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Carletti, Elena; Hartmann, Philipp; Spagnolo, Giancarlo - 2003

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete in a differentiated loan market, hold reserves against liquidity shocks, and refinance in the interbank market. A merger creates an internal money market that induces financial...

Persistent link: https://www.econbiz.de/10009635892

Trade with central and eastern Europe

Polgár, Éva Katalin; Wörz, Julia - 2010

importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an …-based industries. Nevertheless, increased trade reinforces the productivity-wage link and weakens the co-movement of wages particularly …

Persistent link: https://www.econbiz.de/10009640296

Wage structure effects of international trade

Du Caju, Philip; Rycx, François; Tojerow, Ilan - 2011

In the last decades, international trade has increased between industrialised countries and between high- and low-wage countries. This important change has raised questions on how international trade affects the labour market. In this spirit, this paper aims to investigate the impact of...

Persistent link: https://www.econbiz.de/10009640701

Price rigidity

Baudry, Laurent; Le Bihan, Hervé; Sevestre, Patrick; … - 2004

Based upon a large fraction of the price records used for computing the French CPI, we document consumer price rigidity in France. We first provide a methodological discussion of issues involved in estimating average price duration with micro-data. The average duration of prices in the sectors...

Persistent link: https://www.econbiz.de/10009639438

Financial market integration and loan competition

Kaas, Leo - 2004

The paper analyzes how the removal of barriers to entry in banking affect loan competition, bank stability and economic welfare. We consider a model of spatial loan competition where a market that is served by less efficient banks is opened to entry by banks that are more efficient in screening...

Persistent link: https://www.econbiz.de/10009639463

Social dialogue and working conditions

European Foundation for the Improvement of Living and …; … - 2011

improving the quality and productivity of work could lead to more as well as better jobs. This study is based on 23 case studies …

Persistent link: https://www.econbiz.de/10011894772

EU productivity and competitiveness: an industry perspective

O'Mahony, Mary (contributor); Ark, Bart van (contributor) - Europäische Kommission / Generaldirektion Unternehmen; … - 2003

Persistent link: https://www.econbiz.de/10009635931

International risk-sharing and the transmission of productivity shocks

Corsetti, Giancarlo; Dedola, Luca; Leduc, Sylvain - 2004

the international transmission of productivity improvements generate the observed degree of risk-sharing: one associated …

Persistent link: https://www.econbiz.de/10009636531

Creative destruction and transition: The effects of firm entry and exit on productivity growth in Estonia

Masso, Jaan; Eamets, Raul; Philips, Kaia - 2004

firm entry and exit as well as survival analysis of new firms. Also, decompositions of productivity change into components … consisting of resource reallocation, firm entry and exit, and productivity growth within continuing firms are carried out. The … productivity compared to incumbent firms and changes in the sectoral structure of the economy. The decomposition of productivity …

Persistent link: https://www.econbiz.de/10009636560

Economic Survey of the Slovak Republic, 2004

Organisation for Economic Co-operation and Development … - 2004

Slovakia is engaged in an ambitious reform process which has the potential to quicken productivity growth, increase the …

Persistent link: https://www.econbiz.de/10009636870