Showing 1 - 10 of 445
This paper examines the effects of intensified international competition on industry profits in six European Union (EU) countries. The paper uses two methods to estimate industry profits. The traditional method uses accounting data to obtain a measure of gross price-average cost margins. The...
Persistent link: https://www.econbiz.de/10014400718
This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in … Europe after the global financial crisis (GFC). We find that the post-GFC recoveries in Europe have been weaker than previous … profitability is positively and significantly influenced by credit growth, but this relationship has weakened after the GFC …
Persistent link: https://www.econbiz.de/10011763708
We study the effect of external financing constraint on job creation in emerging markets and developing countries (EMDC) at the firm level by looking at a specific transmission channel - the working capital channel. We develop a simple model to illustrate how the need for working capital...
Persistent link: https://www.econbiz.de/10011742739
The paper investigates EU banks' profitability through the recent financial cycle using banklevel balance sheet and …, such as higher reliance on fees and commission income, were associated with better profitability post-crisis …
Persistent link: https://www.econbiz.de/10011852611
This paper explores the determinants of profitability across large euro area banks using a novel approach based on … conditional profitability distributions. Real GDP growth and the NPL ratio are shown to be the most reliable determinants of bank … profitability. However, the estimated conditional distributions reveal that, while higher growth would raise profits on average, a …
Persistent link: https://www.econbiz.de/10012154822
million companies in Europe. We document a positive association between corporate return on assets and the share of women in …
Persistent link: https://www.econbiz.de/10011445356
State-owned enterprises (SOEs) play an important role in Emerging Europe's economies, notably in the energy and …, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms …
Persistent link: https://www.econbiz.de/10011748785
a set of 21 Europe countries, we show that while the short-term response of participation rates to labor demand shocks … is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time …
Persistent link: https://www.econbiz.de/10014411406
, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …
Persistent link: https://www.econbiz.de/10014395687
to explain CDS spreads of sovereigns in peripheral Europe - the model specification should be cognizant of the under …
Persistent link: https://www.econbiz.de/10014396907