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Exploring the Role of Uncertainty for Corporate Investment Decisions in Germany
von Kalckreuth, Ulf - 2016
Persistent link: https://www.econbiz.de/10012991335
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Exploring the role of uncertainty for corporate investment decisions in Germany
Kalckreuth, Ulf von - 2000
channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … attractive. Therefore, risk may also constitute an incentive to invest. The net effect is theoretically indeterminate. The … roughly 75% of the total turnover of the west German manufacturing sector. The sample used for estimation contains 6,745 firms …
Persistent link: https://www.econbiz.de/10001511636
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Exploring the role of uncertainty for corporate investment decisions in Germany
Kalckreuth, Ulf von - 2000
channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … attractive. Therefore, risk may also constitute an incentive to invest. The net effect is theoretically indeterminate. The … roughly 75% of the total turnover of the west German manufacturing sector. The sample used for estimation contains 6,745 firms …
Persistent link: https://www.econbiz.de/10011418846
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Exploring the role of uncertainty for corporate investment decisions in Germany
von Kalckreuth, Ulf - 2000
channels. Irreversibility, financing constraints and risk aversion make a negative relationship between uncertainty and … attractive. Therefore, risk may also constitute an incentive to invest. The net effect is theoretically indeterminate. The … roughly 75% of the total turnover of the west German manufacturing sector. The sample used for estimation contains 6,745 firms …
Persistent link: https://www.econbiz.de/10010295693
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Der Einfluss regionaler und demographischer Umfeldfaktoren auf die Kosten- und Ertragssituation von Sparkassen : eine Effizienzanalyse
Conrad, Alexander; Neuberger, Doris; Trigo Gamarra, Lucinda - 2009
Aufgrund der starken regionalen Verankerung kann bei den Sparkassen ein besonderes Interesse an den Folgen des demographischen Wandels und speziell von Alterung und Abwanderung vermutet werden. Dabei sind die Sparkassen nicht nur über das Regionalprinzip eng mit einer bestimmten Region...
Persistent link: https://www.econbiz.de/10003887034
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The impact of regional and demographic factors on the efficiency of German savings banks
Conrad, Alexander; Neuberger, Doris; Trigo Gamarra, Lucinda - 2009
This paper examines the influence of environmental factors on technical, cost, scale and revenue efficiency of German savings banks in 2001‐2005. Taking into account growing regional disparities in economic wealth and population size, it differentiates between declining and growing regions....
Persistent link: https://www.econbiz.de/10003941228
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Financing Constraints, Firm Level Adjustment of Capital and Aggregate Implications
von Kalckreuth, Ulf - 2016
adjustment takes place. A set of moment conditions for the use in GMM estimation is developed, to cope with the problem of time …
Persistent link: https://www.econbiz.de/10012991123
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Exports Versus FDI in German Manufacturing : Firm Performance and Participation in International Markets
Arnold, Jens Matthias - 2016
Persistent link: https://www.econbiz.de/10012991199
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Exports versus FDI in German manufacturing: firm performance and participation in international markets
Arnold, Jens Matthias; Hussinger, Katrin - 2006
This paper tests some of the predictions of recent advances in trade theory that have focused on different trade patterns of firms within the same sector. Helpman, Melitz and Yeaple (2005) develop a model in which innate productivity differences between firms determine the degree of...
Persistent link: https://www.econbiz.de/10010295792
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Financing constraints, firm level adjustment of capital and aggregate implications
von Kalckreuth, Ulf - 2008
adjustment takes place. A set of moment conditions for the use in GMM estimation is developed, to cope with the problem of time …
Persistent link: https://www.econbiz.de/10010295882