Econometrica 33, 671–684.
Warnock, F.E. & V.C. Warnock (2005), International Capital Flows and U.S. Interest Rates,
International Finance Discussion paper 840, September 2005.
West. K.D. (1988) [...] Monticini and Vaciago,
2005; Demiralp and Jordà, 2004). The third kind of models discusses the international
transmission of shocks with respect to bond markets (see, e.g., Ehrmann et al., 2005). And [...] (2005), Empirical Exchange Rate Models of the
Nineties: Are any fit to survive?, Journal of International Money and Finance 24, 1150-
1175.
Christiano, L., M. Eichenbaum & C. Evans (2005), Nominal
decisions of the
FOMC by law. In that sense
they are more or less
irrefutable.e)
Legal basis International law which can only
be changed with unanimity by all
EU member states.
(Simple) law which [...] the agenda.
The EU Treaty and the Statutes of the ESCB are the legal basis. Since this is international
law, it can only be modified with unanimity by all EU member states. In this respect, the [...] context it is also important that the independent status of
the Eurosystem is guaranteed by international law (EU Treaty) whereas the status of the Fed
depends on Congress because the Constitution
inzwischen auch für die EZB vorgeschlagen. Taylor, J.B. (1998), The ECB and the Taylor-Rule, The International Economy, Vol. 12, Nr. 5, S. 24, 25, 58, 59; Taylor, J. B. (1998), Rate Setting by the European [...] G./Smets, F. (1999), The Taylor-Rule: A Useful Monetary Policy Benchmark for the Euro Area?, International Finance, Vol. 2, S. 85-116. Eine Vorgehensweise, die letztlich auf einen ähnlichen Ansatz hinausläuft
S. and M. Melvin (2001), International Economics, 5th ed., Boston et al.: Addison Wesley.
litver Obstfeld , M. and K. Rogoff (1996), Foundations of International Macroeconomics, Cambridge (MA): [...] w.ecb.int).
litver Chinn , M.D. and R. Alquist (2000), Tracking the Euro’s Progress, International Finance 3, 357–373.
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Johansen [...] or international mobility rather than CS; see e.g. Brillembourg/Schadler (1979), Cuddington (1983), Thomas (1985). McKinnon (1982) uses the term "indirect CS". In general, the term "(international) portfolio [...] it is probably above all the D-Mark that falls into this category because of its role as an international investment, reserve and anchor currency.� Variables which are able to capture these effects (in
the Demand for Money in the United Kingdom, Board of Governors of the Federal Reserve System, International Finance Discussion Paper No. 457, Washington
Falk, M., Funke, N (1995), The Stability of Money
Manuscript, Department of Economics, University of Western Ontario.
biblio-Entry Bank for International Settlements (1997), The Evolution of Central Banking, chapter VIII of Annual Report No. 67, Basle [...] Haldane, A.G. / King, M.A. (1995), Independence and Accountability, Paper prepared for the 7th International Conference of the Institute for Monetary and Economic Studies, Bank of Japan, Tokyo, 26-27 October [...] Transparency and Control in Monetary Policy, Board of Governors of the Federal Reserve System, International Finance Discussion papers No. 651.
biblio-Entry Fischer, S. (1994), Modern Central Banking
and 38 countries, respectively, Karras (1996a, 1996b) presents evidence for asymmetries in an international context. Moreover, he does not only find asymmetric effects on GDP but also on consumption and [...] inflation (Ball/Mankiw 1994). Caballero/Engel (1992) show that these price rigidities are an international phenomenon. But the results of a recent business survey cast doubt on an asymmetric price setting [...] Vol. 40, pp. 501-533
s1 Ammer, J., Brunner, A. (1995), When is Monetary Policy Effective?, International Finance Discussion Paper No. 520, Board of Governors of the Federal Reserve System, Washington
Anpassungsreaktionen dürften vor allem für die extrem von Erwartungen geprägten nationalen und internationalen Finanzmärkte (und davon abgeleitete Erwartungsindikatoren wie z.B. die Zinsstruktur oder implizite
geführt
wird, wenn die Fachhochschule nach ihrem Fächerspektrum, ihrer Leistungsfähigkeit, ihrer internationalen
Bedeutung und ihrer Kooperation mit Wissenschaft und Wirtschaft dieser Bezeichnung entspricht [...] Bereich kulturelle und musische Belange sowie den Sport.
(4) 1Die Hochschulen fördern die internationale, insbesondere die europäische Zusammenarbeit im
Hochschulbereich, und den Austausch zwischen [...] die Bedürfnisse der beruflichen Praxis und die notwendigen Veränderungen in der
Berufswelt im internationalen Kontext zu überprüfen und weiterzuentwickeln sowie der Entwicklung
professioneller Methoden