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"Relatively little is known so far about financial stability and long-term resilience within the global banking sector. The complexity and diversity of banking financial instruments and transactions leads to substantial information asymmetries, and promotes several agency conflicts. Moreover,...
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Die Eurokrise hat tiefgreifende Veränderungen im Gefüge von Institutionen und Kompetenzen in der Europäischen Union angestoßen, dafür stehen der „Fiskalpakt“ und die „excessive imbalance procedure“. Ein effizientes Governance-System hat sich aber bisher nicht herausgebildet. Die...
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We examine the employment effects of the 2019 minimum wage increase in Spain on individual probabilities of losing … between employees earning less than the minimum wage (treatment group) and those earning more and that should therefore be … unaffected by the reform (control group). We find that the new minimum wage significantly increased the probability of …
Persistent link: https://www.econbiz.de/10015070457
The outbreak of the COVID-19 pandemic seriously affected railway businesses. The motivation of this study is to provide vital information to railway company management and policymakers by quantitatively assessing the cost efficiency of railway operations. We examine the efficiency of Japanese...
Persistent link: https://www.econbiz.de/10015070763
This study analyses macroeconomic trends in Southeast Asian countries and their implications for climate change, focusing on urbanisation, GDP per capita, energy intensity, FDI, inflation, and trade. Using panel data from 1970 to 2020, we investigate climate change drivers across Indonesia,...
Persistent link: https://www.econbiz.de/10015070786