Showing 1 - 10 of 33
Persistent link: https://www.econbiz.de/10005374239
We examine the determinants of Japanese foreign direct investment (FDI) focusing on institutional and social factors. Using panel data on 59 countries from 1995 to 2008, we find that host countries with free and open markets and greater cultural distance from Japan attract Japanese FDI. Good...
Persistent link: https://www.econbiz.de/10010734041
This paper analyzes the determinants of the interest margin of German banks over the period 1995–2007, explicitly addressing differences among different bank groups. We use three empirical models to focus on the following aspects: the time evolution of the interest margin, the average...
Persistent link: https://www.econbiz.de/10010883583
Persistent link: https://www.econbiz.de/10010865248
This paper analyzes the determinants of the interest margin of German banks over the period 1995-2007, explicitly addressing differences among different bank groups. We use three empirical models to focus on the following aspects: the time evolution of the interest margin, the average...
Persistent link: https://www.econbiz.de/10010986077
We analyze empirically the existence and the extent of financial contagion by means of extreme value theory in the Asian crisis. We consider two key markets, the stock exchange and the foreign exchange using daily data in the period 1992–2001. We present several notions of financial contagion...
Persistent link: https://www.econbiz.de/10011038392
The aim of the paper is to show how changes in interest rate behavior, characterized in terms of stochastic orders of rate distributions, affect the banking industry. The basic feature of a banking firm is of a financial intermediary holding highly illiquid assets in the presence of liabilities...
Persistent link: https://www.econbiz.de/10011011023
We present an improved approach to examine convergence of markets such as those for equity, bonds or commodities. The approach is motivated by Monte Carlo simulations and consists of two steps. First, we test for regime-shifts in the cointegration paths and cointegration with structural breaks....
Persistent link: https://www.econbiz.de/10010741102
The shadow economy (also known as the black or underground economy) covers a vast array of trade, goods and services that are not part of the official economy of a country. This original and comprehensive Handbook presents the latest research on the size and development of the shadow economy,...
Persistent link: https://www.econbiz.de/10011179358
In den vergangenen Jahren hat sich das Verständnis der Volkswirtschaftslehre gewandelt. Bis in die siebziger Jahre dominierte die Wirtschaftspolitik, die sich auch als Berater außerhalb der Universitäten verstand. Dann schwappte von den USA die Mathematisierung der Volkswirtschaftslehre nach...
Persistent link: https://www.econbiz.de/10005046992