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Compared to the U.S., the euro area has been underperforming in the wake of the Great Financial Crisis (GFC). This … holds especially true for peripheral euro area economies. Whereas the U.S. is characterised by a financial system dominated … by arms’ length (capital-market oriented) interaction between providers and users of funds, in Europe, in many cases …
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largely around the rather simplistic and binary comparison between bank-based versus market-based financial systems. The Great …
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We examine whether the financial strength of companies, in particular, small and medium-sized enterprises (SMEs) is causally linked to the award of a public procurement contract (PP), especially in the environmentally friendly green area (GPP), For this purpose, we build a combined procurement...
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In den gegenwärtigen Mitgliedstaaten der Europäischen Union bestehen erhebliche Befürchtungen, dass die Einführung der Freizügigkeit für die Beitrittsländer zu sinkenden Löhnen und steigender Arbeitslosigkeit führen wird. In diesem Beitrag werden die Effekte der Migration für Einkommen...
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