Showing 1 - 10 of 11,313
If and how the conduct of the banking sector contributes to the propagation of aggregate shocks has become a prominent empirical research question. This study explores what a cyclicality analysis of net interest margins and spreads, as well as profitability figures, can contribute to the...
Persistent link: https://www.econbiz.de/10010294520
Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit maximisation problem assuming perfect input markets. At...
Persistent link: https://www.econbiz.de/10010295894
Banks face a tradeoff between diversifying and focusing their loan portfolio. In this paper we carry out an empirical study for the German market to shed light on the question whether or not the benefits of risk sharing outweigh those of specialization. We use data from the Bundesbank's...
Persistent link: https://www.econbiz.de/10010295924
This paper shows that a manufacturer may benefit from parallel trade. In addition to an intuitive condition about the effect of demand shocks, this occurs when competitive retailers must order inventories before they know the realization of demand and for products whose sale value drops at the...
Persistent link: https://www.econbiz.de/10010296243
We argue that the complex interactions of competitive heterogeneous firms lead to a statistical equilibrium distribution of firms? profit rates, which turns out to be an exponential power (or Subbotin) distribution. Moreover, we construct a diffusion process that has the Subbotin distribution as...
Persistent link: https://www.econbiz.de/10010296303
This paper investigates the relationship between market reaction to earnings surprises and institutional concentration in the firm's shareholders base. We use data from the Polish stock market where pension funds form a homogenous and highly competitive investor class with an increasing share in...
Persistent link: https://www.econbiz.de/10010296347
Im Rahmen des Struktur-Verhaltens-Ergebnis-Ansatz analysiert der vorliegende Aufsatz die Determinanten und die Zyklik der Profite verschiedener Branchen der Ernährungswirtschaft in Deutschland, den USA sowie den Niederlanden. Aus der Schwankung der Profite im Zeitablauf lassen sich, bei...
Persistent link: https://www.econbiz.de/10010297118
Most observers have concluded that while money markets and government bond markets are rapidly integrating following the introduction of the common currency in the euro area, there is little evidence that a similar integration process is taking place for retail banking. Data on cross-border...
Persistent link: https://www.econbiz.de/10010298683
В дискуссионном материале № 40 представляются результаты анализа по определению факторов влияющих на прибыль и рентабельность больших предприятий в Омской...
Persistent link: https://www.econbiz.de/10010299410
Im Diskussion Paper 39 werden Ergebnisse einer Analyse zur Ermittlung von Einflussfaktoren auf Gewinn und Rentabilität …, dass in Russland die fünf Gewinnkennzahlen Bruttogewinn, Gewinn aus Absatz, Gewinn vor Steuern, Gewinn aus gewöhnlicher … Tätigkeit und Reingewinn unterschieden werden. Bruttogewinn und Gewinn aus Absatz sind bei allen untersuchten Betrieben gleich …
Persistent link: https://www.econbiz.de/10010299412