(mandatory) demand for central bank money on the part of the credit
institutions. However, central bank money can only be created if the credit institutions
transact with the central bank. There are [...] (A.1 in Chart 1) or the credit institutions borrow money
from the central bank (A.2a in Chart 1) or the central bank buys securities (government
bonds) from the credit institutions (A.2b in Chart [...]
P.1: Banknotes in circulation
A.2a: Loans to credit institutions
A.2b: Securities
P.2: Liabilities against credit institutions
A.3: Other factors P.3: Other factors
creation and maintenance of a culture
of long-termism on the German capital market, where long-term credit
relations account for a large proportion of the total.“ H. T i e t m e y -
e r : The Social Market
July 2002.
1) The sum of the number of accepting terminals for cards with a credit function is reported by the
individual credit card institutions. This may result in double counting.
14
ECB
Work ing [...] Money, Credit and Banking, 28(4), pp. 914-939.
Humphrey, D.B., Kim, M., Vale, B. (2001), Realizing the Gains from Electronic Payments:
Costs, Pricing, and Payment Choice, Journal of Money, Credit and Banking [...] payment instruments.
Table 3: Use of payment cards (total value in € of transactions with debit and credit cards per inhabitant)
In this context, it is worth mentioning that in some countries, there are
rationalised within the credit channel framework as
credit is the main balance sheet counterpart to money (Bernanke and Blinder (1988)). However, at times when
money and credit exhibit disparate movements [...] Forecasting and Analysis, Journal of
Forecasting, 14, pp. 1-23.
Bernanke, B.S., Blinder, A.S. (1988): Credit, Money and Aggregate Demand, American
Economic Review, 78(2), P & P, pp. 435–439.
Beyer, A., J [...] Reexamination of the Predictability of Economic Activity
Using the Yield Spread, Journal of Money, Credit and Banking, 34, pp. 340-360.
Handa, J. (2000): Monetary Economics, Routledge, London and New
availability. Within credit variables, we distinguish between three main groups: credit growth, credit
impulse, and credit standards. As regards the first group, in general all credit growth variables [...] Treasuries) 18
The credit variables we evaluate are the following:
Bank credit of commercial banks (total and break-adjusted)
Credit to private Depository Institutions
Credit to the private domestic [...] and
consumer loans excluding credit cards; willingness to lend to consumers)19
Credit impulse which is based on the change in the flow of credit of different credit aggregates
cover their end-of-day liquidity
needs at a rate of interest above the market rate. There are no credit limits or other
restrictions on counterparties� access to the facility (with the exception of the
between 2002 and 2008. The latter appears to be a rather exceptional period. It
coincided with the credit and investment boom in several large EMEs including the BRIC countries.
Since the second quarter [...] Bulletin 32, 1291-1301.
Bräuning, F. & V. Ivashina (2017), U.S. monetary policy and emerging market credit cycles, Federal
Reserve Bank of Boston Working Paper No. 17-9, August.
Bry, G. & C. Boschan [...] 403–417.
Levanon, G., J.C. Manini, A. Ozyildirim, B. Schaitkin & J. Tanchua (2011), Using a leading credit
index to predict turning points in the U.S. business cycle, The Conference Board Economics Program
Michael(1989), The Determinants of the Money Multiplier in the United Kingdom,
Journal of Money, Credit, and Banking, Vol. 2 1, S. 464-480
Becker, William E. (1 975), Determinants of the United States [...] Boeschoten, Willem C., Fase, Martin M.G. (1992), The Demand for Large Bank Notes, Journal
of Money, Credit, and Banking, Vol. 24, S. 3 19-337
Bordo, Michael D., Jonung, Lars (1987), The Long-run Behavior [...] Economy, Vol. 66, S. 303-328
Calvo, Guillermo A., Kumar, Manmohan S. (1994), Money Demand, Bank Credit, and Eco-
nomic Performance in Former Socialist Economies, IMF Staff Papers, Vol. 41, S. 3 14-349
Apparent Instability in some Western European Economies and in the United States", Journal of Money, Credit, and Banking, Vol. 13, No.2, pp. 135-155.
Canzoneri, M., Diba, B., Giovannini, A. (1991). "Currency [...] Girton, L., Roper, D. (1981). "Theory and Implications of Currency Substitution", Journal of Money, Credit, and Banking, Vol. 13, No.1, pp. 12-30.
Gros, D., Thygesen, N. (1992), "European Monetary In [...] 461-463.
Thomas, L. R. (1985). "Portfolio Theory and Currency Substitution", Journal of Money, Credit and Banking, Vol. 17, No. 3, pp. 347-357.
Thomas, S. H., Wickens, M. R. (1991). "Currency Su
der Spread-Analyse, da sich
Veränderungen im Credit Spread un-
mittelbar auf ihre Finanzierungskonditio-
nen auswirken. Drittens lässt sich anhand
eines Credit-Spread-Modells ein Fair Va-
lue von Anleihen [...] Restlaufzeit einen signifikanten Einfluss
ausüben.
Determinanten von Credit
Spreads: Theorie
Für unsere Analyse sind Credit Spreads
definiert als die Renditedifferenz zwischen
einer Unternehmensanleihe [...] Horst Rottmann und Franz Seitz*
Credit Spreads und ihre Determinanten in Deutschland
Sowohl für Unternehmen als auch für externe Beobachter kann die Analyse von Credit Spreads,
d.h. der Differenz
der Spread-Analyse, da sich
Veränderungen im Credit Spread un-
mittelbar auf ihre Finanzierungskonditio-
nen auswirken. Drittens lässt sich anhand
eines Credit-Spread-Modells ein Fair Va-
lue von Anleihen [...] Restlaufzeit einen signifikanten Einfluss
ausüben.
Determinanten von Credit
Spreads: Theorie
Für unsere Analyse sind Credit Spreads
definiert als die Renditedifferenz zwischen
einer Unternehmensanleihe [...] Horst Rottmann und Franz Seitz*
Credit Spreads und ihre Determinanten in Deutschland
Sowohl für Unternehmen als auch für externe Beobachter kann die Analyse von Credit Spreads,
d.h. der Differenz
and Sustainable Development and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Mandatory 5
Location Language Duration of
Module
Frequency of Module Max [...]
Management of Startup-projects
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max [...] Municipal Planning" and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max
and Sustainable Development and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Mandatory 5
Location Language Duration of
Module
Frequency of Module Max [...]
Management of Startup-projects
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max [...] Municipal Planning" and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 2
Location Language Duration of
Module
Frequency of Module Max
and Sustainable Development and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Mandatory 5
Location Language Duration of
Module
Frequency of Module Max [...] Municipal
Planning" and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max [...] Development, serving as a project manager.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max
and Sustainable Development and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Mandatory 5
Location Language Duration of
Module
Frequency of Module Max [...] Municipal
Planning" and others.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max [...] Development, serving as a project manager.
Classification Module ID Kind of Module Number of Credits (ECTS)
Elective 5
Location Language Duration of
Module
Frequency of Module Max
Income and wealth effects
5.1.2.3 Liquidity effects
5.1.2.4 Exchange-rate effects
5.1.3 Credit channel
5.1.3.1 Bank lending channel
5.1.3.2 Balance sheet channel
5.1.4 The significance
European Emerging Market
Economies in the 1990s
March 20, 2000 Katrin Wesche 41 Is there a Credit Channel in Austria?
The Impact of Monetary Policy on Firms’
Investment Decisions
June 20 [...] Martin Summer 57 Banking Regulation and Systemic Risk
January 28, 2002 Maria Valderrama 58 Credit Channel and Investment Behavior in
Austria: A Micro-Econometric Approach
February 18,
2002
Exchange of national currencies for euro took place, free of charge until including March 2002, at credit institutions, national central banks or dedicated exchange points. National central banks will exchange [...] frontload euro banknotes to central banks outside the 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 [...] Also, national central banks of the euro area were allowed to frontload non-euro area credit institutions specialising in the wholesale distribution of banknotes, upon request and subject to certain terms
and Happiness across Europe: Do Reference Values Matter?, November 2007
2147 Dan Anderberg, Tax Credits, Income Support and Partnership Decisions, November
2007
2148 Andreas Irmen and Rainer Klump
and Happiness across Europe: Do Reference Values Matter?, November 2007
2147 Dan Anderberg, Tax Credits, Income Support and Partnership Decisions, November
2007
2148 Andreas Irmen and Rainer Klump
and Happiness across Europe: Do Reference Values Matter?, November 2007
2147 Dan Anderberg, Tax Credits, Income Support and Partnership Decisions, November
2007
2148 Andreas Irmen and Rainer Klump
catalog summer semester 2024 DILLUGIS project
5
Disciplines/courses (volume of each course – 5 credits ECTS)
Дисципліни/курси (обсяг кожного курсу – 5 кредитів ECTS):
Business Processes Management [...] integration in the context of software-supported business processes
Teaching Methods Number of Credits (ECTS) Workload
Lecture, seminar with exercises, computer
exercise
5 Contact time: 60 h
Self-study: [...] business game concludes with the simulation of a general
meeting.
Teaching Methods Number of Credits (ECTS) Workload
Lecture, project work, practical applications
using software
5 Contact time:
catalog summer semester 2024 DILLUGIS project
5
Disciplines/courses (volume of each course – 5 credits ECTS)
Дисципліни/курси (обсяг кожного курсу – 5 кредитів ECTS):
Algorithms and Data Structures [...] Matrix operations,
String matching, RSA public-key cryptosystem.
Teaching Methods Number of Credits (ECTS) Workload
Lecture with exercises; instruction
seminars; practical work in
programming
[...] integration in the context of software-supported business processes
Teaching Methods Number of Credits (ECTS) Workload
Lecture, seminar with exercises, computer
exercise
5 Contact time: 60 h
Self-study:
Whither Loose Change? The Diminishing Demand for
Small-Denomination Currency, Journal of Money, Credit and Banking 41, 315-335.
Bartzsch, N, G Rösl & F Seitz (2013), Currency movements within and
Rating Systems E. Hayden, D. Tasche
2 2003 Credit Risk Factor Modeling and A. Hamerle,
the Basel II IRB Approach T. Liebig, D. Rösch
1 2004 Forecasting Credit Portfolio Risk A. Hamerle,
T. Liebig, H. [...] which occurred in January 1988. German M3 consisted of currency in circulation
(excluding the credit institutions’ cash balances) and sight deposits, time deposits for
less than four years and savings [...] three months' notice held by domestic non-
banks – other than the Federal Government – at domestic credit institutions.26
The Bundesbank published seasonally adjusted data on the level of the money