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Firms' investment decisions in response to demand and price uncertainty
Fuss, Catherine; Vermeulen, Philip - 2004
We estimate the effect of demand and price uncertainty on firms’ investment decisions from a panel of manufacturing … investment, while price uncertainty is insignificant. This is consistent with the behavior of monopolistic firms with … irreversible capital (Caballero, 1991). Further, firms revise their investment plans very little. They may do so in response to new …
Persistent link: https://www.econbiz.de/10009639401
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E-skills, competitiveness and employability
Lanvin, Bruno
Persistent link: https://www.econbiz.de/10009640862
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Central Asia Invest : Boosting small business competitiveness
Europäische Kommission / Generaldirektion … - 2015
Persistent link: https://www.econbiz.de/10011624977
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Cooperation in international banking supervision
Holthausen, Cornelia; Rønde, Thomas - 2004
This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...
Persistent link: https://www.econbiz.de/10009636539
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Implementing optimal control in cointegrated I(1) structural VAR models
Monti, Francesca V. - 2003
This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...
Persistent link: https://www.econbiz.de/10009635883
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Bank mergers, competition and liquidity
Carletti, Elena; Hartmann, Philipp; Spagnolo, Giancarlo - 2003
We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete …
Persistent link: https://www.econbiz.de/10009635892
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Finance and growth in the EU
De Ávila, Diego Romero - 2003
deregulation and harmonisation of banking laws at the EU level has brought about on growth over the last 40 years. Our main …
Persistent link: https://www.econbiz.de/10009635911
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European competitiveness report 2003
Europäische Kommission - 2003
Persistent link: https://www.econbiz.de/10009637723
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Institutions and service employment
Messina, Julián - 2004
We live in a service economy, but the extent of development of service employment differs across developed countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD...
Persistent link: https://www.econbiz.de/10009636543
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Pricing payment cards
Bedre-Defolie, Özlem; Calvano, Emilio - 2009
qualitative results are robust to imperfect issuer competition, imperfect acquirer competition, and to other factors affecting …
Persistent link: https://www.econbiz.de/10009640439