Similar Search Results

The credit channel in Germany and the UK: Differences in the transmission of monetary policy?

Lüdke, Ulrike - 2000

This paper investigates the credit channel in Germany and the United Kingdom. The financial systems of these two countries show substantial structural differences, which leads one to expect that their real sectors respond differently to changes in monetary policy. To the extent that this is the...

Persistent link: https://www.econbiz.de/10010301764

The threat of systemic risk in banking - evidence for Europe

Schüler, Martin - 2002

This paper attempts to answer the question whether the threat of systemic risk in banking exists only on a national or on a European level. Following De Nicolo and Kwast (2001), mean rolling-window correlations between bank stock returns are used as a measure for interdependencies among European...

Persistent link: https://www.econbiz.de/10010301767

How integrated are the European retail financial markets? A cointegration analysis

Schüler, Martin; Heinemann, Friedrich - 2002

considered to be highly integrated within the European Union. However, integration in retail financial markets is less advanced …. For measuring financial market integration this distinction between wholesale and retail markets becomes crucial. There is … a wide literature relating to integration of wholesale financial markets but just a few studies that try to measure …

Persistent link: https://www.econbiz.de/10010301768

Another look at yield spreads: Monetary policy and the term structure of interest rates

Kim, Dong-heon - 1998

Liquidity plays an important role in explaining how banks determine their allocation of funds. This paper analyses whether this fact can explain the term structure of interest rates and yield spreads. The paper models banks' demand for liquidity in a manner similar to that used to study...

Persistent link: https://www.econbiz.de/10010301772

An eclectic approach to real exchange rate: Determination

Cerveró, Susana G. - 1999

an economic point of view. Joint estimation by SURE, through the extraction of relevant interrelations among currencies …

Persistent link: https://www.econbiz.de/10010301775

OCA theory and EMU Eastern enlargement: An empirical application

Weimann, Marco - 2003

characteristics within the process of integration in Western Europe confirms the importance of this approach. …

Persistent link: https://www.econbiz.de/10010301776

Foreign sales strategies of multinational enterprises

Kleinert, Jörn; Toubal, Farid - 2010

analysis of distribution-oriented FDI has, however, received little attention which is at least partly due to the lack of … models. We use alternative specifications and report estimation results for several sub-samples of multinational firms. We …-oriented FDI is based on the trade-off between fixed and variable costs. …

Persistent link: https://www.econbiz.de/10010301777

The propensity to patent with horizontally differentiated products: An empirical investigation

Heger, Diana; Zaby, Alexandra K. - 2009

In this paper we empirically investigate the theoretical results obtained in Zaby (2009). From the theoretical model, which introduces the decision to patent into a setting with horizontally differentiated products we deduce several hypotheses and test these empirically. We find that the...

Persistent link: https://www.econbiz.de/10010301783

The propensity to patent with vertically differentiated products: An empirical investigation

Heger, Diana; Zaby, Alexandra K. - 2009

This paper empirically investigates a firm's propensity to patent. It thereby builds on a theoretical model on a firms' patenting decision in a market with vertically differentiated products. We deduce and empirically test several hypotheses from the theoretical results regarding patenting and...

Persistent link: https://www.econbiz.de/10010301784

Wachstumsperspektiven im Strukturwandel: Neue Branchencluster entstehen

Ehmer, Philipp; Gottschalk, Felix - 2010

Diese Arbeit thematisiert den Strukturwandel in Deutschland. Bei der klassischen Darstellung anhand der drei Wirtschaftssektoren Landwirtschaft/Industrie/Dienstleistung gehen wichtige Details verloren. Denn Tertiarisierung bedeutet nicht automatisch, dass alle Dienstleistungen auf einem...

Persistent link: https://www.econbiz.de/10010302110