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Der Untertitel sagt treffend, worum es im neuen Buch des ehemaligen IBM-Deutschland-Chefs und Präsidenten des BDI und der Leibniz-Gemeinschaft geht, um das Versagen von Wirtschaft und Politik. "Henkels kompromisslose Analyse zeigt, dass die herkömmlichen Erklärungsmuster nicht greifen:...
Persistent link: https://www.econbiz.de/10003872635
Persistent link: https://www.econbiz.de/10008668872
die Weltwirtschaft gegenwärtig in der schwersten Finanzkrise seit dem zweiten Weltkrieg befindet. Der Vergleich mit der …
Persistent link: https://www.econbiz.de/10003933040
die Weltwirtschaft gegenwärtig in der schwersten Finanzkrise seit dem zweiten Weltkrieg befindet. Der Vergleich mit der …
Persistent link: https://www.econbiz.de/10011927484
This paper uses several macroeconomic and financial indicators within a Markov Switching (MS) framework to predict the turning points of the business cycle. The presented model is applied to monthly German real-time data covering the recession and the recovery after the financial crisis. We show...
Persistent link: https://www.econbiz.de/10009616498
We empirically investigate the effect that relationship lending has on the availability and pricing of interbank liquidity. Our analysis is based on a daily panel of unsecured overnight loans between 1,079 distinct German bank pairs from March 2006 to November 2007, a period that includes the...
Persistent link: https://www.econbiz.de/10012984856
with theory that relationship lenders have private information about the creditworthiness of their close borrowers …
Persistent link: https://www.econbiz.de/10012988824
significantly influencing the risk-taking attitudes of bank managers. Particularly, we intend to substantiate the theory that banks …
Persistent link: https://www.econbiz.de/10009515838
Persistent link: https://www.econbiz.de/10003762933
This paper aims to shed light on some of the major allocative consequences of financial market bubbles. In March 1997 … of corporate financing shows that bubbles on financial markets will induce entrepreneurs and providers of external … the success of the enterprises considered. -- Bubbles ; corporate governance ; quantile regressions ; nonparametric …
Persistent link: https://www.econbiz.de/10008653397