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lending, borrower quality and collateral as a key variable in loan contract design. We used a unique data set based on the … decision-making and contract design. In particular, bank internal borrower ratings serve to evaluate borrower quality, and the … contract design is mainly driven by aspects of relationship lending and renegotiations. We found that relationship lenders or …
Persistent link: https://www.econbiz.de/10009768264
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Long-term minimum return guarantees sold by European life insurers increasingly become binding as interest rates decline. While participating contracts embedding these guarantees are designed to share market risk across investor cohorts when guarantees are not binding, we study how binding...
Persistent link: https://www.econbiz.de/10013232134
Long-term minimum return guarantees sold by European life insurers increasingly become binding as interest rates decline. While participating contracts embedding these guarantees are designed to share market risk across investor cohorts when guarantees are not binding, we study how binding...
Persistent link: https://www.econbiz.de/10012497374
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Chapter 1. Introduction -- Chapter 2. Theories of Contract and Contract Law -- Chapter 3. Disagreement, Conflict, and … Retaliation in Breach of Contract -- Chapter 4. Reciprocity and Legal Relief in Breach of Contract -- Chapter 5. Retaliation …This book analyzes the conflict that emerges between parties after a breach of contract and how different legal …
Persistent link: https://www.econbiz.de/10013461565
compensated ex ante by a higher wage when agreeing to a long term contract. Using data from the German "Bundesliga", our model … contract theory ; long-term contracts ; breach of contract ; sports economics …
Persistent link: https://www.econbiz.de/10003777942
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Unternehmensgründungen gelten als Träger der Beschäftigungsexpansion. Diese Wahrnehmung stützt sich auf eine breite Palette empirischer Erkenntnisse, theoretische Erklärungsansätze existieren aber nur vereinzelt. Der Autor entwickelt Bausteine zu einer solchen, mit der Empirie zu...
Persistent link: https://www.econbiz.de/10011402026