Showing 1 - 10 of 107
Persistent link: https://www.econbiz.de/10010307307
to analyze eleven sanctions episodes between 2002 and 2015, we find that banks located in Germany reduce their positions … adjust its positions after the imposition of sanctions. For affiliated banks located in countries with low financial …
Persistent link: https://www.econbiz.de/10012099042
We estimate the effect of the UK Stamp Duty Land Tax on household mobility using micro data. The UK (until 2014 …-offs where the tax rate increases and, consistent with the results of our core analysis, we find that a 2 percentage point … increase in the tax rate decreases the volume of sales by roughly 30 percent. The contribution of our study to the existing …
Persistent link: https://www.econbiz.de/10011400635
monetary policy given local tax environments is significantly negative. Lending volumes do not respond significantly though. …
Persistent link: https://www.econbiz.de/10011301427
market. Duopolistic banks can choose their levels of monitoring of firms and thus the level of risk-taking, where the risk of … in both countries. In contrast, a reduction in the costs of screening foreign firms is likely to be beneficial for banks …
Persistent link: https://www.econbiz.de/10011301652
This paper studies regulatory competition in the banking sector in a model where banks are heterogeneous and taxpayers … come up for the losses of failing banks. Capital requirements force the weakest banks to exit the market. This gives rise … to a signalling effect of capital standards, as borrowing firms anticipate the higher average quality of banks in a more …
Persistent link: https://www.econbiz.de/10010329304
adjusted capital requirements do not necessarily affect highly leveraged banks with very low risk assets. A combination of both …
Persistent link: https://www.econbiz.de/10010329473
, such evidence was only to be offered to banks that create compulsory internal credit ratings. The goal of this paper is to … procurement when creating compulsory internal ratings by banks. This should on the one hand identify potential concordances and … financial strength within supplier evaluation and within the internal rating by banks. Despite the potential different …
Persistent link: https://www.econbiz.de/10011920366
This paper addresses the question of how the timing of corporate insider trading is related to the level of information asymmetry in a stock price. Our empirical analysis shows that, when buying their firm's shares, corporate insiders are likely to exploit their informational advantage through...
Persistent link: https://www.econbiz.de/10010270086
implementation, whereas a Tobin tax is unlikely to prevent bubbles. …
Persistent link: https://www.econbiz.de/10010270143