This paper presents a micro data approach to the identification of credit crunches. Using a survey among German firms which regularly queries the firms' assessment of the current willingness of banks to extend credit we estimate the probability of a restrictive credit supply policy by time...

We revisit and extend the study by Chordia et al. (2014) which documents that, in recent years, increased liquidity has significantly decreased exploitable returns of capital market anomalies in the US. Using a novel international dataset of arbitrage portfolio returns for four well-known...

Im Rahmen der Vorlesung "Volkswirtschaftslehre und -politik" hat die Fakultät Betriebswirtschaft der OTH Amberg-Weiden ein Projekt gestartet, um die Wirkungen einer neuen Lernplattform auf das Studienergebnis zu untersuchen. In Verbindung mit der Implementierung der Lernplattform erfolgte auch...

We revisit and extend the study by Chordia et al. (2014) which documents that, in recent years, increased liquidity has significantly decreased exploitable returns of capital market anomalies in the US. Using a novel international dataset of arbitrage portfolio returns for four well-known...