1,381 research outputs found
Financial integration within the European Union: Towards a single market for insurance
No full textOur study analyses the extent of integration of the EU market for life and non-life insurance. The main integration indicator used is the market share (premium based) of foreign companies in domestic markets. For the calculation of this indicator, three different kinds of foreign presence are taken into account: foreign presence through merger and acquisitions, through branches and agencies and direct cross-border sales without physical presence. Whereas the static view reveals a high degree of national fragmentation the dynamic view indicates advancing integration. The results also show that integration is even less advanced for life than for non-life insurance and that mergers and acquisitions are the dominant strategy to access a foreign market. Besides summarising the liberalisation history of the European insurance sector and discussing consumer benefits from further integration, the study contributes to a better understanding of obstacles to insurance market integration.European Financial Integration; Insurance Sector; Internal Market
Deepening European Financial Integration: Theoretical Considerations and Empirical Evaluation of Growth and Employment Benefits
No full textThis paper analyses some long-run macroeconomic effects of European financial integration. In particular we focus on the further reduction and abolition of cross-border barriers impeding the entry into the markets of banking and insurance products. We follow a theoretical as well as an empirical approach to make predictions about how deeper integration will affect growth and unemployment rates. In our growth model we show that enhanced foreign financial market penetration should increase the overall growth rate unambiguously. The empirical analysis includes a wide set of indicators, each of them capturing different aspects of financial development and financial market integration. On the basis of the estimations a weak growth impact of foreign market penetration can be identified. Hence, deeper financial integration generates a growth bonus. But the long-run growth effect is conditional on differences in institutional characteristics captured by country-specific effects. The analysis is supplemented by an analysis of the potential employment benefits of deeper financial integration. We show that the growth bonus can be transformed into an employment bonus, but also not without considering substantial country-specific differences.economic growth; unemployment; European integration
Drivers of Government Activity in European Countries: Do Partisan Politics Still Divide East and West?
No full textAbstract
This article takes a novel look at the relationship between government activity, partisan preferences and varieties of capitalism. Evidence from panel regressions for 25 EU countries from 1990 to 2014 suggests that there are major divides among European countries in terms of the drivers of government activity, that is, government spending and government regulation. The European divide appears to be even more pronounced between liberal and coordinated economic systems than between the classical geographical divide of east and west, which is typically used in most contributions. While both divides apply to the determinants of government activity in general, a reversal of the classical partisan effect for the east is to be found only in specific cases and, is most likely in government spending in liberal eastern countries
Coat Cooke & Joe Poole | Coat Cooke & Rainer Wiens: Reviews
No full textCoat Cooke album reviews by Randy Raine-Reusch. Coat Cooke (sax); Joe Poole (drums); Rainer Wiens (guitar)
The US dollar, the euro, and the yen: An evaluation of their present and future status as international currencies
No full textThe process of European integration and especially the introduction of the euro as the single currency for up to now 12 member countries of the EU in 1999 may alter the existing clear currency hierarchy. The euro area is comparable in size to the US with respect to GDP and even exceeds the US regarding the share in world trade. Thus questions arise of whether the international monetary system turns out to be bipolar in the long run or whether the yen can also play its part. It turns out that real activity, size and sophistication of financial markets, monetary and financial stability and inertia are the most prominent characteristics making a currency to be preferred on a world-wide level. We thus conclude that the integration and the development of European financial markets are of special importance for a stronger international role of the dollar, but that the historical experience of only gradually changing supremacy of international currencies still applies.International currencies; Dollar; Euro
Robert Rainer and Claud Garner
No full textAuthor Claud Garner, right, autographed copies of his second novel while discussing a tour of other Southwest cities with Robert Rainer, representing his publisher, Creative Age Press. Published in the Fort Worth Star - Telegram morning edition, September 29, 1950.https://mavmatrix.uta.edu/specialcollections_startelegram1950s/6596/thumbnail.jp
Quantum chemistry of 2D-nanomaterials : investigation of graphene, hBN and α-borophene on SiO2 (001)
No full textAuthor: Felix Rainer Serafin Purtscher, BScMasterarbeit University of Innsbruck 202
Quantum chemistry of 2D-nanomaterials : investigation of graphene, hBN and α-borophene on SiO2 (001)
No full textAuthor: Felix Rainer Serafin Purtscher, BScMasterarbeit University of Innsbruck 202
Die politische Religion : Eine Untersuchung über den Ursprung des Verfalls in der Geschichte (1935). Herausgegeben und eingeleitet von Rainer Hering
No full textDer vierte Band der "Hamburger Historischen Forschungen" umfasst in erster Linie die Edition eines unveröffentlichten Textes. Autor ist der Theologe Prof. Dr. Dr. Paul Schütz (1891–1985), der von 1940 bis 1952 Hauptpastor an der Hamburger Hauptkirche St. Nikolai war und zugleich als hauptamtlicher Dozent und später als Professor der Theologie an der Kirchlichen Hochschule Hamburg lehrte. Er gehört zu den ersten, die ein Konzept der politischen Religion entwickelten. Sein 1935 verfasster Beitrag konnte damals nicht publiziert werden.
Heute ist eine Edition dieses Beitrages zum einen wichtig für die Theologie- und Kirchengeschichte. Zum anderen gibt es seit einigen Jahren in der historischen Forschung eine intensive Diskussion über die in den Dreißigerjahren des 20. Jahrhunderts entwickelte Interpretation des „Dritten Reiches“ als „politische Religion“. Dieses Modell, das Diktaturen, insbesondere den Nationalsozialismus, als „politische Religion“ versteht, wird im Allgemeinen Eric Voegelin und Raymond Aron zugeschrieben, die ihre Ansätze 1938 bzw. 1939 publizierten.
Dass Paul Schütz schon drei bzw. vier Jahre zuvor eine solche Konzeption entwickelt hatte, war bis vor Kurzem nicht bekannt. Die vorliegende Edition kann daher neue Impulse für die Debatte über die Geschichte und Tragfähigkeit dieses Ansatzes geben und sie inhaltlich bereichern.The fourth volume of the series "Hamburger Historische Forschungen" comprises primarily the edition of an unpublished text. The author is the theologian Prof. Dr. Dr. Dr. Paul Schütz (1891-1985) who was the main pastor at the Hamburg Main Church St. Nikolai from 1940 to 1952. At the same time he taught as a full-time lecturer and later as professor of theology at the Church University of Hamburg. Schütz was one of the first to develop a concept of political religion. His contribution, written in 1935, could not be published at that time.
Today, an edition of this article is important for the history of theology and church history. On the other hand, for some years now there has been an intensive discussion in historical research on the interpretation of the "Third Reich" as a "political religion" developed in the 1930s. This model, which sees dictatorships, especially National Socialism, as a "political religion", is generally attributed to Eric Voegelin and Raymond Aron, who published their approaches in 1938 and 1939 respectively.
It was not known until recently that Paul Schütz had already developed such a concept three or four years earlier. The present edition can therefore provide new impetus for the debate on the history and viability of this approach and enrich its content
Dos motius grecs en la poesía de Rainer Maria Rilke
No full textThe author has located two ideas in the poet Rainer Maria Rilke from his Duineser Elegien, which come up exactly with two other by Plato and one by the arcaic lyric poet Ibycus of Rhegium. The author has found an echo of the first theme in the Elegies de Bierville by the poet Carles Riba
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