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...

Die Studie untersucht in Deutschland bestehende Probleme im Bereich der beruflichen Qualifizierung. Sie zeigt Wege zur Ergänzung und Reform des Berufsbildungssystems auf, u.a. mittels einer beruflichen Grundqualifizierung, die den Übergangssektor verzichtbar macht und die Jugendlichen ohne...

Within any economic system the performances of the labor market largely depend on the correlation of the education offer and the initial professional preparation with the demands of the labor market. Through this research we have aimed to identify the specific role that the education system had...

Reforms in education have produced changes in existing structures, educational practices, attitudes and pedagogical styles creating new interpretations of the school and its role in society. The education system is considered as a social institution which, reflecting the society in which it...