c Evidence. ZEW Discussion Paper 04 (73). Mannheim.
Petit, P. (1995), Employment and Technological Change. Pp. 366-408 in: Stoneman, P.
(ed), Handbook of the Economics of Innovation and Technological [...] 10%, but the Durbin-
Wu-Hausman test does not reject the null of the exogeneity of innovation with a p-value of 29%.
page
12
4. Database and Descriptive Statistics
4.1 The Ifo Innovation
returns but they are not operating state owned companies (Beck and Fidora, 2008,
p. 6, Fotak et al., 2008, p. 1).4
Based on their objectives the IMF (2008a) distinguishes five types of SWFs: [...] are comparable to private asset managers, in particular mutual funds
(IMF 2008a, p. 9, Beck and Fidora 2008, p. 12).
According to a survey of the International Working Group of SWFs (IWG) [...] für
Wirtschaft und Technologie 2008, p. 8). The German government estimated that only ten
potential investments per year will be reviewed (Bundesrat 2008, p. 2). But it is possible that a
larger
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benchmark
function on the German and European capital markets - even reached
4 See also Feld, L. P. et al. (2023); Frühjahrsgutachten Immobilienwirtschaft 2023 des Rates
der Immobilienweisen.
[...] 637-642.
7 An exception is, for example, the treatment of this topic in Hartmann-Wendels et al. (2010),
p. 562 ff.
8 See Greenwald (2016) and Garriga et al. (2013) for details.
9 Cf. e.g. Bank of England [...]
(2) 𝑎𝑛𝑓(𝑖, 𝑛) =
𝑖
1−(1+𝑖)−𝑛
The annuity factor increases ceteris paribus (c.p.) as the interest rate
increases, and it decreases with maturity. For long maturities, it
converges
definiert
2
( ) , wobei
( )
=
sd pU
mean p
(2)
mean(p) für die durchschnittliche Punktzahl aller Mannschaften am Vorspieltag und sd(p)
entsprechend für die Standardabweichung [...] German Bundesliga, Universität Zürich, Working Paper No. 41, May
2006.
Cairns, J., N. Jennet und P.J. Sloane, (1986), The Economics of Professional Team Sports: A
survey of theory and evidence. Journal [...] Demand in Sport:
The case of English soccer, The Statistician 51, S. 229-241.
Garcia, J. und P. Rodriguez (2002), The Determinants of Football Match Attendance
Revisited: Empirical evidence from
io
ns
P
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so
ns
m
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ne
d
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[...]
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1.
Konstante
Wahrscheinlichkeit
Abh. = 0 Abh. = 1 Ges. Abh. = 0 Abh. = 1 Ges.
P(Abh=1)≤C 88 4 92 93 77 170
P(Abh=1)>C 5 73 78 0 0 0
gesamt 93 77 170 93 77 170
korrekt 88 73 161 93 0 93
% korrekt [...] das Probit-Verfahren folgendermaßen darstellen:
2
'
0,51Pr( 1| , ) ( ', )
2
X ß
u
i i iP Y X e du Xβ β
π
−
−∞
= = = = Φ∫ ,
Pi repräsentiert die Wahrscheinlichkeit, dass ein bestimmtes [...] räge, Nr.80.
McFadden, D. (1973): Conditional Logit Analysis of Qualitative Choice Behaviour, in
P. Zarembka (Hg.), Frontiers in Econometrics, Academic Press.
Stock, J.H. und M.W. Watson (2002), Forecasting
rit − rf︸ ︷︷ ︸
pit
= αi + βi · (rMt − rf︸ ︷︷ ︸
pMt
) + εit, (12)
mit der Risikoprämie pi des Fonds i als Regressand und der Risikoprämie pM des Markt-
portfolios als Regressor. εi stellt einen [...] Parameter des Modells (12) können mittels der Methode kleinster Quadrate über
β̂i =
Cov(pi, pM)
V ar(pM)
(13)
α̂i = p̄i − β̂i · p̄M (14)
geschätzt werden, da diese Schätzer für ein derartiges [...] weniger in die risikolose Anlage und mehr in den Fonds zu
investieren.
¾σ
¾µ
Ñê
Ñ
¾ ¾ê pÜ~êéɵ = + ⋅ σ
á
¾µ
á
¾σ
ãáí isçÜåÉ is
(a) Sharpe-Maß
qb
~
= ⋅~ fo qb
á
returns but they are not operating state owned companies (Beck and Fidora, 2008,
p. 6, Fotak et al., 2008, p. 1).4
Based on their objectives the IMF (2008a) distinguishes five types of SWFs: [...] are comparable to private asset managers, in particular mutual funds
(IMF 2008a, p. 9, Beck and Fidora 2008, p. 12).
According to a survey of the International Working Group of SWFs (IWG) [...] für
Wirtschaft und Technologie 2008, p. 8). The German government estimated that only ten
potential investments per year will be reviewed (Bundesrat 2008, p. 2). But it is possible that a
larger
Multi-cultural Project For The Training Of International HR Managers; in M. Morley,
P. Gunnigle, N. Heraty, J.Pearson, H. Sheikh, and S. Tiernan (eds.) Exploring the
Mosaic, Developing
sich die Bodycote Hardiff GmbH auf innovative Anwendungen für
austenitische rostfreie Stähle(S³P) spezialisiert. Unsere anspruchsvollen Kunden kommen aus der Industrie,
Medizintechnik und dem
C.V.
Blvd. Santa María No. 1440
Parque Industrial Santa Maria
Ramos Arizpe, Coahuila Mexico C.P. 25903
MAHLE Behr Service America L.L.C.
5020 Augusta Drive
Fort Worth, TX 76106
flag being ‘EQ,’ excluding all non-equities. e.g., Ince and Porter (2006)
4 ISINID = P We require the ISINID flag being ‘P,’ only considering primary listings. e.g., Hanauer and Huber
(2018)
5 Extended [...] value
of assets, with a strike price equal to the ‘promised payment [...] to the debtholders’
(p. 453). Therefore, the required variables can be created using equation (3) of Black
and Scholes (1973): [...] understanding and predicting the cross-
sectional differences in expected returns of individual stocks’ (p. 12). Harvey and Liu
(2021) argue that the identification of factors is highly dependent on the
d
iv
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ed
b
y
to
ta
l
a
ss
et
s.
P
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[...] flag to be ‘EQ,’ excluding all non-equities. e.g., Ince and Porter (2006)
3 ISINID = P We require the ISINID flag to be ’P,’ only considering primary listings. e.g., Hanauer and Huber
(2018)
4 NAME, ENAME [...] es are abnor-
mally high. Furthermore, Ilhan, Sautner, and Vilkov (2021) find that options of S&P
500 firms which provide a protection against downside risks, are more expensive for
carbon-intense
parentheses
*** p<0.01, ** p<0.05, * p<0.1
Table 3: Amount spent on non-durables other than food
Robust standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
(1) (2) [...] errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
Table 5: Amount spent on school expenses
Robust standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
(1) (2) (3) (4) [...] errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
Table 7: Amount spent on food
Robust standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
(1) (2) (3) (4) (5) (6)
Kosmetika - bzw. des Wachstums – Liköre, Spirituosen,
Pharmazeutika. Smart Packing and Packaging (P&P) habe ein riesiges Potential nicht
nur Werte zu schaffen, sondern eine disruptive Innovation für [...] werden kann. (Kaltschmidt, 2017), (Kannenberg,
2019)
2.5 Smarte Verpackungen
Pick-By-Ink (P-INK)
Das elektronische Papier “Pick-bei-Ink” von der Größe einer Kanban-Karte ist dünn,
biegsam [...] Weiteren ist es
Industrie 4.0 fähig, momentan allerdings noch im Forschungsstadium. („Plug and Pick
mit P-INK“, 2016), (Emmerich & Emmerich, 2017), (Tüllmann, Prasse, Sagner, &
Piastowski, 2017), (Korn, Schmidt
p1,1 . . . p1,N
...
. . .
...
pK,1 . . . pK,N
q =
q1
...
qK
Every line of P specifies a long-short (or long only) portfolio of the N assets, with every pk,n
specifying [...] views matrix P , an (K×N)-Matrix of K views on N assets;
a vector q of expected returns of the K views; and a (K×K)-Covariance Matrix Ω of these
views. P and q are of the following form:
P =
[...] n of expected returns µ is4
µ ∼ N(m,V ), (10)
where
m = V
(
Ψ−1π + P ′Ω−1q
)
(11)
and
V =
(
Ψ−1 + P ′Ω−1P
)−1
(12)
The posterior distribution of the assets’ returns are then (as
2019 Schweiz Deutschland
Mittelwert 0.19 %P 0.75 %P
Maximalwert 4.60 %P 4.10 %P
Minimalwert -6.20 %P -5.20 %P
Standardabweichung 1.57 %P 1.33 %P
Quelle: eigene Darstellung.
4.2 Empirische [...] 75.31%
Differenz der effektiven Verzinsung "Fest" vs. "Variabel" über den Gesamtzeitraum 1.00%P 0.37%P
page
15
Effekt der Durchschnittswertberechnung durch, da die Effektivverzinsung [...] im Euro-Währungsgebiet, Kasten 3, Monatsbericht März, 46-48.
Foà G., L. Gambacorta, L. Guiso, & P. E. Mistrulli (2015), The Supply Side of Housing
Finance, BIS Working Papers No 531, Dezember.
equation.4 This leads to the following GARCH(p,q) specification:
Rt = α+
m∑
i=1
βiRt−i + γ1Ft + γ2F13t + εt (1)
εt|ψt−1 ∼ N(0, ht) (2)
ht = δ +
p∑
j=1
ζjε
2
t−j +
q∑
k=1
ηkht−k [...] .., p,
of the process and lagged values ht−k, k = 1, ..., q, of the conditional variance. In our model, it is additionally
related to two seasonal dummies.
In order to determine the size ofm, p and [...] lower than for other Fridays. This result quickly prompted further
research. In an examination of the S&P 500 index, Dyl and Maberly (1988) concluded that the mean
return for Friday the 13th is higher than
countries of the European Economic and Monetary Union (EMU) (U.S. Department of
the Treasury, 2013, p. 25). Krugman argues that Germany has done nothing to reduce its trade
surplus against EMU crisis [...] large German current account surplus was not regarded as a global problem
(Sengupta/Aizenman, 2010, p. 2). As the current account balance of the Euro area as a whole was
largely balanced from the beginning [...] current account balances within the Eurozone are often
considered as important (Obstfeld, 2012, p. 16).
3. The relationship between the current account and the capital account
An isolated view
Ruhala und W. Rydman (2002), Euro Coin Diffusion, University of
Helsinki, mimeo.
van Blokland, P., L. Booth, K. Hiremath, M. Hochstenbach, G. Koole, S. Pop, M. Quant und
D. Wirosoetisno (2002), The
urce/pdf/change_management_studie_2012_0.pdf, zuletzt
geprüft am 30.07.2016.
Christ, Johannes P. (2015): Intelligentes Prozessmanagement. Marktanteile ausbauen, Quali-
tät steigern, Kosten reduzieren [...] projects.
Techn. Univ., Diss.--München, 2013. München: Verl. Dr. Hut (Informatik).
Seiwert, C.; Klee, P.; Martinez, L.; Pei, M.; Portak, M.; Safonov, A. et al. (2012): Data Migra-
tion to IBM Disk Storage [...] Aufl. s.l.: Springer-Verlag. Online ver-
fügbar unter http://gbv.eblib.com/patron/FullRecord.aspx?p=451068.
Tiemeyer, Ernst (2010): Handbuch IT-Projektmanagement. Vorgehensmodelle, Managemen-
tinstrumente
Business Renaissance Quarterly, Herbst 2008, 3(3); S. 129-135; Abrufbar unter:
http://findarticles.com/p/articles/mi_qa5430/is_200810/ai_n31111692/?tag=content
;col1; Letzter Aufruf: 04.09.2010, 12:40 Uhr
Journal of Applied Finance 19, S. 7*21.
De Grauwe, P. (2008), Animal Spirits and Monetary Policy, CESifo Working Paper No.
2418.
De Grauwe, P. (2012), Lectures on Behavioral Macroeconomics, Princeton
digital payment infrastructure, cash
remains the most popular means of payment at the POS and for P2P transactions in the euro
area. The results of the latest comprehensive household survey (SPACE) [...] consumers still prefer to pay in cash over card
payments in 2019: 73% of the volume of POS and P2P transactions was carried out using
cash as a payment instrument. In value terms, cash transactions [...]
of all transactions. On average, euro area residents made 1.6 transactions (at the POS and
P2P) per day, with a corresponding transaction value of €25.6. However, figure 2
demonstrates a co