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pdf:docinfo:created 2012-04-15T09:35:14Z
page
Messages
from the
International Workshop
on
Resilience as Requirement for Sustainable Development
A contribution to tackle [...] March 28 to 30, 2012, a group of 47 scientists, representatives from regulatory agencies, NGOs,
businesses and from media assembled in Wildbad-Kreuth, Germany, to explore whether and to what extent
the [...] water reclamation versus
large scale centralized treatment, small urban garden farming versus agro-business) although the
range of scalable solutions will be smaller for water supply than for food. Redundancy
of added value (∆ Yt) and prices
(∆ Pt). For modelling business expectations, we make use of a qualitative variable of the Ifo
Business Survey that reports the expected development of the product [...] results. Zimmermann (1991) finds a negative impact of
technical progress on employment by using business survey data to evaluate the determinants of
labour demand (i.e. demand, labour costs, technical [...] negative impact on employment.
In this paper we present an empirical study which is based on the Ifo Business Survey Panel for
the years 1980-1992. This panel consists of observations for 2405 firms and
Das theoretische Modell und die Daten
Wie viele Zinsanalysen von Banken, Zentralbanken und internationalen Organisationen wie
IWF, OECD oder BIZ stellen auch Bandholz et. al. (2009) bezüglich der [...] THOMAS C.P. (2013), Foreign holdings of
U.S. Treasuries and U.S. Treasury yields, Journal of International Money and Finance, 32, 1120-
1143.
BERNANKE B. (2006), Remarks by Chairman Ben S. [...] (2005), Empirical Exchange Rate Models of the
Nineties: Are any fit to survive?, Journal of International Money and Finance, 24, 1150-1175.
DERKSEN S., KESELMAN H. J. (1992), Backward, Forward
difficult. For example, 0.01% of businesses in retail and hospitality account for almost
40% of sales, whereas the three smallest business categories (70% of all businesses) ac-
count for less than 7% of [...] billion, domestic businesses held €163 billion and other sectors held €54 billion.
Transferable deposits: average of estimates of methods 1 and 2
Businesses Households Businesses+rest
2010 163 [...] method 1
Businesses Households Businesses+rest
2010 197.6 383.2 253.3
2011 197.6 373.4 251.9
2012 217.4 398.4 281.4
Transferable deposits: estimates based on method 2
Businesses Households
Ltd. 9600 Garsington Road, Oxford OX4 2DQ, UK and 350 Main Street, Malden, MA 02148, USA
International Finance 13:3, 2010: pp. 409–441
DOI: 10.1111/j.1468-2362.2010.01267.x
page
ing a [...]
the final targets of monetary policy. These, in turn, are captured by some
measure of the business cycle and price developments. An essential element
of the implementation of interest rate rules [...] ‘Stock Market Downswing and the Stability of European
Monetary Union Money Demand’, Journal of Business and Economic Statistics, 24,
395–402.
Coenen, G., A. Levin and V. Wieland (2005), ‘Data U
Zinssätze, die über den langfristigen liegen.
Langfristige Aufwertungserwartungen können zudem internationale Anleger zu einem
längerfristigen Engagement am Kapitalmarkt bewegen und so entgegen den [...] Paper No. 157, July 2004.
Brand, C., Reimers, H.-E., Seitz, F. (2003), Narrow Money and the Business Cycle:
Theoretical Aspects and Euro Area Evidence, Jahrbuch für Wirtschaftswissenschaften,
Vol [...] 246-262.
Carlstrom, C.T., Fuerst, T.S. (2004), Thinking about Monetary Policy without Money,
International Finance, Vol. 7, S. 325-347.
Christiano, L., Rostagno, M. (2001), Money Growth Monitoring
oup.de
Prof. Dr. Franz Seitz
University of Applied Sciences Weiden
Department of Business and Economics
Hetzenrichter Weg 15
D-92637 Weiden
e-mail: f.seitz@haw-aw.de
and
WSB Poznan [...] (2005), Empirical Exchange Rate Models
of the Nineties: Are any fit to survive?, Journal of International Money and Finance
24, pp. 1150-1175.
Chinn M.D., LeBlanc, M & O. Coibion (2005), The Predictive [...] Shore (2005), A Monthly Crude Oil Spot Price Forecasting
Model Using Relative Inventories, International Journal of Forecasting 21, pp. 491-
501.
Zamani, M. (2004), An Econometrics Forecasting Model
152) und die international vergleichende Studie von Bagnall et al. (2016).
2 Bezeichnend ist der Titel der Monografie von Kenneth Rogoff, dem ehemaligen Chefökonom des
Internationalen Währungsfonds: [...]
19 Vgl. Rösl (2006, 2007), im internationalen Kontext Harper (1948), Timberlake (1987) und Warner (2014).
20 Agarwal und Kimball (2015) sprechen [...] (2016),
Consumer Cash Usage: A Cross-Country Comparison with Payment Diary Survey Data,
International Journal of Central Banking, 1-61.
Bartzsch, N., G. Rösl und F. Seitz (2013), Currency Movements
No. 01/179.
Canova, F. & T. Menz (2011), Does Money Matter in Shaping Domestic Business
Cycles? An International Investigation, Journal of Money, Credit and Banking 43, pp.
577-607.
Canova, [...] Euro Area,
Journal of International Money and Finance 29, pp. 111-22.
Evans, Martin D. D. (2005), Where Are We Now? Real-Time Estimates of the
Macroeconomy, International Journal of Central Banking [...] and
the Role of Money and Credit, International Finance 13, pp. 377–407.
Gertler, M. & N. Kiyotaki (2011), Financial Intermediation and Credit Policy in
Business Cycle Analysis, in: B. Friedman and
Department of Business Administration
� Business Administration
� Retail and Services Management
� Human Resource Management
(Regensburg)
� Marketing Management (Hof)
� Business and Law (Asch [...] � Medical Engineering
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The Weiden Campus
� Medical Engineering
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ManagementM [...] Creation-Date 2016-12-07T15:54:55Z
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relies on the advantage of hindsight. Today, we know that the Fed’s
real-time assessment of the U.S. business cycle was too pessimistic. Taking this real-time
problem into account, the Fed’s monetary policy [...] the Bundesbank’s monthly reports and
from the statistical supplements called “Seasonally Adjusted Business Statistics,” which
3 See, for instance, Deutsche Bundesbank (1981a, p. 30) and Deutsche Bundesbank [...] in the Bundesbank’s reaction function.
In order to assess an economy’s current position in the business cycle and its likely
development over the horizon relevant to monetary policy, both the level of
wirtschaftspolitischen Eingriffen auf
den internationalen Finanzmärkten wird im Kapitel 5 die Frage nach der Notwendigkeit
von regulierten internationalen Kapitalströmen aufgegriffen. Abschließend werden [...] der Risikoverteilung steigen
die Vorteile aus einer internationalen Diversifikation von Wertpapierportfolios mit der
page
Internationale Kapitalströme vor dem Hintergrund der Finanzkrise 327 [...] Industrieländer im internationalen Kapitalverkehr, (c)
die zunehmende Bedeutung der Schwellenländer und (d) die steigende Verästelung der
Kapitalströme.
page
Internationale Kapitalströme vor
in der Praxis zunehmend an Bedeutung. Dies zeigt
sich auch in der Festlegung nationaler und internationaler
Standards zur Leistungsmessung. In Deutschland entwi-
ckelte die Deutsche Vereinigung für Fi [...] rschung Univer-
sität Karlsruhe, 1991.
Sharpe, W.F., Mutual Fund Performance, in: Journal of Business,
1966, S.119–138.
Stehle, R., Renditevergleich von Aktien und festverzinslichen
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gart 2002.
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Wittrock, C., Moderne Verfahren der Performancemessung, Hand-
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Shaping Domestic Business Cycles? An International
Investigation, Journal of Money, Credit and Banking 43, pp.
577-607.
http://dx.doi [...] Roffia (2013),
Euro Area Money Demand and International Portfolio
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pp. 1271-1301.
http://dx.doi.org/10.1111/j.1468-2354.2005.00367.x
Ireland, Peter N. (2004b), Money's Role in the Monetary Business
Cycle, Journal
38
Abbildung 17: Anzahl der Kartenzahlungen im internationalen Vergleich . . . . . . 39
Abbildung 18: Wert der Kartenzahlungen im internationalen Vergleich . . . . . . . . 40
Abbildung 19: Sche [...] Oxford
Business & Economics Conference June 24 – 26, 2009.
Simes, R., Lancy, A. & I. Harper (2006), Costs and Benefits of Alternative Payments
Instruments in Australia, Melbourne Business School Working [...] trumente in Deutschland.
Nach einer Beschreibung der Entwicklungen in einem nationalen und internationalen
Kontext erfolgt ein kritischer Literaturüberblick zu Kostenberechnungen und der Be-
deutung
Evidence on the Impacts of
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Industrial Organization 20, pp. 1-17
Bond S. and C. Meghir (1994), Dynamic Investment [...] (1993), The Demand for Trade Credit: An Investigation of
Motives for Trade Credit Use by Small Businesses. Federal Reserve Bulletin, 1-18
Fazzari, F., G. Hubbard, and B. Petersen (1988), Financing [...] Petersen, M. A. and R. G. Rajan (1994), The Benefits of Lending Relationships: Evidence from
Small Business Data. Journal of Finance 49, pp. 3-37
Petersen, M. A. and R. G. Rajan (1997), Trade Credit: Theory
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Taylor, J. B. (1999). The robustness and efficiency ofGraduate School of Business, Columbia University.
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Interest rate spreads as predictors of German inflation and business
cycles
a a , b*Detelina
Since leasing and other forms of hiring of capital goods have
become more widespread in the business sector since the 1970s, we employ the user concept for
the production factor capital. The nominal [...] increase in the real wage bill will be even
lower. In addition, price increases reduce the international competitiveness of domestic industry,
which causes a reduction of exports and an increase in [...] Series. Springer-Verlag, New York.
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Schulsystem: Internationale
deskriptive Evidenz und mögliche Bestimmungsfaktoren, Oktober 2005.
No. 16 Wößmann, L., Ursachen der PISA-Ergebnisse: Untersuchungen auf Basis der
internationalen Mikrodaten [...] Responses,
August 2005.
No. 13 Abberger, K., The Use of Qualitative Business Tendency Surveys for Forecasting
Business Investing in Germany, June 2005.
No. 12 Thum, M. Korruption und Schat [...] 2005.
No. 5 Sülzle, K., Duopolistic Competition between Independent and Collaborative Business-to-
Business Marketplaces, March 2005.
No. 4 Becker, Sascha O., K. Ekholm, R. Jäckle and M.-A. Muendler
OECD Employment Outlook. Paris.
World Bank (2005), Doing Business, Hiring and Firing Workers,
http://rru.worldbank.org/DoingBusiness/ExploreTopics/HiringFiringWorkers/
Appendix
[...] 2005.
No. 5 Sülzle, K., Duopolistic Competition between Independent and Collaborative Business-to-
Business Marketplaces, March 2005.
No. 4 Becker, Sascha O., K. Ekholm, R. Jäckle and M.-A. Muendler [...]
Labour Market Institutions and Employment Thresholds.
An International Comparison
Gebhard Flaig
Horst Rottmann
Ifo Working Paper No. 15
Erik; McAfee, Andrew: The Great Decoupling, Harvard Business Review, June 2015.
Kirby, Julia; Davenport, Thomas H.: Beyond Automation, Harvard Business Review, June 2015.
Renninger, W.: Digitalisierung [...] Transformation im Hochschulbereich
erlaubt neue lukrative Geschäftsmodelle, die auch
neue und international tätige privatwirtschaftliche
Anbieter auf den Bildungsmarkt führen und die Wett-
bewerbsposition
narrowly related to special
characteristics of currency, e.g. its anonymity and secrecy.5 An international comparison of
currency demand equations including socio-economic factors is presented by Kenny [...] B, for several OECD
countries. The latter topic is analysed by Hirvonen/Virén, 1996, for Finnish business firms and Boeschoten, 1992,
ch. 2 for Dutch households.
10 See Rinaldi, 2001, for Belgium; Boeschoten [...] et al., 2002, for Italy and Goodhart/Krueger, 2001, as well as Snellman et
al., 2000, for an international comparison including several EU countries.
9
ECB
Work ing Paper Ser ie s No . 330
April
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Keywords Money, business cycle, forecast comparison, VAR models
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July, p. 3.
Canova, F. and T. Menz (2011), Does Money Matter in Shaping Domestic Business Cycles? An
International Investigation, Journal of Money, Credit and Banking, 43, pp. 577-607.
Carlstrom [...] K. and F. Seitz (2000), Interest Rate Spreads as Predictors of German Inflation
and Business Cycles, International Journal of Forecasting, 16, pp. 39-58.
Judson, R. (2012), Crisis and Calm: Demand [...] September/October 2009, 91(5, Part 1), pp. 419-40.
Xu, T. (2012), The Role of Credit in International Business Cycles, Bank of Canada, Working Paper
2012-36, November.
ECB Working Paper 1803, June