Objective The main purpose of FINESS is to get a clear understanding of the implications of ongoing financial market integration in Europe on economic growth, employment and competitiveness, to identify likely future paths of the development and to draw policy relevant conclusions. Several main breakthroughs will be achieved throughout the project. On the macroeconomic level, the role of financial systems and their transmission channels on growth will be explored by innovative and tailor made econometric techniques, taken dynamic interactions between financial, product and labour markets into account. A range of indicators to measure the degree of financial integration will be constructed, and their development in time will be addressed. Moreover, insights into the working of financial institutions will be provided for the microeconomic level. The comparative approach undertaken by FINESS is especially useful to uncover catalysts and bottlenecks in the architecture of financial systems. By investigating unique datasets, the role of the financial structure, i.e. the banking sector, markets for private equity and venture capital, for improving efficiency and sustainable expansion of start ups and established firms is studied. The impacts of different degrees of financial integration on the portfolio decisions of households are explored with simulation models. Topics specifically related to the transition period of the New Member States as well as the gender dimension in turning impulses from the financial system into efficiency and growth are covered by the project. By fulfilling its goals, FINESS will provide in-depth knowledge on the relationship between financial systems and sustainable economic growth in a changing environment. Fields of science natural scienceschemical sciencescatalysissocial scienceseconomics and businessbusiness and managementemployment Keywords EU enlargement Financial integration banking sector competitiveness econometric models employment gender aspects growth housholds policy implications private equity venture capital Programme(s) FP7-SSH - Specific Programme "Cooperation": Socio-economic Sciences and Humanities Topic(s) SSH-2007-1.2-03 - The role of finance for growth, employment and competitiveness in Europe Call for proposal FP7-SSH-2007-1 See other projects for this call Funding Scheme CP-FP - Small or medium-scale focused research project Coordinator DEUTSCHES INSTITUT FUR WIRTSCHAFTSFORSCHUNG DIW (INSTITUT FUR KONJUNKTURFORSCHUNG) EV Address Mohrenstrasse 58 10117 Berlin Germany See on map Region Berlin Berlin Berlin Activity type Research Organisations Administrative Contact Tatjana Ribakoff (Dr.) Links Contact the organisation Opens in new window Website Opens in new window EU contribution No data Participants (7) Sort alphabetically Sort by EU Contribution Expand all Collapse all CENTRE D'ETUDES PROSPECTIVES ET D'INFORMATIONS INTERNATIONALES France EU contribution € 46 928,00 Address Rue georges pitard 9 75740 Paris See on map Region Ile-de-France Ile-de-France Paris Activity type Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments) Administrative Contact Laurence Nayman (Ms.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data THE CHANCELLOR MASTERS AND SCHOLARS OF THE UNIVERSITY OF CAMBRIDGE United Kingdom EU contribution € 113 460,00 Address Trinity lane the old schools CB2 1TN Cambridge See on map Region East of England East Anglia Cambridgeshire CC Activity type Higher or Secondary Education Establishments Administrative Contact Barker Dawn (Ms.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data IFO INSTITUT LEIBNIZ INSTITUT FUR WIRTSCHAFTSFORSCHUNG AN DER UNIVERSITAT MUNCHEN EV Germany EU contribution € 85 770,00 Address Poschinger strasse 5 81679 Muenchen See on map Region Bayern Oberbayern München, Kreisfreie Stadt Activity type Research Organisations Administrative Contact Timo Wollmershäuser (Dr.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data UNIVERSITEIT GENT Belgium EU contribution € 101 520,00 Address Sint pietersnieuwstraat 25 9000 Gent See on map Region Vlaams Gewest Prov. Oost-Vlaanderen Arr. Gent Activity type Higher or Secondary Education Establishments Administrative Contact Saskia Vanden Broeck (Ms.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data EBERHARD KARLS UNIVERSITAET TUEBINGEN Germany EU contribution € 139 880,00 Address Geschwister-scholl-platz 72074 Tuebingen See on map Region Baden-Württemberg Tübingen Tübingen, Landkreis Activity type Higher or Secondary Education Establishments Administrative Contact Andreas Rothfuss (Dr.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data Iceg European Center Kutató És Tanácsadó Kft. Hungary EU contribution € 53 180,00 Address Nagyida street 9 1112 Budapest See on map Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Administrative Contact Gábor Pellényi (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data INSTITUTE FOR MARKET ECONOMICS Bulgaria EU contribution € 26 740,00 Address Patriarh evtimii blvd., fl.3 61 1463 Sofia See on map Activity type Other Administrative Contact Svetla Kostadinova (Ms.) Links Contact the organisation Opens in new window Website Opens in new window Other funding No data
