Ing business host:cpb.nl

Ing business host:cpb.nl 



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L:\publicaties\...\cpbdoc15.wp [PFP#1210200691]
... . 33 see dietzenbacher, smid and volkerink (2000). the authors present evidence on aegon, ing, fortis, abn amro and rabobank. the presence of direct and indirect equity participations ... and welfare. within the framework of an overlapping generations general equilibrium model with business cycle fluctuations banks are modelled as friction-reducing financial intermediaries in the credit market ...
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CEP2009 uitgebreide samenvatting pdf
... working paper smets, f. en r. wouters, 2007, shocks and frictions in the u.s. business cycle a bayesian dsge approach, american economic review, vol 97. no. 3., 2003, blz. 586 ... tegen faillissement op hun obligaties. 17 begin februari bedroegen de kapitaalinjecties 10 mld euro voor ing, 3 mld euro voor aegon en 0,75 mld voor sns reaal. 18 het uitstaande ...
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Two-Tier Labor Markets in the Great Recession: France vs. Spain
... local and virtual international research center and a place of communication between science, politics and business. iza is an independent nonprofit organization supported by deutsche post foundation. the center is ... employees is much cheaper in france than in spain, but this would be mislead- ing, since there are additional important components of firing costs beside severance pay. for example, ...
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Microsoft Word - DP ECA voorblad.doc
... is sometimes seen as the only possible way towards harmonisation of business taxes in europe. this paper explores the welfare e ects ... proposals by the european commission, which involve a net broaden- ing of the corporate tax bases in europe in combination with ... a large multinational sector. in the ...gures, countries are ranked accord- ing to the size of their multinational sector (more left is a ...
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Microsoft Word - discussion164.doc
... capital ratios, or credit ratings. however, it is questionable whether these indicators fully capture bank- ing risk. for instance, bou-said and saucier (2003) argue that risk indicators based on balance ... a bank. finally, we include the number of subsidiaries as a proxy for diversification and business fran- chise power. table appendix provides an overview of all variables, their definition as well ...
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Microsoft Word - cpbdoc96
... seeking to limit aggressive sales tactics by salesmen promising high returns. recent research on business services (excluding financial services) has shown that differences in regulation constitute an important barrier ... individual insurances and 58.1 respectively, hhi of 1383 and 1089 respectively in 2001). ing and aegon together own almost fifty percent of the collective life insurance market. on ...
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does employment affect productivity pdf
... . we show that the endogeneity of employment matters crucially for the results. estimat- ing a structural model with 3sls, where employment depends on demographic variables and labour ... and productivity. review of economics and statistics, gali, j. (1999). technology, employment and the business cycle do technology shocks explain aggregate uctuations? american economic review, greasley, d. and madsen ...
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00 An Analytical Framework of I [PFP#1092129299]
... take into account that profits of incumbents are reduced following entry, often denoted as the business stealing effect. another issue that may occur in horizontally differentiated markets is the benefit to ... the opti- mal amount of effort. such schemes should reward managers for output increases result- ing from increased effort, but shield them from income risk resulting from the fluctua- tions in ...
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bijz8.pdf
... respectively), larissa van geijlswijk (chapter 13, electricity and gas markets), nicole de jager, now at ing group (chapters 3 and 4, economic development in comparison and structural comparison; the work ... et al. (1996 18) as national differences narrow and the intensity of competition increases, business decisions on where to locate become more sensitive to differences in domestic policies and ...
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governance stakeholder relationships german and dutch experience pdf
... this way, stakeholder relationships cause a mutual dependency between the participants in a business enterprise. the return on the relationship-specific investment of a particu- lar stakeholder ... perfectly enforceable in court. contracts are always incomplete, because bounded rationality generates contract- ing costs. depending on the degree of incompleteness three types of contracts are relevant, ...
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