This paper re-visits the state of decentralised banking in Germany, Spain and the UK. The cross-country comparison we … conducted has identified Germany as having the most decentralised banking system, followed by Spain and the UK, as expected. The … Germany. Our comparison has identified three factors of success contributing to the persistence of decentralised banking: I …

harmonisation process related to European integration. This study uses large scale administrative data from France and Germany to … found that opportunity costs play a role in fertility decisions, and for a positive income effect for females with high … earnings. Females in Germany adapt their fertility behaviour more strongly in response to economic incentives than their …

deutlich, dass die laufenden Kosten von aufgeschobenen Leibrentenversicherungen zum Teil deutlich unter den Kosten für … Ansparen in Investmentfonds mit gleicher durchschnittlicher Renditeerwartung vor Kosten, wie sie private Rentenversicherungen … bieten, und den hier unterstellten Kosten für aktienorientierte Investmentfonds aus Kostensicht nicht immer effizient ist. …

econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 … Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. …