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Gerhard Illing, Ludwig-Maximilians-Universität München analysiert die Geld- und Fiskalpolitik in der Wirtschaftskrise: Kernproblem ist ein Konflikt zwischen Preis- und Finanzmarktstabilität: Die labile Konjunktur würde eigentlich niedrige Zinsen erfordern; niedrige Zinsen ermuntern aber die...
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We find that financial conditions in the core have significant spillover effects on cross-border mergers and acquisitions (M&As). On average, a 1 percentage point easing of the IMF US Financial Conditions Index is associated with approximately a 10% higher volume of cross-border M&As. The...
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