The corporate sector has turned from a net borrowing position to a net lending position in many advanced countries over the past decades. This phenomenon is rather unusual as the corporate sector had historically borrowed funds from other sectors in the economy. In this paper, we analyze how...

It is a highly controversial topic, both in the regulatory as well as the scientific research environment, whether the beta factor - as a measure for systematic risk - for fixed line and that for mobile operations has actually the same value. Since most telecommunications operators are today...