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A high level of public services in housing, transport, education and health care is essential for liveability in urban centres, as shown in this report, with the help of European data for large cities. Inhabitants of larger cities, where the housing market is heavily commercialised in terms of...
Persistent link: https://www.econbiz.de/10012605243
This paper investigates the potential impact of the growing influence of the opinions of credit rating agencies (CRAs …. Rating agencies who strive to provide credit assessments that remain broadly stable through the course of the business cycle … is however too early to say whether these changes mean a fundamental shift in their approach to credit risk measurement. …
Persistent link: https://www.econbiz.de/10011606168
In the context of securities clearing and settlement systems, the nature of governance arrangements acquires a dimension that goes beyond their traditional function in corporate law. They constitute a tool for regulators and central banks to achieve their respective policy goals relating to...
Persistent link: https://www.econbiz.de/10011606173
After addressing the securitisation of non-performing loans (NPLs) within the broader context of the ECB's efforts to reduce NPL stocks and inflows, we investigate the structural and pricing features of NPL securitisations, issued by large banks in the euro area, by drawing on a unique and...
Persistent link: https://www.econbiz.de/10013331899
The European significant risk transfer (SRT) securitisation market is increasingly being used by major EU banks to manage risk and capital, but is not well known. SRT can provide an extra source of capital, flexibly and at a reasonable cost. Despite the bespoke nature of transactions, the SRT...
Persistent link: https://www.econbiz.de/10014476127
Der Beitrag behandelt ein zum Teil im nationalsozialistischen ductus gehaltenes Urteil des Reichsgerichts zur sog. "Führerscheinklausel" in der Kraftfahrtversicherung aus dem Jahre 1941. Hintergrund dieses Urteil war eine verbrecherische "Anordnung" von Heinrich Himmler, welche jüdischen...
Persistent link: https://www.econbiz.de/10014483926
using a game-theoretical model. In particular, it can be proven that uncertainty about the data evaluation of the …-proposing data seller demands a price that is too high for some constellations due to the uncertainty. Whereas price-proposing data …
Persistent link: https://www.econbiz.de/10014293751
Die vorliegende Studie untersucht anhand von Experteninterviews die Motive, Formen sowie Herausforderungen und Erfolgsfaktoren von Kooperationen zwischen etablierten Mittelständlern und Start-ups. Während sich Start-ups durch die Kooperation den Zugang zu einem großen Netzwerk sowie...
Persistent link: https://www.econbiz.de/10011705612
The German government is committed to reducing the primary energy demand of buildings by 80% by 2050. This requires increasing the rate of thermal retrofits from the current 0.8% to 2.0% per year. To explore how new and existing policies and programs could deliver the increased retrofit rate,...
Persistent link: https://www.econbiz.de/10010310446
Buildings account for about 40% of the final energy consumed in Germany and arguably offer both low-cost and large scale energy efficiency improvement potentials. The Energy Performance Certificate (EPC) was recently introduced to capture this potential by providing information about the energy...
Persistent link: https://www.econbiz.de/10010310447