We examine in this paper whether owner controlled banks or manager controlled banks suffered larger losses during the financial crisis. We show that banks operating in countries with better shareholder rights…
This paper gives an overview of the German Social Long-term Care Insurance (Soziale Pflegeversicherung, SLTCI). In the current state, Germany provides a universal, non meanstested contribution-financed social…
The European Emission Trading Scheme (EU-ETS) is the first large-scale and inter-regional trading scheme for greenhouse gas emissions. It is seen as the central instrument of European climate policy. After a…
