expect the two regimes to correspond to the normal and ‘inverted’ yield curve, and for the bank–public spread to the normal and ‘widened’ spread. The observed spread series Y is assumed to be drawn fromFig. [...] may be due to the differential response of the Bundesbank to under- and overshootings of its monetary target, raising rates in response to an overshoot- ing but not lowering them in response to overshooting [...] for Germany, so we adopt a methodology similar to that in Artis et al. (1995) to identify 7 inflation cycle turning points. We assume thatAccording to Von Hagen (1999), the call rate has been the troughs

strategy to force their employees to leave the firm under strict EPL (Wasmer, 2006, and Boeris and van Ours, 2008). Agents with limited horizons could cling to non-satisfying jobs to avoid the [...] appropriate to analyze the determinants of suicide rates for both genders separately and to try to identify the determinants of the cross-country distribution of suicide rates or to use cross-section [...] of observations decreases to approximately 50% of the benchmark sample (table 3 and 4). The results are robust to these alternative definitions of our data, as well as to the sample adjustments.

hh al tig e C he m ie R ea kt io ns te ch ni k To xi ko lo gi e un d G ef ah rs to ff e M es st ec hn ik u nd S en so ri k II La [...] Electrolytes Based on BMPl- TFSI with Graphite Anodes for Li-Ion Batteries, Poster Session, 216th Meeting of the Electrochemical Society (ECS), 4.-9. Oct. 2009, Vienna, Austria. page P.

profile. We would like to express our thanks to all those, who contribute to the success of our university by their excellent research and development activities. It was only due to the enormous commitment [...] trusted OS-Application have restricted access to memory and to the APIs provided by the OS. In multicore systems, each OS-Application has to be assigned to one processor core in the configuration phase [...] real-time Ethernet data transfer with regard to timing and synchronization. We plan to extend the test platform to provide also a 1 Gbit/s Ethernet interface to introduce the reduced physical layer for

Franz Seitz the Constitution gives to Congress the power to coin money and set its value – a power that, in the 1913 act, Congress itself delegated to the Federal Reserve. The Federal Re- serve [...] monetary aggregates to spending, the behavior of the ag- gregates relative to their annual ranges will likely be of limited use in guiding policy (...), and the Federal Reserve will continue to utilize a broad [...] of monetary policy was intended to be the discount rate, which was set and oper- ated independently by each Reserve Bank, although the Board invested with some authority to review discount policy.“ MEADE

Qualitätsverbesserung der Lehre ein. Lehre-Meeting Am 06.04.2016 fand unter Moderation des Studiendekans Prof. Dipl.-Des. Martin Frey das jährliche „Lehre-Meeting“ statt, in dem der aktuelle Stand [...] ischen Austauschprojektes „Meet Up: Flucht und Heimat“ • Neuplanung des Zusatzangebots ab 2017 • Antragsstellung für verschiedene Förderprogramme (Meet Up, INTERREG, DAAD-Ostpartnerschaft [...] bietet Möglichkeiten zur Implementierung von PRME, schafft Verbin- dungen zu Service-Learning-Projekten wie Flüchtlinge@OTH so- wie die Erweiterung von weiteren studienbegleitenden Angebo-

of how to set τ are available, there is still a lot of subjectivity. In our view, it would be beneficial to either make this subjectivity more explicit or to derive empirical methods to determine [...] Bayesian methods have been developed to derive Bayesian estimators for µ and Σ. On the other hand, heuristic methods are used to limit the impact of the uncertainty or to encompass it by “resampling”. Both [...] (1999). According to Rachev et al. (2008), the Black-Litterman model is “the single most prominent application of the Bayesian methodology to portfolio selection”. It allows to consistently combine

discipline seems not to wane in re- sponse to expansionary shocks to monetary policy that bring down borrowing cost. Thus, although government debt rose (Figure 1) relative to GDP between 2006 and [...] expansionary shock is assumed to raise the stock price due to a lower discount rate and to decrease the interest swaps. Leombroni et al. (2020) calculate a risk premium shock to monetary policy by exploiting [...] 18According to Bini Smaghi (2013), the ECB’s role changed radically in the course of the sovereign debt crisis: ”The ability to push government authorities to make decisions contrary to their immediate

Fakultäts-Meetings zu Lehre und FuE Zu den beiden zentralen Tätigkeitsfeldern „Lehre“ und „Ange- wandte Forschung“ wird die Fakultät künftig jeweils mindes- tens einmal im Jahr spezifische Meetings abhalten [...] Lepke: • Auto.E-Motion Conference und MotorBrain Project Meeting, ams AG, Unterpremstätten, Österreich, 27.09.2011 • MotorBrain Consortium Meeting bei CRF (Centro Ricerche Fiat), Orbassano/Turin [...] Seville 2012 und MotorBrain Project Meeting, Engineering School of the University of Seville, 30.09.2011 und 01.02.2012 • MotorBrain First Review Meeting, Infineon München, 11. - 12.09.2012

is hardly likely to have distorted the results, as this denomination is not likely to be used much in non-euro-area countries. The approach had to be modified when applied to individual denominations [...] employ this method to try to calculate foreign demand for US dollar banknotes, we have decided not simply to exclude by definition those months in which there were net return flows to the Bundesbank [...] introduction of the euro is more likely to be predominantly due to foreign demand. As a precise statistical recording of foreign demand is not possible, it is prudent to make corresponding estimates using

Aktualisierung der Module • Schritte: • Kooperationsvereinbarung mit Fraunhofer: IT-Sicherheit, E-Learning • Anmietung Fraunhofer-Arbeitsgruppe im E-House und am Standtort AM • Verfahren Einstellung [...] Level 2 Nur Fahrer Assistiert Teil- automatisiert Level of automation: terms acc. to SAE draft J3016 2013 (Mercedes S-Klasse) 1998 (Mercedes S-Klasse) 1959 (Porsche 356) [...] Beobachtung der Fahrumgebung System: Für alle Fahr- situationen Level of automation: terms acc. to SAE draft J3016 Level 0 Level 1 Level 2 Nur Fahrer Assistiert Teil- aut

second relates to the existence of a lower threshold of cash used for transaction purposes below which it is no longer profitable for banks to guarantee access to cash and for retailers to accept cash [...] countries are quite heterogenous, both with respect to the real sector (e. g., Belke, et al., 2017) as well as to the financial (ECB, 2020a) and to the payments environment (Esselink & Hernández, 2017) [...] for all frequencies. Therefore, further modifications are needed to allow for these eventualities and to enable this method to be implemented. Fairly accurate estimation results can often be obtained

manufacturing sector are asked to respond to the following question: “How would you assess the current willingness of banks to extend credit to businesses”? The answers to choose from are “accommodating” [...] firms. In this survey firms are asked to give their perception of the current willing- ness of banks to extend credit to businesses. We interpret the responses to the credit question as information [...] “one of the crucial issues related to the credit crunch is the extent to which profitable and viable firms did or did not have access to finance.” They tried to tackle this problem by looking at the

manufacturing sector are asked to respond to the following question: “How would you assess the current willingness of banks to extend credit to businesses”? The answers to choose from are “accommodating” [...] firms. In this survey firms are asked to give their perception of the current willing- ness of banks to extend credit to businesses. We interpret the responses to the credit question as information [...] “one of the crucial issues related to the credit crunch is the extent to which profitable and viable firms did or did not have access to finance.” They tried to tackle this problem by looking at the

manufacturing sector are asked to respond to the following question: “How would you assess the current willingness of banks to extend credit to businesses”? The answers to choose from are “accommodating” [...] firms. In this survey firms are asked to give their perception of the current willing- ness of banks to extend credit to businesses. We interpret the responses to the credit question as information [...] “one of the crucial issues related to the credit crunch is the extent to which profitable and viable firms did or did not have access to finance.” They tried to tackle this problem by looking at the

manufacturing sector are asked to respond to the following question: “How would you assess the current willingness of banks to extend credit to businesses”? The answers to choose from are “accommodating” [...] firms. In this survey firms are asked to give their perception of the current willing- ness of banks to extend credit to businesses. We interpret the responses to the credit question as information [...] “one of the crucial issues related to the credit crunch is the extent to which profitable and viable firms did or did not have access to finance.” They tried to tackle this problem by looking at the

of up to −56.77%, which are related to a momentum crash (reversal) 12The scaled time index ts can be obtained from the original index to = 1, ..., T via ts = (b−a)[to −min to]/[max to − min to] + a [...] NYSE has reduced tick size only a few times: from 8th to 16th in June 1997 and from 16th to penny in January 2001. Comparing 1993 to 2000 with 2001 to 2008, Chordia et al. (2011) document a 75% decrease [...] investors declined from 48% to 22% from 1980 to 2007, while the share of open investment funds increased from 5% to 32%. Second, bonuses for investment bankers also lead to increased demand for high risk

solutions for the future‘s mobility. We are constantly looking for passionate personalities who wish to grow and develop themselves. We offer you a modern working envi- ronment with flat hierarchies. Our [...] Are you interested? Find more information on our homepage: Start your career now! WITH PASSION TO INNOVATION www.avl‑functions.com ‑ sfr.hr@avl.com page 23 AVL Software and Functions [...] solutions for the future‘s mobility. We are constantly looking for passionate personalities who wish to grow and develop themselves. We offer you a modern working envi- ronment with flat hierarchies. Our

force companies to rethink their business models and industries - their strategy, relationships with customers and suppliers, processes and structures. The aim of this publication is to provide a starting [...] Adner: Match Your Innovation Strategy to Your Innovation Ecosystem, in: Harvard Business Review, April 2006, 2006, https://hbr.org/2006/04/match-your-innovation-strategy-to-your-innovation-ecosystem [11.07 [...] Match Your Innovation Strategy to Your Innovation Ecosystem, in: Harvard Business Review, April 2006, 2006, https://hbr.org/2006/04/match-your-inno- vation-strategy-to-your-innovation-ecosystem [11.07

Studienplan festgelegt sein. (7) Einzelne Veranstaltungen können auch virtuell in Form von E-Learning oder Videokonferenzen stattfinden. (8) Ein Anspruch darauf, dass der Masterstudiengang bei [...] 3D-Computeranimation 4 SU/Ü/Pr schr. P. 90 – 180 oder PStA 5 15a o. 15b From Real to Virtual / Computersehen oder Industrielle Bildverarbeitung 4 SU/Ü/Pr schr. P. 90 – 180 oder

data migration as the process of perma- nently moving data from one database to another whereas the databases both belong to ap- plications”78. Eine Implementierung einer neuen Cloud-ERP-Lösung geht [...] Bernt Mayer 24 A Micro Data Approach to the Identification of Credit Crunches von Timo Wollmershäuser und Horst Rottmann 25 Strategies and possible directions to improve Technology Scouting in [...] software solutions, companies have new options for providing the information infrastructure they need to do their business. Based on a concrete scenario in a corporate context and a structured analysis

attributed to the normal response of currency holdings to the lowering of interest rates and to the increase in income from the government stimulus. The remaining 80% may be due to an increase [...] circulation of small, medium and large DM notes amounted to around €3 billion to €9 billion at the end of January 2002. It declined to around €1 billion to €2 billion at the end of January 2003. This is [...] period does not allow to establish a stable cointegration relation, which seems to be due, in particular, to the early part of the sample. 20 We presume that in order to estimate a suitable vector

(gdp) refers to real GDP, (m1) to M1 plus sweeps into money market deposit accounts, (cu) to currency in circulation, (cr_pr) to credit to the private non-financial sector) and (mo_pr) to total mortgages [...] time for the VAR with GDP growth, the term spread and currency. Up to 4 (4 to 8) refers to an average RMSFE for horizons 1 to 4 (4 to 8). 4.2.2. Accounting for structural breaks: constant rolling [...] , our aim is to revisit and explore the informational content of money and credit, in order to draw conclusions as to whether stronger attention should be set on such variables to improve the

Value Weighted Distance to Default Figure 1. Value weighted distance-to-default of EMU+ from January 1993 to June 2020. 2.2. Creation of the Bank spread factor To proxy the distress in the banking [...] in the banking sector to spillover to the cross-section of stocks belonging to the so-called ‘real economy.’ Third, US banks are more active in stock markets, in contrast to their European counterparts [...] from June 1999 to June 2020, we need to start collecting data from 1993 onward. Considering the calculation of DDs, we need one year of data in advance. We lose further five years to perform varying

different motivations and lead to different effects for each individual. Searching for their own personality, people look for clues in many dimensions to be able to evaluate their own selves. In [...] presentation of products is supposed to make those products more preferred, and its impact on Low-Involvement-Products. The purpose of the current study was to examine to what extend the Mere- Expo [...] Psychology at the University of Applied Sciences Amberg-Weiden. To consider the research question from different angles, it was important to use a quantitative as well as a qualitative method in each