Eugene Fama and Kenneth
French argue that their size and value risk premiums already account for default risk,
Vassalou and Xing (2004) deduce, based on their findings, that only part of the default
[...] description of their usage in the analysis, can be found in Table A1 in Appendix A.
The data are retrieved in e, except for the UK and Switzerland, for which we ini-
tially retrieved data in their domestic [...] markets, in contrast to their European counterparts. As such, in times of distress in
the banking sector, they might not be able to freely act on the stock market. This
limits their room for action and
insurance system, the disutility of
unemployment decreases and jobholders as well as unions increase their reservation wage.
This leads to a reduction of job search intensity. Search unemployment and the [...] vulnerable to the adverse effects of strict employment protection regulations.4
In addition to their negative consequences for outsiders, it is possible that strict labor market
institutions may [...] legislation. It is also
conceivable that employers might use mobbing as a strategy to force their employees to leave
the firm under strict EPL (Wasmer, 2006, and Boeris and van Ours, 2008). Agents
rising fund
volumes SWFs began to diversify their assets.
As some SWFs started to disclose their investments one can draw a clearer picture of their
behaviour and strategy even if much remains [...] immediate call on their assets. Their
investments are normally unleveraged and they have an interest in pursuing portfolio
reallocations gradually to limit adverse price effects of their transactions [...] found in
table 1. Table 1 contains the size of the funds, their origin (commodity or non-commodity
based), as well as the year of their inception.6 The ten largest funds combined have a volume
Miller and Volker (1984) and Arabsheibani (1989) base their analysis on compar-
isons between the salaries of workers in occupations relevant to their educational qualification
to those with the same [...] However, over time and depending on how fast employers learn about the
true productivity of their employees, their importance (and hence the signalling value of education)
diminishes. The faster they learn [...] firms are quick in adjusting their expectations.
A slightly different approach is tested by Albrecht and van Ours (2006) who compare formal with
informal hiring methods. Their hypothesis is that firms
solutions, companies have new options
for providing the information infrastructure they need to do their business. Based on a concrete
scenario in a corporate context and a structured analysis of best
enrolling in technical programs, to support
these students at the beginning of their program, and to help
them start their career.
The Center‘s offerings include, among else:
• Girls4tech is a program [...] needs to accompany prospective stu-
dents even during the selection of their program and to familiarize
them with their program in the best-possible way. The university‘s
mission is to provide [...] excellent head start for their future
work life. Quality of teaching becomes apparent whenever OTH
Amberg-Weiden‘s graduates produce outstanding achievements
in their professions thanks to good
When leaders keep harmony in mind and take care of their subordinates, employees feel
concord in their company. Leaders express harmony by their behavior and set a good
example which influences [...] , they generally have
cooperated and shared ideas, which they would usually incorporate with their own.
During the Industrial and Modern Ages, Chinese philosophy began to integrate the
concepts [...] harmonious corporate culture
Wujin (Wang, 2007); corporation should be concerned about employees and their families
(Renbo Chen, 2007). Some viewpoints relate to institutional culture, for example, building
patterns exist and their impact on individuals is
confirmed. Causes of abberrations of organisational steering mechanisms are
discussed. Future trends of organisations and their impact on pathological
English abstract:
Packing and packaging are important components of the logistics supply chain. Their
combination with smart technologies makes it possible to integrate them as active
components with
TIPS-money
This means that commercial banks first have to transfer money from their TARGET-PM
accounts to their TIPS-DCA before they can use it for instant payments (see figure 8a). The
time [...] €32bn (End of 2021)
page
the ECB.3 Commercial banks, are free to produce book money at their will as long as it is
in line with general supervisory regulations.4 The issuance of private e-money [...] intermediaries are the owners of CBDC accounts and handle retail payments for
the central bank on their own accounts are obviously not being pursued any further.
Nonetheless, financial intermediaries
Ours (2004) Does the Recent Success of Some OECD Countries in
Lowering their Unemployment Rates Lie in the Clever Design of their Labour Market
Reforms?, Oxford Economic Papers, 56, 621 - 642.
Bertola [...] insurance system is generous, trade unions may
down weight the disutility of unemployment for their members and prefer higher real wages
for the employed. Employment will be affected negatively [...] unemployment
benefits must incorporate these aspects, because the OECD countries differ widely in their
taxation and eligibility conditions of unemployment benefits.
Tax burden on labour income
continuously deal with the topic and improve their
understanding of it when they first acquire it. Therefore, students will be able to ac-
complish their own learning rhythm. This process shall be supported
GPS
behavior. In their work, Jagadeesh et al. [6] make two ob-
servations: First, the deviation between two consecutive
GPS readings is much smaller than the actual GPS error.
In their experiments, the [...] performance. The analyses documented
in this paper show their large potential (above all in the
case of the Fargione method), but also their weaknesses
and the need for a more rigorous and broader [...] only cooperate with us
in projects, but also made the publication of this report
possible through their financial support! We wish you
an informative and exciting read of the Research Report
2023 of the
only applied in those areas where their technological
benefit is indispensable. As the magnets help to reduce
the weight and size of generators and electric motors,
their application in offshore wind turbines [...] variables (see Evans, 2005,
among others). However, Beck & Wieland actually base
their assumption on a couple of studies supporting their
view of relatively long-lasting misperceptions (see, e.g.,
Orphanides, 2003; [...] to raise the question
on banks’ input factors and their respective actual
output. Usually, theory regards deposits as input factors
and credit as their output (see for recent examples Shin
& Shin, 2011;
s com-
pleted vocational training prior to their studies and
consider the proximity of the university to their hometown
to be an important factor in their decision to study. It also
became clear that [...]
page
76
that gathered their demographics, previous flood expe-
rience, and division of emergency relief funds between
the affected countries along with their reasoning for this
distribution [...] uneasiness
based on their recent behavior when bio-sensor research
equipment was introduced to a business school in Germany.
It was unclear if the students' general fear of technology or
their perceived un
students and graduates, who, during their stud-
ies build lasting and close relationships with potential
employers – be it in project work, internship semesters
or during their Bachelor's and Master's theses [...] so-called third-generation biofuels. This attention is
not primarily based on their ability to fix CO2 but rather
on their advantages over terrestrial plants—for example,
growth rate, lipid content, and [...]
144
Acknowledgement:
The authors thank Prof. Bischof and Prof. Kurzweil for their support and access to their laboratory infrastructure.
Funding agency:
Kontakt:
Sun-Hwa Jung, M�Sc�
research and transfer.
We would like to thank all researchers for their constant
commitment to generating new knowledge and their
willingness to make this available to all of us in the form
of this [...] will continuously deal with the topic and improve their
understanding of it when they first acquire it. Therefore,
students will be able to accomplish their own learning
rhythm. This process shall be supported [...] plants could make a great
contribution without extensive technical modifications,
especially because their gas storage enables an opera-
tion based on the demands in the power grid. In order
to estimate which
insurance differ
significantly in their structure and their yield
opportunities. Due to this in our research report we look
so closely at existing product concepts and their return
characteristics. For this [...]
institutions, monasteries and local education
institutions – partners who are distinguished by their
extraordinary learning environments, specifically
equipped laboratories, attractive facilities or [...] measure
and assess the benefit of sustainability management to
find possibilites for improvement for their engagement.
This paper shows the latest research results to develop
a maturity model for solving
is again an appropriate reference country as, during the
time when both Germany and France had their national
currencies, there were no major differences between the
two with regard to domestic banknote [...] participants of seminars at the Deutsche
Bundesbank and the Oesterreichische Nationalbank for their valuable comments. In particular, we would like to thank S Arz for his
contributions. The opinions [...] central banks in
the euro area are connected to TARGET2. There are no constraints on the size of their balances vis-à-vis the European Central Bank
that emerge from the cross-border flow of interbank
the moment.
Additionally several railway operators took up the topic
“reduction of emissions” in their strategic plans, e.g. the
German railways DB announced a further 15% reduction of
carbon dioxide [...] This estimate
assumes that diesel costs between 0,6 and 0,95 €/litre,
and that passengers value their time saved by higher ac-
celeration at 5 € per hour per passenger. As energy costs
rise, the benefits
hiness
is approximated by firm–specific factors, e.g. the firms’ assessment of
their current business situation and their business expectations. After
controlling for the banks’ refinancing costs, which [...] problem by looking at the characteristics of
firms that observed reductions in their bank credit volumes. However, since
their dependent variable was credit volume, the identification problem still re- [...] business (statebus) and
their business expectations for the next six months (comexp) as a proxy for the
quality of the borrower. The survey respondents can characterize their state
of the business
Evans, 2005, among others).
However, Beck & Wieland actually base their assumption on a couple of studies
supporting their view of relatively long-lasting misperceptions (see, e.g., Orphanides [...] highlight financial intermediaries' role in determining the price of risk. As these
expand their balance sheets, their risk-bearing capacity increases and risk premiums
fall. Thus, balance sheet quantities [...] various financial intermediaries and their respective balance sheet
quantities. First, the information provided by institutions that are marking-to-market
their balance sheet items is of superior
is especially high in countries that do not have significant proportions of their currency
stock circulating outside their borders. This suggests a persistent role for cash as a store of
wealth [...] of 2008
until the second quarter of 2009 to their baseline model. Second, they introduce confidence,
financial market and wealth variables to their model. They expect increases in the stock of
[...] small share –
approximately 30% – was used for transaction purposes and hoarding in Germany.1 In their
opinion, 20% is a realistic figure for banknotes hoarded in Germany. Consequently, only
around
Evans, 2005, among others).
However, Beck & Wieland actually base their assumption on a couple of studies
supporting their view of relatively long-lasting misperceptions (see, e.g., Orphanides [...] highlight financial intermediaries' role in determining the price of risk. As these
expand their balance sheets, their risk-bearing capacity increases and risk premiums
fall. Thus, balance sheet quantities [...] various financial intermediaries and their respective balance sheet
quantities. First, the information provided by institutions that are marking-to-market
their balance sheet items is of superior
ESG score as a control variable in their analysis of cumulative
stock returns. Their results for Europe are consistent with ours reported in table C5. Since their study has a
different focus, they do [...] the portfolio with the highest Sharpe ratio for their preferred ESG score. In contrast,
unaware investors do not incorporate ESG information into their decision-making.
2. Gillan, Koch, and Starks (2021) [...] March
20, 2020, which was triggered by the pandemic. Their findings are in line with those
of Demers et al. (2021), who document in their US sample that, after controlling for
industry affiliation