Logo Logo
Help
Contact
Switch language to German
Three essays in applied empirical economics. The financing of governments, corporations and households
Three essays in applied empirical economics. The financing of governments, corporations and households
Each of the three chapters of this thesis is related to a specific aspect of financing and concerns, respectively, governments, corporations, and households. The first chapter studies the determinants of euro-denominated Central and Eastern European (CEE) government bond spreads that reflect the financing costs incurred by these countries. The second chapter turns to the corporate sector and analyses whether corporate debt markets in the euro area are converging. In this way we assess whether corporations face similar financing conditions with respect to bank loan and bond interest rates. Chapter 3 investigates households’ withdrawing of home equity to access their housing wealth as an additional source of finance. The three chapters of this thesis are self-contained and can be read independently of each other.
government bond spreads, loan and bond market integration, home equity withdrawal
Ebner, André
2010
English
Universitätsbibliothek der Ludwig-Maximilians-Universität München
Ebner, André (2010): Three essays in applied empirical economics: The financing of governments, corporations and households. Dissertation, LMU München: Faculty of Economics
[img]
Preview
PDF
Ebner_Andre.pdf

778kB

Abstract

Each of the three chapters of this thesis is related to a specific aspect of financing and concerns, respectively, governments, corporations, and households. The first chapter studies the determinants of euro-denominated Central and Eastern European (CEE) government bond spreads that reflect the financing costs incurred by these countries. The second chapter turns to the corporate sector and analyses whether corporate debt markets in the euro area are converging. In this way we assess whether corporations face similar financing conditions with respect to bank loan and bond interest rates. Chapter 3 investigates households’ withdrawing of home equity to access their housing wealth as an additional source of finance. The three chapters of this thesis are self-contained and can be read independently of each other.