Diese Arbeit besteht aus vier Essays, die empirische und methodische Beiträge zur Messung von Konjunkturzyklen und deren Zusammenhänge zu demographischen Variablen liefern. Der erste Essay analysiert unter Zuhilfenahme eines Bayesianischen Dynamischen Faktormodelles die Volatilität des...

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...

Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic planning and implementation. The World Bank heralds both countries as prime examples of how market-friendly capitalist systems can be implemented over a short period of time with...

Sanjaya Lall saw economic development as an evolutionary process, with technological learning at its heart. This essay lays out the key differences between an evolutionary theory of economic activity and change, and the neoclassical theory as articulated in economic text books. It argues that...

A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...

A kis- és közepes méretű vállalkozások világszerte nagyon színes képet mutatnak, többnyire a kereskedelemben, a szolgáltató szektorban működnek, de jelentős a szerepük a mezőgazdaságban is. Számos tanulmány születik világszerte a vállalkozásokról, azok piaci...