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Transitioning to a low-carbon economy involves risks for the value of financial assets, with potential ramifications for financial stability. We quantify the systemic impact on financial firms arising from changes in the value of financial assets under three climate transition scenarios that...
Persistent link: https://www.econbiz.de/10013041402
Persistent link: https://www.econbiz.de/10000735713
more financially constrained. To match their needs for external finance, HGEs are more likely to apply for equity financing …
Persistent link: https://www.econbiz.de/10011981501
OECD governments have long assigned a high priority to improving conditions for access to finance for new, innovative … mezzanine finance for addressing diverse financing needs of SMEs and entrepreneurs, highlighting the advantages and costs in … cycle – for which mezzanine finance is best suited and the ways in which it is used to finance SMEs, comments on the …
Persistent link: https://www.econbiz.de/10011876994
growth and risk. Overall, the evidence in this paper points to finance as one factor behind wage stagnation and the social …
Persistent link: https://www.econbiz.de/10012421215
The rise of knowledge-intensive business services (KIBS) may be considered as one of the decisive trends of economic evolution of industrialised countries in recent decades. This paper uses the concept of vertical integrated sectors and the subsystem approach to input-output matrix analysis to...
Persistent link: https://www.econbiz.de/10011982335
The paper aims at estimating the innovation impact of the vertical integration of knowledge intensive business services (KIBS) into manufacturing. Referring to the vertically integrated sectors of an economy allows innovative knowledge, which is transferred directly and indirectly from KIBS to...
Persistent link: https://www.econbiz.de/10011983080
Germany’s manufacturing sector, which plays an important role for exports, has been performing well over the past decade in terms of labour productivity growth and international competitiveness. However, the services sector has had much slower growth rates. Competition often appears to be...
Persistent link: https://www.econbiz.de/10011398853
This paper presents the services trade restrictiveness indices (STRIs) for the regulated professions of legal and accounting services. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign services...
Persistent link: https://www.econbiz.de/10010466619
This paper presents the services trade restrictiveness indices (STRIs) for construction, architecture and engineering services. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign services providers....
Persistent link: https://www.econbiz.de/10010466625