zweiten Jahreshälfte 2008 ein und damit später als in den
Industrieländern. Auch die Credit Default Swaps und Credit Spreads einzelner Schwel-
page
338 Albrecht F. Michler und Franz Seitz
[...] ……….. 213
Kommentar: Hanno Beck ………………………………………………………... 242
Thorsten Polleit
Bank Credit and the Business Cycle ……………………………………………... 247
page
X
Gerhard Rösl und [...] eventueller Kreditausfälle wurden in den Verbriefungsstruk-
turen zusätzliche Absicherungselemente (Credit Enhancements) integriert, einzelne
Forderungsausfälle bewirkten folgerichtig noch kein Downgrading
kann hiervon abweichen; vgl. Modulhandbuch/Studienplan
page
9
Abkürzungen
CP Credit Points (Leistungspunkte nach ECTS) mdlP mündliche Prüfung SU seminaristischer Unterricht
Kl
banknotes issued by the Deutsche
Bundesbank. The total outstanding volume of German banknotes (including credit institutions’ cash holdings)
corresponds to the cumulated net issuance, ie the volume resulting [...] Christoph Fischer
12 2010 User costs of housing when households face Tobias Dümmler
a credit constraint – evidence for Germany Stephan Kienle
13 2010 Extraordinary measures in ext [...]
10 2010 Do specialization benefits outweigh Rolf Böve
concentration risks in credit portfolios Klaus Düllmann
of German banks? Andreas Pfingsten
11 2010 Are there
Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions
Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions
Christoph Fischer
12 2010 User costs of housing when households face Tobias Dümmler
a credit constraint – evidence for Germany Stephan Kienle
13 2010 Extraordinary measures in ext [...]
10 2010 Do specialization benefits outweigh Rolf Böve
concentration risks in credit portfolios Klaus Düllmann
of German banks? Andreas Pfingsten
11 2010 Are there [...] volatility Barbara Meller
08 2011 Systemic risk contributions: Klaus Düllmann
a credit portfolio approach Natalia Puzanova
09 2011 The importance of qualitative risk
crisis? Christoph Fischer
12 2010 User costs of housing when households face Tobias Dümmler
a credit constraint – evidence for Germany Stephan Kienle
13 2010 Extraordinary measures in extraordinary [...] 51
10 2010 Do specialization benefits outweigh Rolf Böve
concentration risks in credit portfolios Klaus Düllmann
of German banks? Andreas Pfingsten
11 2010 Are there disadvantaged [...] on output volatility Barbara Meller
08 2011 Systemic risk contributions: Klaus Düllmann
a credit portfolio approach Natalia Puzanova
09 2011 The importance of qualitative risk
assessment
crisis? Christoph Fischer
12 2010 User costs of housing when households face Tobias Dümmler
a credit constraint – evidence for Germany Stephan Kienle
13 2010 Extraordinary measures in extraordinary [...]
49
10 2010 Do specialization benefits outweigh Rolf Böve
concentration risks in credit portfolios Klaus Düllmann
of German banks? Andreas Pfingsten
11 2010 Are there disadvantaged [...] on output volatility Barbara Meller
08 2011 Systemic risk contributions: Klaus Düllmann
a credit portfolio approach Natalia Puzanova
09 2011 The importance of qualitative risk
assessment
Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions
Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions
Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions
Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions
Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions
the Chiang Mai Initiative of bilateral swaps
and credits fostered a re-orientation towards regional arrangements. As of spring 2007, IMF
credit outstanding to emerging market borrowers was less than [...] be used in the
financing of IMF transactions, holdings of SDRs and unused amounts, if any, under credit lines already
activated. The fcc is a measure of the resources available for new financial commitments [...] introduced and used facilities with no or
only negligible ex-post conditionality (e.g. the Flexible Credit Line).
52 Gros, Daniel; Mayer, Thomas, “How to deal,” op. cit.
page
14
program
the Chiang Mai Initiative of bilateral swaps
and credits fostered a re-orientation towards regional arrangements. As of spring 2007, IMF
credit outstanding to emerging market borrowers was less than [...] be used in the
financing of IMF transactions, holdings of SDRs and unused amounts, if any, under credit lines already
activated. The fcc is a measure of the resources available for new financial commitments [...] introduced and used facilities with no or
only negligible ex-post conditionality (e.g. the Flexible Credit Line).
52 Gros, Daniel; Mayer, Thomas, “How to deal,” op. cit.
page
14
program
the Chiang Mai Initiative of bilateral swaps
and credits fostered a re-orientation towards regional arrangements. As of spring 2007, IMF
credit outstanding to emerging market borrowers was less than [...] be used in the
financing of IMF transactions, holdings of SDRs and unused amounts, if any, under credit lines already
activated. The fcc is a measure of the resources available for new financial commitments [...] introduced and used facilities with no or
only negligible ex-post conditionality (e.g. the Flexible Credit Line).
52 Gros, Daniel; Mayer, Thomas, “How to deal,” op. cit.
page
14
program
04.
- 07.09.2011
Prof. Dr. Horst Rottmann
• „A Micro Data Approach to the Identification of Credit Crun-
ches“, angenommen und vorgetragen auf verschiedenen inter-
nationalen Konferenzen
[...] Rösl)
page
88
Prof. Dr. Horst Rottmann
• A Micro Data Approach to the Identification of Credit Crunches,
CEFISO Working Paper No. 3159, 2010 (zusammen mit T. Woll-
mershäuser)
• Ein
nd prüfen die jeweiligen Dozenten, ob die bereits abgelegten Fächer inhaltlich und bzgl. Umfang (Credit Points bzw. Semesterwochenstunden) etc. den Anforderungen unserer Fächer entsprechen. Abhängig davon
für die Studierenden kann hiervon abweichen; vgl. Modulhandbuch/Studienplan
Abkürzungen
CP Credit Points (Leistungspunkte nach ECTS) mdlP mündliche Prüfung SU seminaristischer Unterricht
Kl
the rate on savings deposits minus a money market rate and
the spread between the rate on consumer credit and the base rate. An additional
variable repeatedly included in models for the UK is the rate of [...] households’ demand for loans, Chrystal and
Mizen (2001) find that consumption, money holdings and credit interact both
in the determination of the long-run equilibrium and in their short-run adjust-
ment [...] “Modelling US Households’
Demand for Liquid Wealth in an Era of Financial Change”, Journal of Money,
Credit and Banking 30(1),pp. 82–101.
Atta-Mensah, Joseph (2004), “Money Demand and Economic Uncertainty”
2
Siehe z.B. die Ausgabe des Journal of Money, Credit and Banking vom Dezember 2008 und Gerberding et al.
(2005), Abschnitt 5.
page
3 [...] Paper No. 114, July.
Borio, C.L. & P. Lowe (2004), Securing Sustainable Price Stability: Should Credit
Come Back from the Wilderness, BIS Working Paper No. 157, July
Detken, C. & F. Smets (2004) [...] Corporate Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions to
2
Siehe z.B. die Ausgabe des Journal of Money, Credit and Banking vom Dezember 2008 und Gerberding et al.
(2005), Abschnitt 5.
page
3 [...] Paper No. 114, July.
Borio, C.L. & P. Lowe (2004), Securing Sustainable Price Stability: Should Credit
Come Back from the Wilderness, BIS Working Paper No. 157, July
Detken, C. & F. Smets (2004) [...] Corporate Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions to
2
Siehe z.B. die Ausgabe des Journal of Money, Credit and Banking vom Dezember 2008 und Gerberding et al.
(2005), Abschnitt 5.
page
3 [...] Paper No. 114, July.
Borio, C.L. & P. Lowe (2004), Securing Sustainable Price Stability: Should Credit
Come Back from the Wilderness, BIS Working Paper No. 157, July
Detken, C. & F. Smets (2004) [...] Corporate Culture
von Lianke Song und Bernt Mayer
24 A Micro Data Approach to the Identification of Credit Crunches
von Timo Wollmershäuser und Horst Rottmann
25 Strategies and possible directions to
unsere Untersuchung ist deshalb die
Definition von Bernanke und Lown (1991): „We define a
bank credit crunch as a significant leftward shift in the
supply curve for loans, holding constant both the [...]
Horst Rottmann & Timo Wollmershäuser (2013): A micro
data approach to the identification of credit crunches,
Applied Economics, 45:17, 2423-2441
http://www.ifo.de/portal/page/portal/DocBase_Content/ [...] tschaft
Der Kreditklemmenindikator
Literatur
Ben S. Bernanke und Cara S. Lown (1991), The Credit Crunch, in: Brookings Papers on Economic Activity,
Jg. 1991, Nr. 2, S. 205 – 247.
Deutsche