Showing 1 - 10 of 291
Bank consolidation is a global phenomenon. It may enhance the value of firms in the industry if, for example, it is … scale economies as a driver of bank consolidation, but it also suggests that the benefits of asset acquisitions are not …
Persistent link: https://www.econbiz.de/10010318372
В данном дискуссионном материале представлены результаты проводимого в 2003 году анкетирования по основным экономическим вопросам в 104 сельскохозяйст- венных...
Persistent link: https://www.econbiz.de/10010299355
arising from the existing system of separate accounting. The blueprints for consolidation are simulated with the applied … consolidation. The gains from consolidation can be fully grasped if it is obliged for all firms and accompanied by harmonisation of …
Persistent link: https://www.econbiz.de/10010325455
We suggest a full consolidation approach that takes into account the property rights structure whithin the subsidiaries …
Persistent link: https://www.econbiz.de/10010332840
Previous work on exit in declining industries has neglected mergers. We examine a simple model that predicts which declining industries experience horizontal mergers. Mergers are more likely if 1) market concentration is high; 2) the inverse demand curve is steep at high levels of output and...
Persistent link: https://www.econbiz.de/10010334622
benefits of consolidation have to be re-assessed given that industrialised countries have entered uncharted waters with … fiscal consolidation without delay and that there is a need for caution against excessive faith in fiscal engineering. …
Persistent link: https://www.econbiz.de/10011606273
The public purchasing of food from family farming has the potential to ensure that vulnerable populations have access to locally produced food, income generation, strategic stockpiling and food assistance, by providing food to schools, restaurants, hospitals and other public institutions. This...
Persistent link: https://www.econbiz.de/10012030396
I present a simple estimated model of the New Zealand economy which is used to assess the sensitivity of the impact multiplier and output losses associated with fiscal consolidations to uncertainty over model parameters. I find that, in normal times, the fiscal multiplier can be expected to lie...
Persistent link: https://www.econbiz.de/10012115655
fast consolidation after the Great Recession coincided with the transition period for the full introduction of the federal … analysis of the "structural" consolidation of public finances in Germany for the period from 1991 until 2017 showing that the … German debt brake is not the cause of the successful budget consolidation in Germany since 2010. The improvement of the …
Persistent link: https://www.econbiz.de/10011905162
This paper evaluates the reduction of credit risk that can be achieved in Switzerland by a national diversification of bank lending. Using a credit risk model based on corporate default rates, I find that the risk of a nationally diversified loan portfolio is up to 20% smaller than the sum of...
Persistent link: https://www.econbiz.de/10011933150