The intensifying cross-border lending activity of Austrian banks since the mid-1990s has to date only been captured and presented at a statistical-descriptive level. A comprehensive micro-econometric analysis of the driving factors behind the primarily Eastern European-orientated foreign...

This paper is aimed at examining the actual performance effects of horizontal mergers among companies. The view taken in this paper holds that evaluating actual mergers' efficiency effects be similar in spirit to estimating causal treatment effects. By applying the matching framework we use a...