Suchergebnisse

Repatriates are mostly an underestimated resource within a company. Repatriates could contribute to sustained competitive advantage of firms as a rare and imperfectly imitable resource, if firms would fully employ their knowledge. In extant literature, we find four major categories of expatriate knowledge: market specific knowledge, personal skills (Adler 2000, Antal 2000, Downes/Thomas, 1999, Kühlmann/Stahl 1995), job related management skills, and network skills (Antal 2000, Downes/Thomas 1999, Kühlmann/Stahl 1995). In an explorative qualitative case study in Austrian commercial banks, we collected data about the knowledge acquired by expatriates using narrative interview techniques. From the perspective of the interviewed repatriates, the existent categories could be confirmed and an additional category of importance was found that so far was not identified in the literature: the general management capacity of expatriates was substantially enhanced during their assignment abroad.

We estimate a dynamic banking model to quantify the impact of a central bank digital currency (CBDC) on the banking system. Our counterfactuals show that a one-dollar introduction of CBDC replaces bank deposits by around 80 cents on the margin. Bank lending falls by one-fourth of the drop in deposits because banks partially replace lost deposits with wholesale funding. This substitution raises banks' interest-rate risk exposure and lowers their resilience to negative equity shocks. If CBDC bears interest or is intermediated through banks, it captures a greater deposit market share, amplifying the impact on lending. The effect on lending is amplified for small banks, for which wholesale funding is more expensive.

My dissertation traces the invention and development of a new form of banking, body banking. Today, the body bank as an institution that collects, stores, processes, and distributes a human body product is a taken-for-granted aspect of medicine in the United States. We donate to blood banks, we cherish sperm bank babies, and we contemplate many sorts of banks, including cord blood banks, gene banks, and egg banks. Such institutions have existed for the past century in the metaphorical shadow of financial banks, and like those better-studied banks have stirred considerable controversy. The driving question behind my dissertation is simply, why banks? How did we come to use "bank" to apply to bodies as well as to dollars? More intriguingly, what does this analogy show us and what is it hiding?