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wieder an Schwung verliert. In den Schwellenländern ergeben sich aus der kräftigen Konjunktur Stabilitätsgefahren, denen die … Dezember (3,6 Prozent). Für 2012 haben wir hingegen unsere Erwartungen leicht auf 3,9 Prozent reduziert. - [Konjunktur im … Finanzkrise, bestehen, so dass wir auch für das Jahr 2011 wie für das Jahr 2012 nicht mit einem starken Aufschwung, sondern nur …
Persistent link: https://www.econbiz.de/10010307506
The authors propose a new method for estimating the power-law exponents of firm size variables. Their focus is on how to empirically identify a range in which a firm size variable follows a power-law distribution. On the one hand, as is well known a firm size variable follows a power-law...
Persistent link: https://www.econbiz.de/10010307564
We study how credit supply shocks in the US, the euro area and Japan are transmitted to other economies. We use the recently-developed GVAR approach to model financial variables jointly with macroeconomic variables in 33 countries for the period 1983-2009. We experiment with inter-country links...
Persistent link: https://www.econbiz.de/10010307706
There is an increasing economic literature considering personality traits as a source of individual differences in labor market productivity and other outcomes. This paper provides an overview on the role of these skills regarding three main aspects: measurement, development over the life...
Persistent link: https://www.econbiz.de/10010307839
This paper provides a quantitative review of the empirical literature on the tax impact on corporate debt financing. Synthesizing the evidence from 46 previous studies, we find that this impact is substantial. In particular, the tax rate proxy determines the outcome of primary analyses. Measures...
Persistent link: https://www.econbiz.de/10010307852
This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...
Persistent link: https://www.econbiz.de/10010307857
Non-traditional source countries of FDI play an increasingly important role, notably in developing host countries. This raises the question of whether the determinants of FDI differ systematically between traditional and non-traditional source countries. We perform Logit and Poisson Pseudo...
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