Does financial sector foreign direct investment (FSFDI) trigger general capital inflows and foreign trade? Do these inflows to New EU Member States (NMS) provide positive signals (Spence, 1973) towards economic development or 'crowd out' investment and trade? While the direct impact of financial...

Die vorliegende Arbeit untersucht zum ersten Mal sowohl die Beziehung der Nettoemissionsvolumina der aggregierten Anleihen als auch der einzelnen Anleihensektoren separat zum Wirtschaftswachstum. Des Weiteren werden erstmals Quartalsdaten verwendet. Granger-Kausalitäten werden für Zeitreihen...

1) Financing Firms in East European Countries: An Asymmetric Information and Agency Costs Approach, by Debora Revoltella 2) Seven Years of Financial Market Reform in Central Europe, by Peter H. Haiss and Gerhard Fink.

The 27th SUERF Colloquium in Munich in June 2008: New Trends in Asset Management: Exploring the Implications was already topical in the Summer of 2008. The subsequent dramatic events in the Autumn of 2008 made the presentations in Munich even more relevant to investors and bankers that want to...