The aim of this paper is to provide an empirical backbone to the debate about the macroeconomic effects of large upward exchange rate adjustments of tightly managed or pegged exchange rate regimes. Using a…
The goal of clustering is to partition the objects (here: persons) into groups which ideally should be homogenous and well-separated (i.e. low within-group and high between-groups heterogeneity). In the context…
Our paper analyzes the corporate financing behavior of German residential property companies. The German residential property industry is characterized by a predominance of nonlisted companies with different…