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Quality of Institutions, Credit Markets and Bankruptcy
Hainz, Christa - 2005
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank …. We show that institutions must improve significantly in order to yield a stable equilibrium in which the optimal number … of firms is liquidated. There is also a range where improving institutions may decrease the number of bad firms …
Persistent link: https://www.econbiz.de/10010295971
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Effects of third party errors
Šastitko, Andrej E. - 2013
Type-I and type-II errors effects do matter both from the rules enforcement perspective and vertically upward to rules enactment. The paper support conventional idea about detrimental influence on deterrence of both types of errors. At the same time special role of type-I errors is demonstrated...
Persistent link: https://www.econbiz.de/10011372377
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Creditor passivity: the effects of bank competition and institutions on the strategic use of bankruptcy filings
Hainz, Christa - 2007
intensifies. We find that the better the institutions and the more competitive the banking sector, the higher the bank's incentive …
Persistent link: https://www.econbiz.de/10010264275
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Quality of Institutions, Credit Markets and Bankruptcy
Hainz, Christa - 2004
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank … institutions must improve significantly in order to yield a stable equilibrium in which the optimal number of firms is liquidated …. However, in a particular range, improving institutions may even decrease the number of bad firms liquidated. …
Persistent link: https://www.econbiz.de/10010427399
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Creditor Passivity: The Effects of Bank Competition and Institutions on the Strategic Use of Bankruptcy Filings
Hainz, Christa - 2007
intensifies. We find that the better the institutions and the more competitive the banking sector, the higher the bank’s incentive …
Persistent link: https://www.econbiz.de/10010427508
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Institutionelle Determinanten der Erwerbsarbeit zur Notwendigkeit einer Gender-Perspektive in den Wirtschaftswissenschaften
Holst, Elke - 2001
In this paper institutions are understood as rules of individual behavior. The focus is on the impacts of institutions … West Germany. In the background of this analysis, the influence of institutions on the allocation of resources is examined …
Persistent link: https://www.econbiz.de/10010260759
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Quality of institutions, credit markets and bankruptcy
Hainz, Christa - 2004
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank …. We show that institutions must improve significantly in order to yield a stable equilibrium in which the optimal number … of firms is liquidated. There is also a range where improving institutions may decrease the number of bad firms …
Persistent link: https://www.econbiz.de/10010261107
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Implications of the Transatlantic Trade and Investment Partnership (TTIP) for investment flows between the European Union and the USA
Witkowska, Janina - In: Comparative Economic Research. Central and Eastern Europe 20 (2017) 3, pp. 25-39
The Transatlantic Trade and Investment Partnership (TTIP) is a controversial subject, but at the same time it is perceived to be the most comprehensive international agreement on free trade and investment protection. Among the topics that evoke criticism on the part of different social groups is...
Persistent link: https://www.econbiz.de/10011922457
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Rady fiskalne jako element koncepcji fiscal governance w panstwach czlonkowskich Unii Europejskiej
Dziemianowicz, Ryta; Kargol-Wasiluk, Aneta; Budlewska, … - 2015
Fiscal governance oznacza kombinacje instytucji, zasad i norm, definiujacych dobre rzadzenie (tzw. good governance) w dziedzinie polityki fiskalnej. Jest specyficznym mechanizmem koordynacji polityki fiskalnej, poslugujacym sie takimi narzedziami, jak: procedura budzetowa (legislacyjne reguly...
Persistent link: https://www.econbiz.de/10012232412
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'El Mediterráneo europeo': Una imagen de marca común frente a los países lejanos para los destinos tradicionalmente turísticos de la Unión Europea
Jiménez García, Mercedes - 2008
Today tourism is one of the economic fields with a bigger contribution to the GDP in some countries. Lately these countries have witnessed how this industry became key to their economy. France, Spain Italy and Greece too, the so-called 'Mediterranean Arch' stand out within the framework of the...
Persistent link: https://www.econbiz.de/10010280996