Showing 1 - 10 of 22
This paper develops a model of banking across borders where banks differ in their efficiencies that can replicate key patterns in the data. More efficient banks are more likely to have assets, liabilities and affiliates abroad and have larger foreign operations. Banks are more likely to be...
Persistent link: https://www.econbiz.de/10011563162
Persistent link: https://www.econbiz.de/10011860687
Persistent link: https://www.econbiz.de/10008906917
Persistent link: https://www.econbiz.de/10003957285
Shipping goods internationally is risky and takes time. To allocate risk and to finance the time gap between production and sale, a range of payment contracts is utilized. I study the optimal choice between these payment contracts considering one shot transactions, repeated transactions and...
Persistent link: https://www.econbiz.de/10009011800
Persistent link: https://www.econbiz.de/10009387250
Persistent link: https://www.econbiz.de/10008822095
Shipping goods internationally is risky and takes time. To allocate risk and to finance the time gap between production and sale, a range of payment contracts is utilized. I study the optimal choice between these payment contracts considering one shot transactions, repeated transactions and...
Persistent link: https://www.econbiz.de/10010274926
Rent-sharing between firm owners and workers is a robust empirical finding. If workers bargain with firms, information on the actual surplus is essential. When the firm can use profit shifting to create private information on the surplus, it can thereby reduce its wage bill. We study how rent...
Persistent link: https://www.econbiz.de/10010283583
Persistent link: https://www.econbiz.de/10008908068