This paper studies the impact of European bank mergers and acquisitions on changes in key safety and soundness measures of both acquirers and targets. We find that capitalization, profitability and liquidity show signs of statistically and economically signifi cant mean reversion for acquirers....

En este estudio investigamos los determinantes de las emisiones denominadas en dólares de deuda a largo plazo por parte de la banca europea. Para ello empleamos una base de datos que permite explorar los factores que, según la literatura, explican las emisiones en moneda extranjera. Incluimos...

Este documento es uno de los primeros en investigar los determinantes en la emisión de bonos por parte de las entidades bancarias europeas. Utilizamos una base de datos única de en torno a 50.000 bonos emitidos por 63 bancos de 14 países europeos para comprobar explícitamente una serie de...

We have assembled two British data sets to re-examine the behaviour of real wages over the 1927-1937 cycle that contained the Great Depression. Both provide a degree of micro detail that greatly exceeds previous studies. The first consists of annual wages for 36 manufacturing industries. The...

Die deutschen Unternehmen müssen Strategien entwickeln, die Arbeitsfähigkeit und Gesundheit ihrer älter werdenden Belegschaft bis zum Rentenalter von 67 Jahren zu erhalten bzw. zu verbessern. Dabei kommt der Arbeitszeitgestaltung eine besondere Bedeutung zu.Im Rahmen von zehn Teilprojekten in...

This paper discusses the energy savings that could be obtained in Sweden by instituting specific standards for five appliances: Refrigerators, freezers, dishwashers, clothes washers, and clothes dryers. At the present time, Sweden has no minimum energy efficiency standards for residential...

The CFE Treaty will provide for limits on NATO and WTO forces, particularly tanks, armored personnel carriers, artillery, and helicopters. In addition to the overall limits on TLEs in the ATTU zone, there are expected to be secondary limits on single country forces, limits on forces based in...