Feedback Trading and Predictability of Stock Returns in Germany, 1880-1913
Author | : Christian Pierdzioch |
Publisher | : |
Total Pages | : 36 |
Release | : 2004 |
Genre | : Rate of return |
ISBN | : |
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Author | : Christian Pierdzioch |
Publisher | : |
Total Pages | : 36 |
Release | : 2004 |
Genre | : Rate of return |
ISBN | : |
Author | : Michael Koetter |
Publisher | : |
Total Pages | : 68 |
Release | : 2004 |
Genre | : |
ISBN | : |
In this paper, we investigate the claim that German banks are special compared to banks in other industrialised economies. We show that banks are of particular importance to the German economy - as financial intermediary, as lender to the corporate sector, and as part of the corporate governance system. Further, German banks are supervised by two supervisory institutions and have the highest deposit insurance in the world. And last but not least, German banks are numerous, perform poorly, and are part of a historically grown three-pillar system. Hence, German banks can indeed be characterised as unique when compared to other industrialised economies.
Author | : Flandreau Marc |
Publisher | : OECD Publishing |
Total Pages | : 148 |
Release | : 2009-10-30 |
Genre | : |
ISBN | : 9264015361 |
This book traces the roots of global financial integration in the first “modern” era of globalisation from 1880 to 1913 and can serve as a valuable tool to current-day policy dilemmas by using historical data to see which policies in the past led to enhanced international financing for development.
Author | : Michael Stolpe |
Publisher | : |
Total Pages | : 92 |
Release | : 2004 |
Genre | : Venture capital |
ISBN | : |