undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension …

undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension …

We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate … traditional efficiency scores with stochastic cost and alternative profit frontier analysis. Then, we explicitly allow for … different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal …

achieve higher microeconomic efficiency and foster economic growth, whilst also aspiring to reduce public sector borrowing … performances of private, public and mixed enterprises in Germany is compared through the use of factor analysis method. The …

Research usually finds a positive size-efficiency relationship, but few studies focus on sectors dominated by small and …, the greatest inefficiencies. Thus, the size-efficiency relationship is U-shaped rather than monotonically increasing … less efficient than firms with personally liable owners. Being located in either East or West Germany has no effect …

In this paper we review the main findings on competition and efficiency for the German banking sector. Our aim is to … give a bird view of the evolution during the past 15 years. Previous studies on Germany point to a banking system dominated … by monopolistic competition and moderate cost efficiency. Competition and efficiency seem to be positively related …

The current system set up to boost the economy in eastern Germany turns out to be expensive and little efficient: There … the poor economic performance should let the east German laender out of Germany's rigid institutional framework. This … reach for a unique competitive position. The transfers to East Germany's laender shouldn't be paid within the federal …