are faced with necessity to invest increasing funds for research and development, production …
Persistent link: https://www.econbiz.de/10009467182
In dieser Arbeit wird ein Modell zur integrierten Verkehrsnachfrage- und Nutzenberechnung für den privaten Personenverkehr entwickelt, mit dem eine harmonisierte Bewertung der entscheidungsrelevanten Aufwände der Verkehrsteilnehmer in der Verkehrsnachfragemodellierung und der...
Persistent link: https://www.econbiz.de/10009480970
This paper examines the European Community’s regulatory regime for insurance with a view to current efforts to achieve a greater degree of market liberalisation on the global level. It draws on Peter Holmes’ and Alasdair Young’s argument that the EU has pioneered trade liberalisation in a...
Persistent link: https://www.econbiz.de/10009463693
This chapter asks why and how services that are not previously thought of as tradable have increasingly been opened up to international competition in EU member states including even in Germany. The chapter contrasts an explanation that focuses on the impact of economic interests with an...
Persistent link: https://www.econbiz.de/10009463700
[From the Introduction]. This paper reviews single market regulation, with particular reference to the financial sector and uses this as a foundation to consider the process whereby a European market is developing. Unlike much previous analysis which has emphasized the role of state interests...
Persistent link: https://www.econbiz.de/10009463725
This ECMI Policy Brief attempts to contribute to the ongoing policy debate on MiFID art. 65.1, which tasks the Commission with conducting a study to report on whether the trade transparency requirements that currently apply to share trading ought to be extended to non-equity markets. It presents...
Persistent link: https://www.econbiz.de/10009463733
sync with the lessons of modern portfolio theory. ECMI is an independent research body specialising in research on capital …
Persistent link: https://www.econbiz.de/10009463734
The report provides evidence of low protection of companies against the risks of the lack of payment from their buyers and the impact of bad debts in their financial situation, which is especially harmful for SMEs. While most of commercial trade is carried out on the basis of credit, the...
Persistent link: https://www.econbiz.de/10009463736
Public authorities overseeing the International Financial Reporting Standards (IFRS) Foundation, through the Monitoring Board in place sinceearly 2009, should encourage the Foundation to make itself more directlyaccountable to the global investment community. The Monitoring Board should...
Persistent link: https://www.econbiz.de/10009463746
This paper outlines the changing financial scene in The Czech Republic, which is following the global pattern of institutional investors taking over the role of commercial banks as relationship banking is gradually giving way to transaction-driven banking. Investment-grade companies have become...
Persistent link: https://www.econbiz.de/10009463761