In this thesis, I investigate diverse aspects of capital market efficiency in selected emerging markets. In chapter 2, the focus of analysis is on the role of trading volume and capitalisation in the process of information absorption by the stock prices. Empirical analysis is conducted for...

In this thesis different definitions of financial contagion are explored. These definitions are applied to test for evidence of contagion on a number of stock markets and during several turbulent periods. First, we investigate the question whether emerging stock markets are more or less...

Auslandsbanken gewinnen in Deutschland eine immer größere Bedeutung. Obgleich der von der Bundesbank ausgewiesene Marktanteil ausländischer Banken noch immer im Vergleich zu anderen europäischen Ländern unterdurchschnittlich stark ausgeprägt ist, messen ihnen deutsche Bankiers eine hohe...

This dissertation examines the effects of commodity market liberalization on the farmer's price. Chapter two of this dissertation presents a theoretical model of commodity market liberalization which aims to analyze the impact of market liberalization on the farmer's price. This monopsony-type...

Spatial econometrics is a subfield of econometrics that deals with the treatment of spatialinteractions in regression models for cross sectional and panel data.Chapter 1: This is the first paper that highlights the role of spatial interactions, in thecontext of bankruptcy laws, in the...

Theories of economic growth have long recognized that the majority of growth resultsfrom endogenous changes in technology that emerge from the profit motivateddevelopment of new knowledge. However, recent theorizing has suggested that thecreation of knowledge in and of itself does not directly...

The author examines the impact of the Massachusetts’ health reform law of 2006,Chapter 58 of the Acts of 2006: An Act Providing Access to Affordable, Quality,Accountable Health Care, which uses both individual and employer insurance-mandateson Entrepreneurship in the formation of new...

In the introductory chapter it has been laid out, that knowledge as an input factor of production exhibits a strong influence on economic development. The increasing knowledge intensity in the globalised economy needs to focus on the determinants of the "knowledge based society". Two major...