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898 results, from 861
  • Refereed essays Web of Science

    The Contribution of Local Public Infrastructure to Private Productivity and Its Political Economy: Evidence from a Panel of Large German Cities

    This paper proposes a simultaneous-equation approach to theestimation of the contribution of infrastructure accumulationto private production. A political economy model for theallocation of public infrastructure investment grants isformulated. Our empirical findings, using a panel of largeGerman cities for the years 1980,1986, and 1988, suggest thatcities ruled by a council sharing the State (`Bundesland')government's ...

    In: Public Choice 113 (2002), 3-4, S. 403-424 | Achim Kemmerling, Andreas Stephan
  • Economic Bulletin 11 / 2002

    The Asia Crisis - Five Years On

    2002| Mechthild Schrooten
  • Refereed essays Web of Science

    Restructuring Know-How and Collateral

    In: Kredit und Kapital 35 (2002), 4, S. 572-597 | Dorothea Schäfer
  • Economic Bulletin 4 / 2001

    A Japanese Abyss? Editorial

    2001| Wolfram Schrettl
  • Economic Bulletin 10 / 2001

    Against the Yen: A Rejected One-Way Bet? Editorial

    2001| Wolfram Schrettl
  • Externe Monographien

    Kazakstan 1993 - 2000: Independent Advisors and the IMF

    Heidelberg: Physica-Verlag, 2001, X, 278 S. | Lutz Hoffmann, Peter Bofinger, Heiner Flassbeck, Alfred Steinherr
  • Vierteljahrshefte zur Wirtschaftsforschung 4 / 2001

    Weak Economy and Strong Currency: The Origins of the Strong Yen in the 1990s

    During the 1990s the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen-dollar exchange rate. It comes to the conclusion that real interest differentials can only explain short-term exchange rate changes. Since prices have been exerting their ...

    2001| Gunther Schnabl
  • Vierteljahrshefte zur Wirtschaftsforschung 4 / 2001

    Financial Market Regulation

    The aim of Japan’s comprehensive financial reform program “Financial Big Bang” was to create an internationally competitive financial sector based on three principles: free, fair and global by 2001. Policy makers encountered two challenges: strengthening competitiveness of the financial sector in the long term, and solving structural problems as soon as possible. Five years after implementation of ...

    2001| Andreas Nabor
  • Diskussionspapiere 211 / 2000

    Social Security Privatization and Financial Market Risk: Lessons from U.S. Financial History

    A popular proposal for reforming social security is to supplement or replace traditional publicly financed benefits with a new system of mandatory defined-contribution private pensions. Proponents claim that private plans offer better returns than traditional social security. To achieve higher returns, however, contributors are exposed to extra risks associated with financial market fluctuations. This ...

    2000| Gary Burtless
  • Diskussionspapiere 193 / 2000

    Banking Crises in Transition Countries - Theory and Empirical Evidence: The Case of Russia

    Das Papier gibt zunächst einen Überblick über die Ursachen und ökonomischen Kosten der Bankenkrise in Rußland, die im Jahr 1998 ausbrach. Eine Analyse des Verhaltens russischer Banken im Zeitraum 1998 bis 1999 zeigt, daß diese sich relativ konservativ bezüglich ihrer Kreditvergabe verhielten. Dies kann ein überraschendes Ergebnis sein aus folgenden Gründen: Die Bankenaufsicht hatte bisher eine relativ ...

    2000| Ulrich Thießen
898 results, from 861
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