35, 595–602.
Judson, R. A., & Porter, R. D. (2004). Currency demand by Federal Reserve Cash Office:
What do we know? Journal of Economics and Business, 56, 273–285.
Leung, F., Ng, P., & Chan,
Świtała, Faculty of Management, University of Warsaw
Language Editor
Dr Joseph Donnelly
Editorial Office: Faculty of Management, University of Warsaw, Szturmowa Str. 1/3, Postal Code 02-678 Warsaw,
Email: [...] been only very recently made available for the euro-area countries by the national
statistical offices. These data, while new, confirm the long term downward trend in the estimated
data available for [...] Globalisation challenges for Europe,
Secretariat of the Economic Council, Finnish Prime Minister’s Office, Helsinki, 2006, pp. 5–47. http://hei.
unige.ch/baldwin/PapersBooks/Unbundling_Baldwin_06-09-20.pdf
nal Comparisons and Use of Dollars Abroad, Board
of Governors of the Federal Reserve System, Office Correspondence, December 18, 199 1
Stock, James H. (1987), Asymptotic Properties of Least Squares
their legal tender status. Moreover, only a short period to deposit these notes in
banks and post offices was provided (Cards International 2016).
Below, we will take up some of the issues that figure [...] 567 563 547 523 558
Source: Deutsche Bundesbank, Bartzsch et al. (2011a, b), Federal Statistical Office and own calculations. For more
information on these estimates see Krueger/Seitz (2014).
4 For
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:
Working Paper 330. April.
Judson, R.A., Porter, R.D., 2004. Currency demand by federal reserve cash office:
what do we know? Journal of Economics and Business 56, 273–285.
Scheiber, T., Stix, H., 2009
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
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
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”
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
quantitative impact on cash demand.
10. See for an analysis of cash payments and receipts of the cash offices in the US within a panel framework
Judson & Porter (2001, ch 5.2).
11. With respect to interest
beobachtenden Absinken der langfristigen US-Zinsen findet
sich in Obstfeld/Tesar [6] und The Executive Office of the President of the United States [7].
4 Auer/Rottmann, 2015 (S. 587 ff.) [8].
5 Issing, 2011 [...] blog/2015/07/14/decline-long-term-interest-rates.
(zuletzt geprüft am 18.08.2016).
[7] The Executive Office of the President of the United
States (2015): Long Term Interest-Rate: A Survey.
Council of Economic
Bank Pekao, Yapi Kredi, UniCredit Tiriac Bank, ATFBank, nor any of their respective
directors, officers or employees nor any other person accepts any liability whatsoever (in negligence or otherwise) [...] Colonnade, Canary Wharf, London E14 5HS, United Kingdom
f) UniCredit Securities, Boulevard Ring Office Building, 17/1 Chistoprudni Boulevard, Moscow 101000, Russia
Regulatory authority: Federal Service
education. More precisely, since a person generally has to show
his certificates to a placement officer at the job center, we use the education information
from unemployment spells and transmit this [...] volatilities
6/09
13/2009 Hainmueller, J.
Hofmann, B.
Krug, G.
Wolf, K.
Do more placement officers lead to lower unem-
ployment? Evidence from Germany
7/09
As per: 22.07.2009
For a full
for full list see Twww.cesifo-group.org/wp T
(address: Poschingerstr. 5, 81679 Munich, Germany, office@cesifo.de)
___________________________________________________________________________
2112
the quarter of
47 In addition, there was also a slight increase in savings deposits by post offices, see Lahiri (2020), 57.
48 Note that the RBI was supposedly not in favor of demonetization, see
tr. 5, 81679 Munich, Germany
Telephone +49 (0)89 2180‐2740, Telefax +49 (0)89 2180‐17845, email office@cesifo.de
Editors: Clemens Fuest, Oliver Falck, Jasmin Gröschl
www.cesifo‐group.org/wp
An
35, pp. 595-602.
Judson, R.A. & R.D. Porter (2004), Currency Demand by Federal Reserve Cash Office: What
do we know?, Journal of Economics and Business, 56, pp 273-285.
Leung, F., P. Ng & S.
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