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This paper is a small summary of a much broader project that analyzes the collective investment institutions in Spain …
Persistent link: https://www.econbiz.de/10014242806
This report offers a detailed documentation and assessment of the differences in real productive investment between the … the US. The study considers various measures: investment gaps (defined as the difference in investment rates); the growth … investment dynamics to the discussion. The findings indicate the existence of a gap in productive investment in the period since …
Persistent link: https://www.econbiz.de/10014457515
Persistent link: https://www.econbiz.de/10001155807
Persistent link: https://www.econbiz.de/10001194635
This paper uses a new panel data set to perform a statistical analysis of political regimes and sovereign credit risk in Europe from 1750 to 1913. Old Regime polities typically suffered from fiscal fragmentation and absolutist rule. By the start of World War I, however, many such countries had...
Persistent link: https://www.econbiz.de/10014224049
In this study we investigate the determinants of financing obstacles using survey data on a sample of around 5000 firms from the euro area countries. This completely new survey - started at the end of 2009 - gives us the opportunity to test whether firm characteristics such as size, age,...
Persistent link: https://www.econbiz.de/10008901467
During the recent financial crisis, euro area firms, and especially Small and Medium-sized Enterprises, have been reporting acute problems of access to external finance. Using firm-level replies to the SME survey on access to finance, we use two indicators of financing constraints based on...
Persistent link: https://www.econbiz.de/10009380414
This paper examines the Lucas Paradox and the Allocation Puzzle of international capital flows referring to a panel data set of EMU countries and major industrialized and emerging economies. Overall, the results do not provide evidence in favour of the Lucas Paradox and the Allocation Puzzle....
Persistent link: https://www.econbiz.de/10010359511
This paper examines the Lucas Paradox and the Allocation Puzzle of international capital flows referring to a panel data set of EMU countries and major industrialized and emerging economies. Overall, the results do not provide evidence in favour of the Lucas Paradox and the Allocation Puzzle....
Persistent link: https://www.econbiz.de/10010249651
During the recent financial crisis, euro area firms, and especially Small and Medium-sized Enterprises, have been reporting acute problems of access to external finance. Using firm-level replies to the SME survey on access to finance, we use two indicators of financing constraints based on...
Persistent link: https://www.econbiz.de/10013092075