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The recently witnessed financial turmoil and the current international stability context have demonstrated the need for a deeper understandingabout ex-ante international asset price fluctuations. Moreover, it is now more evident that very little is known about real estate securities and their...
Persistent link: https://www.econbiz.de/10009429017
The role played by monetary policy in creating the conditions that culminated in the current crisis and the failure of the Fed’s efforts to end the credit freeze in 2008 are critical components of the analysis needed as a backdrop for reform. This paper argues that the link between excess...
Persistent link: https://www.econbiz.de/10009467796
innovative. The fifth chapter studies the knowledge spillover from schools to firms and from firms to firms. The sixth chapter …, innovativer waren. Das fünfte Kapitel studiert die Kenntnis-Spillover von Schulen zu Firmen und von Firmen zu Firmen. Das sechste …
Persistent link: https://www.econbiz.de/10009475363
This paper examines the transmission of equity returns and volatility among Asian equity markets and investigates the differences that exist in this regard between the developed and emerging markets. Three developed markets (Hong Kong, Japan and Singapore) and six emerging markets (Indonesia,...
Persistent link: https://www.econbiz.de/10009437447
the export spillover effect examining a case of an emerging economy, namely India for the period 1994-2006. By using a … firm level dataset of around 3000 firms belonging to the manufacturing industries, we test for the export spillover … hypothesis using a two step modelling strategy (Heckman selection model). In building the spillover variables we disentangle …
Persistent link: https://www.econbiz.de/10009476048
The financial crisis of 2007-2008 led to extraordinary government intervention in firms and markets. The scope and depth of government action rivaled that of the Great Depression. Many traded markets experienced dramatic declines in liquidity leading to the existence of conditions normally...
Persistent link: https://www.econbiz.de/10009477864
This thesis aims to identify and to close some gaps in the literature dealing with business strategies towards the creation, absorption and dissemination of new technologies. In doing so it comprises four theoretical papers. The following abstracts and Figure 1 briefly link each paper to one ore...
Persistent link: https://www.econbiz.de/10009449680
This dissertation empirically tests the impacts of telecommunications infrastructure as well asits spillover effects on … growth; 3) that negative and significant spillover effects oftelecommunications infrastructure are identified for total …
Persistent link: https://www.econbiz.de/10009458942
Im ersten Teil der Arbeit wird untersucht, wie die Existenz von Lerneffekten mit Spillover das optimale Verhalten der … Subventionspolitik aussehen muss. Es zeigt sich, dass Lerneffekte mit Spillover die Ursache von sowohl Marktein- als auch Marktaustritt … Windenergieanlagenhersteller (WEA) (bei Vorliegen von Lern-Spillover) internalisiert werden sollten. Im empirischen Teil der Arbeit wird untersucht …
Persistent link: https://www.econbiz.de/10009429013
The purpose of this thesis is to argue that the core of a monetary economy is a network of triangular contracts between banks, firms, workers and capital goods suppliers. Not only does this network give rise to the creation and valuation of money but it is the organising feature of modern...
Persistent link: https://www.econbiz.de/10009465939