Showing 1 - 10 of 2,088
Die Rendite von Sparkassen und Genossenschaftsbanken liegt in Deutschland über der von privaten Geschäftsbanken. Das vorliegende Papier bietet einen theoretischen Erklärungsansatz, der diese Renditeunterschiede auf Differenzen in der Kreditvergabestrategie zurückführt. Dieses Modell zeigt,...
Persistent link: https://www.econbiz.de/10005069081
Seit der Erweiterung am 1. Mai 2004 gehören acht vormals sozialistische Länder - Estland, Lettland, Litauen, Polen, die Tschechische Republik, die Slowakische Republik, Ungarn und Slowenien - der Europäischen Union an. Auch im Jahr ihres Beitritts wiesen die neuen EU-Mitglieder eine kräftige...
Persistent link: https://www.econbiz.de/10005070773
On 1 May 2004 eight former socialist countries - Estonia, Latvia, Lithuania, Poland, the Czech Republic, the Republic of Slovakia, Hungary and Slovenia - joined the European Union. In the accession year the new EU member states have experienced powerful macroeconomic dynamics, and convergence of...
Persistent link: https://www.econbiz.de/10005026875
Reliable information on small- and medium-sized enterprises (SMEs) is rare and costly for financial intermediaries. Therefore relationship banking is often considered as the appropriate lending technique. In this paper we offer a theoretical model to analyze relationship banking and the pricing...
Persistent link: https://www.econbiz.de/10005722641
Persistent link: https://www.econbiz.de/10008500371
This paper examines the impact of outward foreign direct investment (OFDI) on domestic investment by applying co-integration techniques to macroeconomic time series data for the United Sates and Germany. We show that the two countries differ: In the case of the US, OFDI has positive long-run...
Persistent link: https://www.econbiz.de/10004963610
Persistent link: https://www.econbiz.de/10004963621
Russia's foreign debt problems worsened substantially after the financial crisis of 1998. The paper focuses on the key role of the government in servicing foreign debt and promoting institution building by showing how foreign debt influences the choice between official and unofficial taxation....
Persistent link: https://www.econbiz.de/10004963622
The paper seeks to add to the existing literature on aggregate and private savings by focusing on transition economies. We use panel data over the period 1989-1998 and estimate a fixed-effects model. In Central Eastern European Countries, aggregate and private savings are driven by almost the...
Persistent link: https://www.econbiz.de/10004963633
Persistent link: https://www.econbiz.de/10004963917