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Persistent link: https://www.econbiz.de/10009236204
Several papers find a positive association between a bank's equity stake in a borrowing firm and lending to that firm. While such a positive cross-sectional correlation may be due to equity stakes benefiting lending, it may also be driven by endogeneity. To distinguish the two, we study a German...
Persistent link: https://www.econbiz.de/10011820943
Several papers find a positive association between a bank's equity stake in a borrowing firm and lending to that firm. While such a positive cross-sectional correlation may be due to equity stakes benefiting lending, it may also be driven by endogeneity. To distinguish the two, we study a German...
Persistent link: https://www.econbiz.de/10012920743
Several papers find a positive association between a bank's equity stake in a borrowing firm and lending to that firm. While such a positive cross-sectional correlation may be due to equity stakes benefiting lending, it may also be driven by endogeneity. To distinguish the two, we study a German...
Persistent link: https://www.econbiz.de/10013210466
The German banking market is notorious for its low degree of market penetration by foreign financial institutions, suggesting that markets serviced by domestic and foreign banks are segmented. This paper employs a number of tests to determine whether activities of domestic and foreign banks are...
Persistent link: https://www.econbiz.de/10011472232
„New Economy“ in Deutschland sowie ein Vergleich mit fünf anderen Mitgliedstaaten der Europäischen Gemeinschaft (Frankreich … Germany - also in comparison with five other member states of the European Union (France, Great Britain, Italy, the … Deutschland und ihre potenziellen Wirkungen auf Produktivität und Wachstum gezogen. …
Persistent link: https://www.econbiz.de/10011747524
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This paper re-visits the state of decentralised banking in Germany, Spain and the UK. The cross-country comparison we … Germany. Our comparison has identified three factors of success contributing to the persistence of decentralised banking: I … conducted has identified Germany as having the most decentralised banking system, followed by Spain and the UK, as expected. The …
Persistent link: https://www.econbiz.de/10011800413
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