Absinken der langfristigen US-
Zinsen findet sich in Obstfeld/Tesar (2015) und The Executive Office of the President of the United States (2015)
page
6
2. Das theoretische Modell und [...] ENGLE C, HENDRY D., RICHARD J.F. (1983), Exogeneity, Econometrica, 51, 277-304
EXECUTIVE OFFICE OF THE PRESIDENT OF THE UNITED STATES (2015), Long Term In-
terest-Rate: A Survey, [Zugriff am:
this assumption our micro–econometric
2
page
approach mimics the decision of a loan officer to grant credit to a firm by eval-
uating the creditworthiness of the firm subject to bank–specific [...] additional macroeconomic or bank industry–
specific factors determining the decision of the loan officer. In a second step we
separate the variation of lending policies, which is captured by the time [...] policies over the business cycle, which is independent from the quality assessment
of the loan officer. We include a set of T −1 time dummies, where T = 25 is the
number of surveys between June 2003
rate within a 2-digit
industry as the best approximation available from the National
Statistical Office. From this source we also get data on the Gross Value
Added (GVA) in 2-digit industries. This can [...] types.
12 Real values are calculated using an industry specific deflator. From the German
Statistical Office, Gross Value Added is available in current and constant prices on
industry level. We use this information [...] Sectors classified as high-tech sectors are NACE
categories 30, 32 and 33, i.e. “Manufacture of office machinery and
computers”, “Manufacture of radio, television and communication
equipment and apparatus”
rate within a 2-digit
industry as we can obtain this information from the National Statistical Office as the best
7 A more detailed comparison of [...]
9 Real values are calculated using an industry specific deflator. From the German Statistical Office, Gross
Value Added is available in current and constant prices on industry level. We use this i [...] M.o. machinery and equipment 15 / 266 42 / 439 41 / 254 32 / 116 22 / 109 152 / 1184
30 M.o. office machinery and computers 0 / 5 0 / 3 0 / 4 0 / 0 1 / 6 1 / 18
31 M.o. electrical machinery 10
products (28) -0.006 (0.013)
Man. of machinery and equipment n.e.c. (29) -0.007 (0.012)
Man. of office machinery and computers (30) 0.026 (0.131)
Man. of electrical machinery and apparatus (31) -0.003
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having an electromechanical actuating drive for the rudder. United States Patent and Trademark Office. April 25, 2002.
US20020047680A1
having an electromechanical actuating drive for the rudder. United States Patent and Trademark Office. April 25, 2002.
US20020047680A1
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Cambridge University Press.
Cunningham, T. (2006). The predictive power of the Senior Loan Officer Survey: Do lending officers know anything special? In: Federal Reserve Bank of
Atlanta working paper 2006–24 [...] logarithms, with the
exception of the spread and the data from the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS), for which
a level specification was taken into account.
We do not use [...] adjusted).
� Total mortgages to the private non-financial sector.
� Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) on banks’ credit conditions: a quarterly survey of
major banks in the United
(2016) for the case of Germany.
8 See for an analysis of cash payments and receipts of the cash offices in the US within a panel framework Judson & Porter
(2001, ch5.2).
page
Journal of
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dc:subject
extended-properties:Application Microsoft [...] euro area and to allow them to sub-frontload credit institutions having their head or registered office in their jurisdiction from 1 December 2001. Also, national central banks of the euro area were allowed
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Franz
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Angepasste
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Willkommen
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Willkommen
Publisher: Routledge
Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House,
37-41 Mortimer Street, London W1T 3JH, UK
Applied Economics Letters
Publication [...] Economy, Brussels.
Judson, R. A. and Porter, R. D. (2004) Currency demand by
Federal Reserve cash office: what do we know?, Journal
of Economics and Business, 56, 273–85.
Porter, R. D. and Judson, R
(in spring 2011) became a prospective candidate for the French elections in
2012, he and his office reportedly got more involved into the program and exerted influence
to soften it.56 The same
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A
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N