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In this paper, we analyze the business models of Germany's biggest lending platforms smava, auxmoney, and Lendico to identify a standard business model as a dominant design in this industry. We use a mixed method approach in which a case study at firm level is conducted to analyze and contrast...
Persistent link: https://www.econbiz.de/10014518606
In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries that ultimately ended global bimetallism, i.e., a near-universal fixed exchange...
Persistent link: https://www.econbiz.de/10012889160
sovereign safe assets and German government bonds adjusted for sovereign credit risk, liquidity and swap market frictions. A …, which is more pronounced for higher maturities and when risk aversion proxied by bond market volatility is high. Going … forward, we expect German government debt supply to remain scarce, with important implications for the ECB's monetary policy …
Persistent link: https://www.econbiz.de/10012858387
This article deals with the decision taken by the Court of Justice of the European Union in September 2014 regarding the compatibility of inheritance taxation with the fundamental freedoms (Commission v. Spain (Case C-127/12) and Commission v. Germany (Case C-211/13)).The authors welcome the...
Persistent link: https://www.econbiz.de/10012829030
This paper evaluates aggregated survey forecasts with forecast horizons of 3, 12, and 24 months for the exchange rates … tests for unbiasedness and efficiency. All investigated forecasts are irrational in the sense that the predictions are … predictions, the results are less convincing, with shorter term forecasts for the tightly managed USD/CNY FX regime being one …
Persistent link: https://www.econbiz.de/10011741554
justification" for non-arm's length transactions, with the result that a denial of that opportunity through automatic transfer …
Persistent link: https://www.econbiz.de/10014095435
Germany when a unit of earnings from Germany allows for larger consumption at home settle for lower entry wages, but … firms. Similar patterns hold in the US data. Our analysis offers one explanation for the widespread phenomenon of immigrants …' downgrading, with new implications for immigrant cohort effects and assimilation profiles. …
Persistent link: https://www.econbiz.de/10014334861
Germany when a unit of earnings from Germany allows for larger consumption at home settle for lower entry wages, but … firms. Similar patterns hold in the US data. Our analysis offers one explanation for the widespread phenomenon of immigrants …' downgrading, with new implications for immigrant cohort effects and assimilation profiles. …
Persistent link: https://www.econbiz.de/10014336387
Persistent link: https://www.econbiz.de/10000896552