Global change has become eminent in our everyday lives. Slowly, but noticeably, the faces surrounding us represent the international global community. Climate doomsday is as present as ethnical and religious controversy. The press reports how eastern German women to flee the catastrophic...

Chapter 1: Going Multinational: What are the effects on home market performance? A number of recent studies find evidence for the existence of a persistent performance gap between multinational enterprises (MNE) and their domestic competitors. This chapter investigates to what extent MNEs have...

Each of the three chapters of this thesis is related to a specific aspect of financing and concerns, respectively, governments, corporations, and households. The first chapter studies the determinants of euro-denominated Central and Eastern European (CEE) government bond spreads that reflect the...