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Wir untersuchen die Effekte von Basel II auf Kredite, die in den Jahren 2006 und 2007 (also vor und nach Inkrafttreten der neuen Regulierungen) an schweizer Städte und Gemeinden vergeben wurden. In einer empirischen Analyse bewerteten wir deren jeweilige Bonität, sowie die Margen ihrer...
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The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...
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The paper uses data from 5,507 municipalities in Brazil to estimate the relationships between climate and income as well as climate and health, and then uses the estimated relationships to gauge the effects of past and future climate change on income levels and life expectancy in each of these...
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This paper uses municipality level data to estimate the general relationships between climate, income and child mortality in Mexico. Climate was found to play only a very minor role in explaining the large differences in income levels and child mortality rates observed in Mexico. This implies...
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