Showing 1 - 10 of 83
This paper studies the impact of European bank mergers and acquisitions on changes in key safety and soundness measures of both acquirers and targets. We find that capitalization, profitability and liquidity show signs of statistically and economically signifi cant mean reversion for acquirers....
Persistent link: https://www.econbiz.de/10012530399
En este estudio investigamos los determinantes de las emisiones denominadas en dólares de deuda a largo plazo por parte de la banca europea. Para ello empleamos una base de datos que permite explorar los factores que, según la literatura, explican las emisiones en moneda extranjera. Incluimos...
Persistent link: https://www.econbiz.de/10012530514
Este documento es uno de los primeros en investigar los determinantes en la emisión de bonos por parte de las entidades bancarias europeas. Utilizamos una base de datos única de en torno a 50.000 bonos emitidos por 63 bancos de 14 países europeos para comprobar explícitamente una serie de...
Persistent link: https://www.econbiz.de/10012530522
creciente proporción de madres inmigrantes en Europa es menos conocido. Este artículo se pregunta cómo afecta la carga del … entre las madres inmigrantes no comunitarias y las nativas en el norte y el sur de Europa es de 35 y 17 puntos porcentuales …
Persistent link: https://www.econbiz.de/10013210150
Community Innovation Survey für die Untersuchung in Europa. Die Ergebnisse zeigen, dass die drei verschiedenen Ebenen der …
Persistent link: https://www.econbiz.de/10011324351
This thesis examines from a historical perspective the issues and forces that shaped the U.S. newspaper industry during the formative years of the online era, specifically 1980 through 2005. The thesis explains this period as one of extreme change and transition as it explores the years leading...
Persistent link: https://www.econbiz.de/10009435019
What are the conclusions that we have to draw from the foregoing discussion? We must conclude that the prevailing practice of evaluating benefits and costs in terms of present costs and prices is not only likely to lead to an under-statement of actual costs, but also may lead to gross...
Persistent link: https://www.econbiz.de/10009477009
This study investigates why externally advised real estate investment trusts (REITs) underperform their internally managed counterparts. Consistent with previous studies, we find that REITs managed by external advisors underperform internally managed ones by over 7 percent per year....
Persistent link: https://www.econbiz.de/10009477257
In this article we test the urban asset pricing model of Capozza and Sick (1988) and focus on the empirical dimensions of the effects of risk on urban land prices. The effects of systematic and unsystematic risk are distinguished in the model which incorporates the value of the option to convert...
Persistent link: https://www.econbiz.de/10009477258
By using a broker, the owner of a house can speed up his search for buyers but must pay a percentage of the sale price as a commission. Nonstationarities inherent in the housing market may make it optimal to market a house “by-owner” at the outset and to retain a broker only if the house...
Persistent link: https://www.econbiz.de/10009477288