Factor forecasting using international
targeted predictors: the case of German GDP Christian Schumacher
11 2009 Forecasting national activity using lots of
international predictors: an application [...] abroad (NDA(t)):
(1) ( ) ( )DD DA DN t N t N+ = .
As a result of foreign travel (tourism, business trips) a certain amount of German
€1 coins drifts to other countries. We assume that this amount [...] from Fraport AG, 7.2 million passengers from other
euro-area countries landed at Frankfurt International Airport in 2007. This amounts
statistically to around 20,000 passengers per day. Frankfurt
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contribute to a rise in the international demand for euro banknotes for trans-
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above suggests. But, as it is known from the international finance literature,
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577-607.
Canova, [...] Euro Area,
Journal of International Money and Finance 29, pp. 111-22.
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Macroeconomy, International Journal of Central Banking [...] and
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11 2004 Real-time data and business cycle analysis
in Germany Jörg Döpke
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know that the Fed´s real-time assessment of the US business cycle was too pessimistic.
Taking this real-time problem into account, the Fed´s monetary policy [...] Bundesbank’s monthly reports and from the statistical supplements called “Seasonally
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42
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of banknote migration, such as tourism, business trips and other instances of cash being taken
abroad. For example, according to anecdotal evidence
currency dealing or surveys of
travellers on the amount of cash that they take on holiday or business trips. However, such
data are subject to some uncertainty as these surveys are generally conducted [...] institutions’ significance in the global market for currency dealing where they
act as an international hub. On balance, the Swiss banks sold the euro banknotes acquired
almost exclusively to banks [...]
15 The information on foreign travel comprises both holidays and business trips.
However, if it is assumed that foreign tourists exhibit a similar payment
16 We
Seitz (2010), Should Monetary Policy Respond to
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4 “Financial Benefits of Business Process Management”
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Wolfgang [...] Seitz, Gerhard Rösl und Nikolaus Bartzsch
31 Labour Market Institutions and Unemployment. An International Comparison
von Horst Rottmann und Gebhard Flaig
32 The Rule of the IMF in the European Debt
area countries (NDA(t)):
NDðtÞ ¼ NDDðtÞ þNDAðtÞ: ð1Þ
As a result of foreign travel (tourism, business trips) a certain amount of German Q1 coins
drifts to other euro-area countries. We assume that this [...] from Fraport AG, 7.2 million passengers from other euro area countries
landed at Frankfurt International Airport in 2007. This amounts statistically to around 20,000 pas-
sengers per day. Frankfurt is
July, p. 3.
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International Investigation, Journal of Money, Credit and Banking, 43, pp. 577-607.
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38
Abbildung 17: Anzahl der Kartenzahlungen im internationalen Vergleich . . . . . . 39
Abbildung 18: Wert der Kartenzahlungen im internationalen Vergleich . . . . . . . . 40
Abbildung 19: Sche [...] Oxford
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Nach einer Beschreibung der Entwicklungen in einem nationalen und internationalen
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deutung
Zinssätze, die über den langfristigen liegen.
Langfristige Aufwertungserwartungen können zudem internationale Anleger zu einem
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producer Acrobat Distiller 5.0.5 (Windows)
Keywords Money, business cycle, forecast comparison, VAR models
Keywords Money, business cycle, forecast comparison, VAR models
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banks (international foreign currency traders) to countries outside the euro area.
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foreign currency traders at the Bundesbank. The estimated regional distribution of euro
banknotes issued in Germany estimated using
Seitz (2010), Should Monetary Policy Respond to
Money Growth? New Results for the Euro Area, International Finance 13, S. 409*441.
Shiller, R. (2001), Human Behavior and the Efficiency of the Financial [...] Innovation at the Firm Level”
von Horst Rottmann und Stefan Lachenmaier
4 “Financial Benefits of Business Process Management”
von Helmut Pirzer, Christian Forstner, Wolfgang Kotschenreuther und
Wolfgang [...] Seitz, Gerhard Rösl und Nikolaus Bartzsch
31 Labour Market Institutions and Unemployment. An International Comparison
von Horst Rottmann und Gebhard Flaig
32 The Rule of the IMF in the European Debt
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performance of their model was
S e i t z : Europäische Geld-
politik, 4. Aufl ., Stutt gart 2004, Kap. II.3.
2 Zu einem internationalen Vergleich der
operativen Umsetzung der Geldpolitik siehe
K. R u c k r i e g e l , F. S e i [...] 6 Siehe für die EWU C. B r a n d , H.-E. R e i -
m e r s , F. S e i t z : Narrow Money and the
Business Cycle: Theoretical Aspects and
Euro Area Evidence, in: Jahrbuch für Wirt-
schaftswissenschaften
Frankfurt am
Main, Germany
b Department of Business Studies, University of Applied Sciences Regensburg,
Seybothstrasse 2, D-93053, Regensburg, Germany
c Department of Business Studies, University of Applied Sciences [...] Frankfurt am Main, Germany
bDepartment of Business Studies, University of Applied Sciences Regensburg,
Seybothstrasse 2, D-93053 Regensburg, Germany
cDepartment of Business Studies, University of Applied Sciences [...]
53, 183–97.
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Kriterien geordnet.
5. (Internationale) Vergleichbarkeit: Die weltweit einheitliche Klassifizierung der Patentdo-
kumente mittels der IPC ermöglicht eine international vergleichbare Analyse technischer [...] Information in Technology Business Planning I, in:
Research Technology Management, 6/1988, S. 42-46.
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egy + business, Winter 2006, S. 46-61.
strukturiert sind.20
• (Internationale) Vergleichbarkeit: Durch die unter dem Punkt Einheitlichkeit ge-
nannten Vorteile ermöglichen Patentinformationen international vergleichbare Analy-
sen [...] Isn’t Everything, in: strategy + business, Winter 2005, S. 54-75.
Jaruzelski, B./Dehoff, K./Bordia, R.: Smart Spenders - The Global Innovation 1000, in:
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[...] en sehr interessant. Die Titelseite einer Pa-
tentschrift ist dabei durch den INID10-Code international vereinheitlicht11, so dass auch die
Daten fremdsprachiger Patente problemlos erfasst werden
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
Vorname, Nachname Robioul Ferdous Fahim
Alter 23 Jahre
Fakultät, Studiengang BWL, International Business
Semester 3
Gremium Fakultätsrat
Fragen
In der Vorlesung bin ich [...] einem Kurs, mehr studentische Aktivitäten,
Veranstaltungen in englischer Sprache für die internationalen Studenten.
Was wollte ich mal (als Kind) werden, werde es aber bestimmt nicht mehr sein?