Since the start of the Banking Union in November 2014, European banks lost nearly half their market capitalization. Important risks in bank balance sheets are still unaccounted for requiring an even larger…
The European Banking Authority (EBA) disclosed the effect of losses in a stress test on bank capital ratios on 29 July 2016. We assess the capital adequacy of these banks based on these disclosures and using two…
In October 2014, the European Banking Authority (EBA) and the European Central Bank did a comprehensive assessment of the balance sheets of the largest 123 banks in the Eurozone. They calculated a capital…
We investigate the role of executive-specific attributes in explaining bank business models beyond pay-per-performance incentives. We decompose the variation in business models and show that idiosyncratic…
Using a unique dataset of more than 1 million loans made by 296 German banks, we evaluate the impact of many aspects of customer–bank relationships on loan default rates. Banks need historical data about their…
The shift of employment from lower to higher productive firms is an important driver for structural change and industry dynamics. We investigate this reallocation in terms of employment gains and losses from…
A growing literature investigates how firms’ innovation input reacts to changes in the business cycle. However, so far there is no evidence whether there is cyclicality in the effects of innovation on firm…
Die Digitalisierung und Automatisierung der Wirtschaft schreiten immer weiter voran. Insbesondere die Vernetzung von IT- und Geschäftsprozessen (Industrie 4.0) ermöglicht immer neue Anwendungs- und…
Der technologische Wandel erlaubt es zunehmend, Wertschöpfungsprozesse automatisiert und digital gestützt zu erbringen. Diese Digitalisierung und Automatisierung ist im Produktionsbereich beispielsweise…
