The economic situation and development in the German regions along the border with Poland
Gerhard Heimpold
Jahrbuch für Regionalwissenschaft,
Nr. 1,
2004
Abstract
Artikel Lesen
Measurement of Contagion in Banks' Equity Prices
Reint E. Gropp, G. Moerman
Journal of International Money and Finance,
Nr. 3,
2004
Abstract
This paper uses the co-incidence of extreme shocks to banks’ risk to examine within-country and across country contagion among large EU banks. Banks’ risk is measured by the first difference of weekly distances to default and abnormal returns. Using Monte Carlo simulations, the paper examines whether the observed frequency of large shocks experienced by two or more banks simultaneously is consistent with the assumption of a multivariate normal or a student t distribution. Further, the paper proposes a simple metric, which is used to identify contagion from one bank to another and identify “systemically important” banks in the EU.
Artikel Lesen
Wechselwirkungen zwischen Bevölkerungsrückgang und regionaler Ökonomie - Konsequenzen für den Stadtumbauprozess
Peter Franz
vhw Forum Wohneigentum - Zeitschrift für Wohneigentum in der Stadtentwicklung und Immobilienwirtschaft,
Nr. 2,
2004
Abstract
Die rückgängige Einwohnerzahl vieler ostdeutscher Städte lenkt die öffentliche Aufmerksamkeit auf die Wechselwirkungen zwischen demographischen und ökonomischen Faktoren. Dieses Wirkungsgeflecht wurde bisher wissenschaftlich noch nicht ausreichend durchdrungen. Derzeit praktizierte Strategien des Stadtumbaus sind stark auf gegenwärtige und zukünftig erwartete demographische Veränderungen ausgerichtet. Der Beitrag liefert Argumente dafür, „Schrumpfung“ nicht als unabänderliches Schicksal hinzunehmen, sondern sich abzeichnende Abwärtsspiralen unter Zuhilfenahme regionaler wirtschaftspolitischer Strategien zu unterbrechen.
Artikel Lesen
Innovation cooperation: experiences from East and West Germany
Jutta Günther
Science and Public Policy,
2004
Abstract
This paper deals with innovation cooperation as a means to support the ongoing catch-up process of the East German economy. Against prevalent beliefs, it can be shown that East German enterprises are more often involved in innovation co-operation than West German firms, and differences in cooperation partner priorities only reflect the given structural differences between the two regions. While cooperating enterprises in East and West Germany are clearly more innovative than their non-cooperating counterparts, a productivity advantage of these firms is (so far) only observable in West Germany. Reasons for this surprising finding are discussed.
Artikel Lesen
Competition Policy in Central East Europe in light of EU Accession
Johannes Stephan
Journal of Common Market Studies,
2004
Abstract
This study reviews the progress made in EU accession candidates on competition policy. The analysis shows that institution-building and legislation are well under way and that anti-trust practice is not too lax. Due to the diversity among the accession countries under review, the study finds that the strictly rule-based frame work of the EU might not be the most favourable solution for some candidates: firstly, the small and open economies of most candidates make it particularly difficult to define the ‘relevant market’ in competition cases. Secondly, the traditionally intense vertical integration of production in accession states calls for a reassessment of ‘vertical restraints’. The policy implications of this study suggest that the EU competition task force should take a proactive, case-by-case approach vis-à-vis its new members.
Artikel Lesen
Ausbau Ost: Nachbetrachtung: Das „Sachsen-Rating-Projekt“
Ulrich Blum, Werner Gleißner, Frank Leibbrand
Finance,
2004
Abstract
Artikel Lesen
Zum Stand der Entwicklung des ungarischen Bankensystems
Werner Gnoth
Osteuropa Wirtschaft,
Nr. 1,
2004
Abstract
Artikel Lesen
Technological capability of foreign and West German investors in East Germany
Jutta Günther
IWH Discussion Papers,
Nr. 189,
2004
Abstract
Foreign direct investment (FDI) plays an important role for countries or regions in the process of economic catching-up since it is assumed – among other things – that FDI brings in new production technology and knowledge. This paper gives an overview about the development of FDI in East Germany based on official data provided by the Federal Bank of Germany. The investigation also includes a comparison of FDI in East Germany to Central East European countries. But the main focus of the paper is an analysis of the technological capability comparing majority foreign and West German owned firms to majority East German owned firms. It shows that foreign and West German subsidiaries in East Germany are indeed characterized by superior technological capability with respect to all indicators looked at (product innovation, research & development, organizational changes etc.).
Artikel Lesen
Rating als Chance: Potentiale erkennen, Risiken minimieren
Ulrich Blum
Beratende Ingenieure,
2004
Abstract
Artikel Lesen
Evaluation of Further Training Programmes with an Optimal Matching Algorithm
Eva Reinowski, Birgit Schultz, Jürgen Wiemers
IWH Discussion Papers,
Nr. 188,
2004
Abstract
This study evaluates the effects of further training on the individual unemployment duration of different groups of persons representing individual characteristics and some aspects of the economic environment. The Micro Census Saxony enables us to include additional information about a person's employment history to eliminate the bias resulting from unobservable characteristics and to avoid Ashenfelter's Dip. In order to solve the sample selection problem we employ an optimal full matching assignment, the Hungarian algorithm. The impact of participation in further training is evaluated by comparing the unemployment duration between participants and non-participants using the Kaplan-Meier-estimator. Overall, we find empirical evidence that participation in further training programmes results in even longer unemployment duration.
Artikel Lesen
