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....

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...

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...

The objective of this thesis is to investigate the potential contribution of transnational corporations (TNC) to the upgrading of systems of innovation in late-industrialising countries. This study looks specifically at TNC-affiliierter in Thailand’s manufacturing sector and compares them with...

Event tree analysis and Monte Carlo-based discrete event simulation have been used in risk assessment studies for many years. This report details how features of these two methods can be combined with concepts from object-oriented analysis to develop a new risk assessment methodology with some...

The European Network of Economic Policy Research Institutes (ENEPRI) brings together twenty-four leading national economic policy research institutes from most of the EU-27 countries. The goals of the network are to foster the international diffusion of existing research, co-ordinate research...