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...

Public policy has played a critical role in creating and shaping global renewable energymarkets. Yet 30 years since the passage of the first federal program in the U.S., under thePublic Utilities Regulatory Policies Act (PURPA), renewable power generation still constitutesless than three percent...

This articlefocuses on the relative levels of farm sector productivity forthe United States and nine European countries for the period1973 to 1993. At the beginning of the period, Belgium had thehighest level of productivity relative to the United States at1.689. Ireland had the lowest relative...

Since the early 1990s the CEE markets have undergone a major transition. This has led to changes in ownership for many indigenous firms as they moved from state to private control. This paper contributes to a gap in existing knowledge by developing understanding of how the realized strategic...

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...