Jens Kolbe, Christian Krekel, Henry Wüstemann
Lodz, Polen,
09.06.2014
- 10.06.2014| III Scientific Conference on Spatial Econometrics and Regional Economic Analysis
Franziska Bremus
Prato, Italien,
09.06.2014
- 10.06.2014| Global Finance - Integration or Mere Convergence?: 12th INFINITI Conference on International Finance
We explore the importance of the presence of large banks and of financial openness for aggregate growth. Large banks matter because of granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank-level do not cancel out in the aggregate but can affect macroeconomic outcomes. Because financial openness may affect size concentration,...
Franziska Bremus, Claudia M. Buch
Prato, Italien,
09.06.2014
- 10.06.2014| Global Finance - Integration or Mere Convergence?: 12th INFINITI Conference on International Finance
Returns merely based on one purchasing price of an asset are uninformative for people regularly contributing to their old-age provision. Here, each purchase has an influence on the outcome. Still, they are commonly used in finance literature, giving an overly optimistic view of expected long-term stock market returns and risks. Moreover, around business cycle turning points when volatility is high...
Dirk Ulbricht
Prato, Italien,
09.06.2014
- 10.06.2014| Global Finance - Integration or Mere Convergence?: 12th INFINITI Conference on International Finance
This paper studies the bank-sovereign link in a dynamic stochastic general equilibrium set-up with strategic default on public debt. Heterogeneous banks give rise to an interbank market where government bonds are used as collateral. A default penalty arises from a breakdown of interbank intermediation that induces a credit crunch. Government borrowing under limited commitment is costly ex ante as...
Christoph Große Steffen, Philipp Engler
Barcelona, Spanien,
09.06.2014
- 28.06.2014| Barcelona GSE Summer Forum
Isabel Teichmann, Vanessa von Schlippenbach
Dead Sea, Jordanien,
06.06.2014
- 10.06.2014| Seventeenth World Congress of the International Economic Association (IEA)
Friedrich Kunz, Karsten Neuhoff, Juan Rosellón
Toulouse, Frankreich,
05.06.2014
- 06.06.2014| Energy Industry at a Crossroads: Preparing the Low Carbon Future: TIGER Forum 2014. Institut d'Economie Industrielle (IDEI) and Toulouse School of Economics
Elisabeth Bügelmayer, Daniel D. Schnitzlein
Essen,
05.06.2014
- 06.06.2014| Empirical Analyses and Datasets on a Small Regional Scale: Workshop on Neighbourhood Effects. Abschlussveranstaltung des Projektes "Nachbarschaftseffekte". Forschungsdatenzentrum Ruhr am RWI, DIW Berlin, IAB Nürnberg, Universität Melbourne (Australien)
Jan Goebel
Essen,
05.06.2014
- 06.06.2014| Empirical Analyses and Datasets on a Small Regional Scale: Workshop on Neighbourhood Effects. Abschlussveranstaltung des Projektes "Nachbarschaftseffekte". Forschungsdatenzentrum Ruhr am RWI, DIW Berlin, IAB Nürnberg, Universität Melbourne (Australien)
Francisco J. Bahamonde-Birke, Uwe Kunert, Heike Link, Juan de Dios Ortúzar
Toulouse, Frankreich,
04.06.2014
- 06.06.2014| Kuhmo Nectar Conference on Transportation Economics 2014: Annual Conference of the International Transportation Economics Association (ITEA)
Heike Link
Toulouse, Frankreich,
04.06.2014
- 06.06.2014| Kuhmo Nectar Conference on Transportation Economics 2014: Annual Conference of the International Transportation Economics Association (ITEA)
Alexandra Avdeenko
Berlin,
04.06.2014
| Cluster-Seminar Öffentliche Finanzen und Lebenslagen: The Freedom of Others: On Behavioral Responses to Mass-Releases from Prisons in the German Democratic Republic (East Germany)