Michael(1989), The Determinants of the Money Multiplier in the United Kingdom,
Journal of Money, Credit, and Banking, Vol. 2 1, S. 464-480
Becker, William E. (1 975), Determinants of the United States [...] Boeschoten, Willem C., Fase, Martin M.G. (1992), The Demand for Large Bank Notes, Journal
of Money, Credit, and Banking, Vol. 24, S. 3 19-337
Bordo, Michael D., Jonung, Lars (1987), The Long-run Behavior [...] Economy, Vol. 66, S. 303-328
Calvo, Guillermo A., Kumar, Manmohan S. (1994), Money Demand, Bank Credit, and Eco-
nomic Performance in Former Socialist Economies, IMF Staff Papers, Vol. 41, S. 3 14-349
der Spread-Analyse, da sich
Veränderungen im Credit Spread un-
mittelbar auf ihre Finanzierungskonditio-
nen auswirken. Drittens lässt sich anhand
eines Credit-Spread-Modells ein Fair Va-
lue von Anleihen [...] Restlaufzeit einen signifikanten Einfluss
ausüben.
Determinanten von Credit
Spreads: Theorie
Für unsere Analyse sind Credit Spreads
definiert als die Renditedifferenz zwischen
einer Unternehmensanleihe [...] Horst Rottmann und Franz Seitz*
Credit Spreads und ihre Determinanten in Deutschland
Sowohl für Unternehmen als auch für externe Beobachter kann die Analyse von Credit Spreads,
d.h. der Differenz
der Spread-Analyse, da sich
Veränderungen im Credit Spread un-
mittelbar auf ihre Finanzierungskonditio-
nen auswirken. Drittens lässt sich anhand
eines Credit-Spread-Modells ein Fair Va-
lue von Anleihen [...] Restlaufzeit einen signifikanten Einfluss
ausüben.
Determinanten von Credit
Spreads: Theorie
Für unsere Analyse sind Credit Spreads
definiert als die Renditedifferenz zwischen
einer Unternehmensanleihe [...] Horst Rottmann und Franz Seitz*
Credit Spreads und ihre Determinanten in Deutschland
Sowohl für Unternehmen als auch für externe Beobachter kann die Analyse von Credit Spreads,
d.h. der Differenz
and Sustainable Development and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Mandatory 5
Location Language Duration of
Module
Frequency of Module Max [...]
Management of Startup-projects
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max [...] Municipal Planning" and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max
and Sustainable Development and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Mandatory 5
Location Language Duration of
Module
Frequency of Module Max [...]
Management of Startup-projects
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max [...] Municipal Planning" and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 2
Location Language Duration of
Module
Frequency of Module Max
Income and wealth effects
5.1.2.3 Liquidity effects
5.1.2.4 Exchange-rate effects
5.1.3 Credit channel
5.1.3.1 Bank lending channel
5.1.3.2 Balance sheet channel
5.1.4 The significance
European Emerging Market
Economies in the 1990s
March 20, 2000 Katrin Wesche 41 Is there a Credit Channel in Austria?
The Impact of Monetary Policy on Firms’
Investment Decisions
June 20 [...] Martin Summer 57 Banking Regulation and Systemic Risk
January 28, 2002 Maria Valderrama 58 Credit Channel and Investment Behavior in
Austria: A Micro-Econometric Approach
February 18,
2002
and Happiness across Europe: Do Reference Values Matter?, November 2007
2147 Dan Anderberg, Tax Credits, Income Support and Partnership Decisions, November
2007
2148 Andreas Irmen and Rainer Klump
and Happiness across Europe: Do Reference Values Matter?, November 2007
2147 Dan Anderberg, Tax Credits, Income Support and Partnership Decisions, November
2007
2148 Andreas Irmen and Rainer Klump
and Happiness across Europe: Do Reference Values Matter?, November 2007
2147 Dan Anderberg, Tax Credits, Income Support and Partnership Decisions, November
2007
2148 Andreas Irmen and Rainer Klump
Whither Loose Change? The Diminishing Demand for
Small-Denomination Currency, Journal of Money, Credit and Banking 41, 315-335.
Bartzsch, N, G Rösl & F Seitz (2013), Currency movements within and
Rating Systems E. Hayden, D. Tasche
2 2003 Credit Risk Factor Modeling and A. Hamerle,
the Basel II IRB Approach T. Liebig, D. Rösch
1 2004 Forecasting Credit Portfolio Risk A. Hamerle,
T. Liebig, H. [...] which occurred in January 1988. German M3 consisted of currency in circulation
(excluding the credit institutions’ cash balances) and sight deposits, time deposits for
less than four years and savings [...] three months' notice held by domestic non-
banks – other than the Federal Government – at domestic credit institutions.26
The Bundesbank published seasonally adjusted data on the level of the money
Explaining the US bond yield conundrum
Harm Bandholz a; Jörg Clostermann b; Franz Seitz c
a UniCredit MIB, Global Research, New York, NY 10017, USA b University of Applied Sciences, Ingolstadt, D-
85049 [...] Explaining the US bond yield
conundrum
Harm Bandholza, Jörg Clostermannb and Franz Seitzc,*
aUniCredit MIB, Global Research, 150 East 42nd Street, New York,
NY 10017, USA
bUniversity of Applied Sciences [...] this article are those of the
authors and do not necessarily represent those of the
Bayerische UniCredit Global Research.
References
Backus, D. K. and Wright, J. H. (2007) Cracking the
conundrum,
Evidence from Argentina and Estonia in the 90’s
Kalin Hristov
DP/23/2002 Credit Activity of Commercial Banks and Rationing
in the Credit Market in Bulgaria (in Bulgarian only)
Kalin Hristov, Mihail Mihailov [...] countries). This should
be mainly due to the influence of cash-substituting financial instruments, e.g.
credit and debit cards. On the other hand, there are currencies for which the
traditional transactions and [...] constitutes an incentive to use cashless
payments, especially electronic money as well as debit and credit cards, more
frequently, as payment instruments will become further harmonized across
1
A case
Das European Credit Transfer and Accumulation System (ECTS) ist ein Punktesystem
zur Anrechnung von Studienleistungen.
SWS = Semesterwochenstunden
Workload:
Einem Credit-Point wird [...] prüfen die jeweiligen Dozenten, ob die bereits abgelegten Fächer inhaltlich und bzgl. Umfang
(Credit Points bzw. Semesterwochenstunden) etc. den Anforderungen unserer Fächer entsprechen. Abhängig davon [...]
SPO-Nr.: Art des Moduls
Kind of Module
Umfang in ETCS-Leistungspunkte
Number of Credits
1 Allgemeine Pflichtfächer ECTS: 5
Ort
Location
Sprache
Language
Dauer des
Technischen Hochschule Am-
berg-Weiden nachzuweisen. Die Prüfungskommission legt bei fehlenden Credits zu Beginn des Studi-
ums die zusätzlich zu erbringenden Studien- und Prüfungsleistungen fest,
program includes a successfully completed practical study semester (practical phase).
Total ECTS credits in the entire study program: 1�(.
Aufgrund der Systemakkreditierung vom 14.(5.1(�6, ausgesprochen
program includes a successfully completed practical study semester (practical phase).
Total ECTS credits in the entire study program: 1�(.
Aufgrund der Systemakkreditierung vom 14.(5.1(�6, ausgesprochen
L. Radaeli, V. K. Singh, A. Pentland: Unique in the
shopping mall: On the reidentifi ability of credit card metadata, in: Sci-
ence, Bd. 347, Nr. 6221 (2015), S. 536-539.
3 Zur Terminologie vgl. A
14 E.M. L e e p e r, J.E. R o u s h : Putting
„M“ Back in Monetary Policy, in: Journal of
Money, Credit and Banking, Vol. 35, 2003,
S. 1217-1256; und M. K i n g : No Money, no
Infl ation – the role of
professors at the beginning of the semester.
A normal semester load usually consists of 30 ECTS credits per semester.
get nominated
by home university
apply via
Mobility Online
learning
agreement [...] professors at the beginning of the semester.
A normal semester load usually consists of 30 ECTS credits per semester.
get nominated
by home university
apply via
Mobility Online
learning
agreement
availability. Within credit variables, we distinguish between
three main groups: credit growth, credit impulse, and credit standards. As regards the first group, in general all credit growth
variables yield [...] Treasuries).16
The credit variables we evaluate are the following:
� Bank credit of commercial banks (total and break-adjusted).
� Credit to private Depository Institutions.
� Credit to the private domestic [...] and consumer loans excluding credit cards; willingness to lend to consumers).17
� Credit impulse which is based on the change in the flow of credit of different credit aggregates.
Appendix B. Charts
professors at the beginning of the semester.
A normal semester load usually consists of 30 ECTS credits per semester.
get nominated
by home university
apply via
Mobility Online
learning
agreement [...] professors at the beginning of the semester.
A normal semester load usually consists of 30 ECTS credits per semester.
get nominated
by home university
apply via
Mobility Online
learning
agreement
Macroeconomic
Determinants and the Effect of Monetary Policy on Debt Burdens, Journal of Money, Credit
and Banking. 49, 469-494.
Europäische Zentralbank (2007), Änderungen der Bankkreditzinsen und [...] September.
Lee, K. (2018), Fixed-Rate Mortgages, Labor Markets, and Efficiency, Journal of Money,
Credit and Banking 50, 1033-1072.
Koijen, R., O. van Hemert & S. van Nieuwerburgh (2009), Mortgage Timing [...] Choosing Between Fixed and Adjustable Rate Mortgage,
in: Agarwal, S. & B. W. Ambrose (Hg.), Household Credit Usage: Personal Debt and
Mortgages, Palgrave, 219-236.
page
21
Rachel, L. & T
experiencing a credit crunch.
Following Udell (2009), “economists generally define a credit crunch as a
significant contraction in the supply of credit reflected in a tightening of credit
conditions [...] observed reductions in their bank credit volumes. However, since
their dependent variable was credit volume, the identification problem still re-
mained and credit supply shifts had to be identified [...]
climatesector -14.04 23.21 -70.6 53.6 56946
Notes: credit = 1, if the firms assess the banks’ credit supply policy as “restrictive”, credit =
0, if the firms indicate “normal” or “accommodating”