We study effects of Basel II on credits for Swiss towns and cities in the years 2006(before Basel II) and 2007 (after Basel II). We collected data of these loans andcomputed their margins. Moreover we collected data on the financial situation of thetowns and cities and used this to compute a...

Die anhaltende Krise der öffentlichen Haushalte erfordert einschneidende Konsolidierungsmaßnahmen zur Begrenzung des Anstiegs der Staatsverschuldung. Aus diesem Grunde erscheint es als ausgeschlossen, die anstehenden hohen Investitionen in kommunale Infrastruktur weiterhin nur mit Krediten zu...

There has been a considerable amount of work focusing on job satisfaction and sex, generally finding that women are more satisfied than men despite having objectively worse job conditions. But there is little evidence on whether job satisfaction differs by race or ethnicity. We use data from the...