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This paper examines German reunification from its inception. It shows that after the rapid expansion of the early years, former East Germany entered a phase of slow growth that made it impossible to bridge the gap with West Germany. Unemployment remains high, low growth rates appear ingrained,...
Persistent link: https://www.econbiz.de/10005092588
We study, what Switzerland can learn from the disappearance of the property insurance monopolies in Germany. We show that the German insurance monopolies did not fight hard enough to defend their interests. a) Most of them knew that they would be bought up by another public insurance company....
Persistent link: https://www.econbiz.de/10005481743
Dieser Beitrag untersucht die Evolution der IT-Outsourcing-Industrie in Deutschland von 1990 bis 2006 aus Sicht der Industrielebenszyklusforschung. Ein neu erarbeiteter Datensatz wird daraufhin analysiert, inwieweit ein Shakeout vorliegt bzw. in welchen Punkten sich die Entwicklung in einer...
Persistent link: https://www.econbiz.de/10003811843
Strong lending relationships between banks and small and medium-sized enterprises (SMEs) play a key role in the bank-based financial system of Germany. So far, they have been mainly described by the notion of an housebank and transactional features of long-term bank-customer relationships. The...
Persistent link: https://www.econbiz.de/10011540313
This paper investigates the performance of Germany's three-pillar banking system in providing financial services … demographic branch penetration of the regional savings and cooperative banks. Both banking groups provide a larger branch …, easing access to retail banking services. With their comparatively large branch penetration in less wealthy regions, public …
Persistent link: https://www.econbiz.de/10003886349
Banks continue to differ in many ways, for instance with respect to business models, growth strategies, or financial health. Neglecting these differences confuses inefficiency with heterogeneity while sub-sample estimation prohibits efficiency comparisons across different samples. We use a...
Persistent link: https://www.econbiz.de/10012989271
Over the past year, the proportion of women serving on the executive and supervisory boards of the top 100 largest banks in Germany rose slightly to almost nine and 23 percent, respectively. However, growth has come to a halt in the 60 largest insurance companies: on both executive and...
Persistent link: https://www.econbiz.de/10011794219
The proportion of women on executive boards of the 100 largest banks stagnated at almost nine percent in 2018. In the 60 largest insurance companies, the proportion increased by a good percentage point to almost ten percent. While growth on executive boards has been weakening in past years, it...
Persistent link: https://www.econbiz.de/10011958941
between the capitalization of the banking sector and bank loans using panel cointegration models. We study the evolution of …
Persistent link: https://www.econbiz.de/10009547498
Start-up firms often face difficulties in raising external funds. Employing a unique panel dataset covering 9,715 start-up firms over the period 2007-2009, we find that high-tech startups are less likely to use bank finance and face more difficulties in raising bank finance than low-tech...
Persistent link: https://www.econbiz.de/10009540878