IWH FDI Micro Database
IWH FDI Micro Database The IWH FDI Micro Database (FDI = Foreign Direct...
Centre for Evidence-based Policy Advice
Centre for Evidence-based Policy Advice (IWH-CEP) ...
Bank Response to Higher Capital Requirements: Evidence from a Quasi-natural Experiment
Review of Financial Studies,
We study the impact of higher capital requirements on banks’ balance sheets and their transmission to the real economy. The 2011 EBA capital exercise is an almost ideal quasi-natural experiment to identify this impact with a difference-in-differences matching estimator. We find that treated banks increase their capital ratios by reducing their risk-weighted assets, not by raising their levels of equity, consistent with debt overhang. Banks reduce lending to corporate and retail customers, resulting in lower asset, investment, and sales growth for firms obtaining a larger share of their bank credit from the treated banks.
Wirtschaft im Wandel
Wirtschaft im Wandel Mit seiner Zeitschrift "Wirtschaft im Wandel" will das IWH...
18.12.2018 • 22/2018
IWH leads large scale EU research project on productivity
Is productivity growth slowing in industrialised countries? And if so, why? From the start of 2019, the Halle Institute for Economic Research (IWH) will be addressing these questions as the coordinator of a new EU project. Economists and statistics experts from nine European partners will collaborate on the three-year project, entitled MICROPROD. With a total budget of just under three million euros, it is the IWH’s largest EU project to date.
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Data Protection Policy ...
Transformation tables for administrative borders in Germany – data In order to...
Joint Economic Forecast
Joint Economic Forecast The joint economic forecast is an instrument for evaluating...
At a Glance
IWH at a Glance The Halle Institute for Economic Research (IWH) – Member of the...