Showing 1 - 10 of 12,788
financial risk, but would also impose austerity on the rest of Europe. The resulting new wave of crisis could trigger a new …
Persistent link: https://www.econbiz.de/10008798227
financial risk, but would also impose austerity on the rest of Europe. The resulting new wave of crisis could trigger a new …
Persistent link: https://www.econbiz.de/10013094029
This paper examines the international credit portfolios of German banks. We construct a bank-country panel from a unique dataset for a representative set of countries and ask why banks leave diversification opportunities unexploited in some countries. Controlling for bank heterogeneity, we...
Persistent link: https://www.econbiz.de/10009656123
This paper examines the international credit portfolios of German banks. We construct a bank-country panel from a unique dataset for a representative set of countries and ask why banks leave diversification opportunities unexploited in some countries. Controlling for bank heterogeneity, we...
Persistent link: https://www.econbiz.de/10012988810
A central ambition of the Lisbon Agenda and Europe 2020 is promoting greater innovation in Europe. This paper … governments or firms in Europe. National capitalisms and their innovation systems have nonetheless changed in important ways, one …
Persistent link: https://www.econbiz.de/10014179334
While many studies have demonstrated the impact of weather conditions along with lunar phases on stock markets, this paper explores the impact of lunar phases on the bank lending channel for a sample of European banks, using the GMM estimator methodology, suggested in Arellano and Bond (1991),...
Persistent link: https://www.econbiz.de/10013128811
While many studies have demonstrated the impact of weather conditions along with lunar phases on stock markets, this paper explores the impact of lunar phases on the bank lending channel for a sample of European banks, using the GMM estimator methodology, suggested in Arellano and Bond (1991),...
Persistent link: https://www.econbiz.de/10009671273
The current economic policy discussion on financial integration in the European Union concentrates on cross-border mergers. We study the impact of cross-border lending in a theoretical model where banks acquire either hard or soft information on borrowing firms and predict that the closer firms...
Persistent link: https://www.econbiz.de/10010343928
Persistent link: https://www.econbiz.de/10012991171
The paper presents an analysis of real income convergence between the 11 countries of Central Eastern Europe which have … joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the … average GDP per capita level seen in Western Europe. The third scenario, based on a long-term economic forecast for the EU …
Persistent link: https://www.econbiz.de/10011548764