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) within Europe. However, along with the internationalization of Korean firms, the motives and patterns for direct investments … MNEs within Europe are analyzed. The main findings indicate that Germany is considered more important to automobile …
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We investigate financing constraints in a large cross-country data set covering most of the European economy. Firm level investment sensitivity to cash flow is used to identify financing constraints. We find that the sensitivities are significantly positive on average, controlling for country...
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SHARE is an international survey designed to answer the societal challenges that face us due to rapid population ageing. How do we Europeans age? How will we do economically, socially and healthwise? How are these domains interrelated? The authors of this multidisciplinary book have taken a...
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aircraft manufactures but also negatively influences the reputation of the WTO and impairs its ability to act as an effective …
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We examine the effect of exchange-rate misalignments on competition in the market for large commercial aircraft. This …-run dynamics of competition. We conclude that due to the duopolistic nature of the aircraft market, Airbus will pass only a small … aircraft industry, such as customer switching costs and learning-by-doing, even a temporary departure of the exchange rate from …
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