working paper series in economics
WORKING PAPER SERIES NO. 398 / OCTOBER 2004: MERGERS AND ACQUISITIONS AND BANK PERFORMANCE IN EUROPE THE ROLE OF STRATEGIC SIMILARITIES potx
... ‘specialness’ of banks in a setting in which there are asymmetries ofinformation. In this setting, according to the ‘signalling hypothesis’, commercial banksspecialise in lending information to problematic ... Witten/Herdecke Working Paper Series 05.Beitel, P., D. Schiereck and M. Wahrenburg (2003), Explaining the M&A-success in European bank mergers and acquisitions, Center for Financial Studies Working Paper ... alsosignificant suggesting the usefulness of including these variables in the regression.24ECB Working Paper Series No. 398October 2004be to improve revenues derived from including new portfolio...
- 37
- 654
- 0
WORKING PAPER SERIES NO. 518 / SEPTEMBER 2005: TERM STRUCTURE AND THE SLUGGISHNESS OF RETAIL BANK INTEREST RATES IN EURO AREA COUNTRIES docx
... Differences in the responses in % over 48 months. Positive differences indicate a higher pass-through during the EMU sample 42ECB Working Paper Series No. 518September 200547ECB Working Paper Series ... Bold figures indicate rejection that time deposits rates contains no information on lending rates.27ECB Working Paper Series No. 518September 2005 1. Introduction The pricing of retail ... competition, intermediaries impose a mark-up over expected refinancing conditions when setting their retail interest rates. Given the various maturities of our 13ECB Working Paper Series No....
- 49
- 829
- 0
WORKING PAPER SERIES NO 1395 / NOVEMBER 2011: ON THE IMPORTANCE OF PRIOR RELATIONSHIPS IN BANK LOANS TO RETAIL CUSTOMERS pptx
... building of banks with firms. 13ECB Working Paper Series No 1395November 2011of analyzing the behavior of one bank we examine the loan making decision of 296 different banks. Finally, we find ... results suggest that relationships of all kinds have inherent private information and are valuable in screening, in monitoring, and in reducing consumers’ incentives to default. ... http://www.ecb.europa.eu/pub/scientific/wps/date/html/index.en.htmlISSN 1725-2806 (online)18ECB Working Paper Series No 1395November 2011The data set not only contains information on the checking accounts that loan applicants hold at the savings banks, but...
- 73
- 722
- 0
Working paper series the phillips curve and long-term unemployment
... Central Bank working paper series For a complete list of Working Papers published by the ECB, please visit the ECB’s website(http://www.ecb.int)402 “Forecasting euro area inflation using dynamic ... duration as a signal of the individual’s productivity level on which to base their hiring decisions.11ECB Working Paper Series No. 441February 200545ECB Working Paper Series No. 441February ... WellDo Alternative Time-Varying Models of the NAIRU Help Forecast Unemployment and In ation in OECD Countries?" Computing in Economics and Finance 359.[15] Devine, Theresa J., and Nicholas...
- 49
- 370
- 0
Tài liệu WORKING PAPER SERIES: TRADING EUROPEAN SOVEREIGN BONDS THE MICROSTRUCTURE OF THE MTS TRADING PLATFORMS docx
... with relative low trading intensity. In contrast to Green(2004) and Cohen and Shin (2003), we include intraday trading intensity in our analysis. We ¯nd8ECB Working Paper Series No. 432January ... the trading day kicks o® with a relative large spread around 3 basis point in the earlymorning, falling to 2 basis points in the late morning and gradually increasing to 4 basis points in the ... modelling of price and order °ow dynamics by takingtrading intensity and the announcement of news into account. This is the main objective ofthe paper. The investigation of trading surrounding...
- 50
- 797
- 0
Economic Policy Research Institute EPRI Working Paper Series pot
... the intensive margin. Second, our tractable frame-work allows us to analyze three different types of financial innovations, and providesinteresting insight into the mechanisms linking lending ... related to this paper is recent work on competitive markets with adverse se-lection. Adams, Eina v, and Levin (2009), Einav, Jenkins, and Levin (2010) and Einav,Jenkins, and Levin (2009) find ... typically data intensive as it involves sta-tistical analysis of large d ata sets. In addition, the cost of maintaining and processingdifferent loan products is also information intensive, so...
- 43
- 375
- 0
WORKING PAPER SERIES NO. 407 / NOVEMBER 2004: BANKING CONSOLIDATION AND SMALL BUSINESS LENDING potx
... ¯u.10ECB Working Paper Series No. 407November 2004or fire (R =0)the credit officer accordingly.W ORKING PAPER SERIES NO. 407 / NOVEMBER 2004BANKING CONSOLIDATION AND SMALL BUSINESS LENDINGby ... TakátsAbstractThe paper investigates small business lending as an information problem. It modelsthe effects of information asymmetries within the bank combined with fixed wages. Twokinds of inefficiencies ... tructure is decisive in small business lending.JEL classification: G21, G34, J30Keywords: corporate governance, banking, small business lending, efficiency wage4ECB Working Paper Series No. 407November...
- 37
- 889
- 0
WORKING PAPER SERIES NO. 527 / SEPTEMBER 2005: BANKING SYSTEM STABILITY A CROSS-ATLANTIC PERSPECTIVE pptx
... still less inter linked32ECB Working Paper Series No. 527September 2005test abov e, we opt for bootstrapping in blocks because of the nonlineardependencies that might be present in the return ... tp://www.cepr.org/data/Dating/.41ECB Working Paper Series No. 527September 2005the ones of U S b anks. In addition to th e larger in terbank lending in E urope referred to above, this observation raises again the ... large body of approaches for quanti-fying c redit risk and modeling credit rating m igrations, including J.P. Morgan’sCreditMetrics (1999).7ECB Working Paper Series No. 527September 2005Section...
- 95
- 1,086
- 0
WORKING PAPER SERIES NO 845 / DECEMBER 2007: RUN-PRONE BANKING AND ASSET MARKETS doc
... 34?>B8C>AB C> <>=8C>A 10=:4AB WORKING PAPER SERIES NO 845 / DECEMBER 2007RUN-PRONE BANKINGAND ASSET MARKETSby Marie Hoerova35ECB Working Paper Series No 845December 2007B>;4;H ... 02@D8A4 WORKING PAPER SERIES NO 845 / DECEMBER 2007 In 2007 all ECB publications feature a motif taken from the 20 banknote.RUN-PRONE BANKING AND ASSET MARKETS 1by Marie Hoerova 2This paper ... spiralling liquidity crisis is in place, even solvent institutions may fail. A disruption of the efficient allocation of savings into investment then ensues. Runs are not necessarily a thing of...
- 41
- 1,550
- 0
WORKING PAPER SERIES NO 868 / FEBRUARY 2008: PURDAH ON THE RATIONALE FOR CENTRAL BANK SILENCE AROUND POLICY MEETINGS pptx
... members into those that indicate an inclination towards monetary policy tightening, those that suggest an easing, and those that are neutral: ninclinatioingeasninclinationoninclinatiotighteningCOMt°¯°®−+=101 ... Working Paper Series is available from the ECB website, http://www.ecb.europa.eu/pub/scientifi c/wps/date/html/index.en.htmlISSN 1561-0810 (print) ISSN 1725-2806 (online) WORKING PAPER SERIES NO ... upward trend in inflation with some caution. Inflation is, in my opinion, too high. 11ECB Working Paper Series No 868February 2008statement can be published during a blackout period. In our database,...
- 39
- 669
- 0
Tìm thêm: hệ việt nam nhật bản và sức hấp dẫn của tiếng nhật tại việt nam xác định các mục tiêu của chương trình khảo sát các chuẩn giảng dạy tiếng nhật từ góc độ lí thuyết và thực tiễn khảo sát chương trình đào tạo của các đơn vị đào tạo tại nhật bản xác định thời lượng học về mặt lí thuyết và thực tế tiến hành xây dựng chương trình đào tạo dành cho đối tượng không chuyên ngữ tại việt nam điều tra đối với đối tượng giảng viên và đối tượng quản lí nội dung cụ thể cho từng kĩ năng ở từng cấp độ xác định mức độ đáp ứng về văn hoá và chuyên môn trong ct phát huy những thành tựu công nghệ mới nhất được áp dụng vào công tác dạy và học ngoại ngữ mở máy động cơ rôto dây quấn hệ số công suất cosp fi p2 đặc tuyến hiệu suất h fi p2 đặc tuyến tốc độ rôto n fi p2 đặc tuyến dòng điện stato i1 fi p2 động cơ điện không đồng bộ một pha thông tin liên lạc và các dịch vụ phần 3 giới thiệu nguyên liệu từ bảng 3 1 ta thấy ngoài hai thành phần chủ yếu và chiếm tỷ lệ cao nhất là tinh bột và cacbonhydrat trong hạt gạo tẻ còn chứa đường cellulose hemicellulose chỉ tiêu chất lượng theo chất lượng phẩm chất sản phẩm khô từ gạo của bộ y tế năm 2008