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access_permission:extra [...] (1990), and Friedman and Kuttner (1993, long-term and short-term assets) contains useful
1998), among others, have established the pre- information for predicting business cycle fluc-
tuations over and beyond [...] call rate).
followed by a downward movement of inflation.
6We should mention that we have tried other spread series
4In recent years economists have identified a number of such as the spread between the
from
the other factors to these autonomous ones, which are government deposits (section 3.1), banknotes in
circulation (section 3.2), the net float (section 3.3) and the residual sum of all other autonomous [...] Assigned to �other autonomous factors�
in foreign currency open market operations of central bank
Outright holdings of Variable representing open market Autonomous factor included in �other autonomous [...] e, the demand for cash increases prior
to the main euro area holidays. Neither the other autonomous factors nor other balance sheet
items are useful in explaining the development of banknotes.
The calendar
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access_permission:extract_content [...] constraints endogenously. We thereby integrate two strands of literature that are
unrelated with each other, namely the mentioned empirical work on firm investment behavior
under imperfect capital markets [...] creditworthy or just because the suppliers themselves are subject to financing
constraints or for any other reason only known to the suppliers. Firms that were not offered any
discounts were excluded from
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access_permission:extract_content [...] the production process but also on the size of the indirect output effect of
innovations. On the other hand, the resulting output effect is not unambiguous since product
innovations could also reduce [...] technical progress’ had an
influence on their employment plans). König/Buscher/Licht (1995), on the other hand, find a
positive effect of process innovation on employment, which is even stronger than the
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access_permission [...]
∂∂
∂
is
the growth rate of employment due to autonomous technological progress and the other elas-
ticities are defined in equation (5). s
Yw indicates the short-run employment threshold [...]
2
2
2
, (13)
whereby ∂ ∂K ql
* is substituted from equation (12). The other long-run elasticities for L and M
with respect to the factor prices klm qqq and, are calculated
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among other things the amount of sur-
face area accessible to the electrolyte. Capacitance at high
frequencies shows the “outer” electrode surface, which may
depend on grain boundaries and other interparticle [...] true
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access_permission:extract_content [...] chemical sensors form more or less sensible components of
modern energy stores, propulsion systems and other tech-
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promising applications. There have been
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transaction purposes on the other. Moreover, the amount of euro banknotes which has been
frontloaded or shipped in the first months [...] 2002. Some authors try to capture the amounts
of currency hoarded in the respective country,6 others analyse foreign holdings of specific
currencies, both from the point of view of a currency exporting
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