Showing 398,721 - 398,730 of 399,824
Despite a lot of re-structuring and many innovations in recent years, the securities transaction industry in the European Union is still a highly inefficient and inconsistently configured system for cross-border transactions. This paper analyzes the functions performed, the institutions involved...
Persistent link: https://www.econbiz.de/10010316089
Governance waren, ehe zu Beginn der 80er Jahre der Prozeß der Angleichung in Europa einsetzte, wie unterschiedlich sie heute noch … deshalb ein Teil der weiteren Frage nach der Angleichung der Finanzsysteme in Europa. In diesem Beitrag konzentrieren wir uns … convergence of the corporate governance systems in Europe in the foreseeable future at all, it is not likely to be a smooth …
Persistent link: https://www.econbiz.de/10010316249
Major differences between national financial systems might make a common monetary policy difficult. As within Europe …
Persistent link: https://www.econbiz.de/10010316251
This paper provides a framework for the securities transaction industry in the EU to understand the functions performed, the institutions involved and the parameters concerned that shape market and ownership structure. Of particular interest are microeconomic incentives of the industry players...
Persistent link: https://www.econbiz.de/10010316268
founded in Europe and Japan. The specific problems associated with financial regulation in Europe, as well as the specific …, derive from the fact that while Europe has already made substantial progress towards economic and political integration, it …
Persistent link: https://www.econbiz.de/10010316289
Im Zusammenhang mit der jüngsten konjunkturellen Schwächephase wurde häufig argumentiert, dass Deutschland stärker von der konjunkturellen Situation in den USA abhängt als andere europäische Staaten. Die hier dargestellten Ergebnisse zeigen, dass sich konjunkturelle Impulse aus den USA auf...
Persistent link: https://www.econbiz.de/10010316334
In the 1980s and, in particular, in the 1990s the countries of the European Union experienced divergent developments of gross fixed capital formation. Estimating an investment function for a panel of ten countries and analyzing the paths of the determinants of investment in the countries under...
Persistent link: https://www.econbiz.de/10010316336
The interbank money market plays a key role in the execution of monetary policy. Hence, it is important to know the functioning of this market and the determinants of the interbank money market rate. In this paper, we develop an interbank money market model with a heterogeneous banking sector....
Persistent link: https://www.econbiz.de/10010316343
In this paper a structural macroeconometric model for the Eurozone is presented. In opposite to the multi country modelling approach, the model relies on aggregate data on the supra-national level. Due to nonstationarity, all equations are estimated in an error correction form. The cointegrating...
Persistent link: https://www.econbiz.de/10010316359
EU-TE trade is increasingly characterised by intra-industry trade. For some countries (Czech Republic), the share of intra-industry trade in total trade with the EU approaches 60 percent. The decomposition of intra-industry trade into horizontal and vertical shares reveals overwhelming vertical...
Persistent link: https://www.econbiz.de/10010316398