instruments, do not have to care for their financial standing.
Therefore, they can undertake more risky investments and their customers, assured about insuring
their means, can be more passive. The [...] Compensation Directive 1997/9/EC – ICD.
This Directive obliges all member countries to establish on their territories at least one obligatory
system. Partial risk transfer means that the protection concerns [...] of the importance of the globalization process and consequently other
risks, should also model their investor protection systems.
2. Why should small investors be protected?
Keeping
beginning of their diffusion, which could be very disappointing for those who act as early
adopters. Back in 1995 Gartner Inc. first described this effect with it′s “Hype Cycle”. Ac-
tually in their Hype
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
of manufacturing companies increases
and the companies want to differentiate themselves with their service offerings
and exploit revenue opportunities. The implemention is often mediocre. This
Reference Code 10244484 SS EN EXT 1
Tasks
1. PATENTS
You will help the patent Engineers in their role of technical interface between the inventors and the Patent Attorney
-You will help the inventor
regressions. However, their descriptive subsample comparison of quintile hedge portfolio
returns shows declines for size, value and momentum. A switch to decile portfolios changes their size results to an [...] of many well-known anomalies. In this article,
we extend their study in two important ways. First, we analyse the robustness of their time-series
evidence for the US market by using a more advanced [...] provide additional
evidence for this argument for nine anomalies in the UK stock market.
In their conclusion, Chordia et al. (2014, p. 57) argue that “return predictability would diminish
to a
profit in the german meat
industry. The authors give a summary of the current situation by basing their article on concrete
examples from the international and worldwide crisis years from 2020 to 2022
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
different types of crises (technological crises, financial market
crises, natural disasters) and their effects on the demand for cash in an international context. It
becomes evident that over the past [...] of Cash" Conference Asia and the 10th Economics of Payments Conference of the Bank of Finland for their
valuable comments.
annotation mailto:gerhard.roesl@oth-regensburg.de mailto:gerhard.roesl [...] (geo-) political crisis
after 9/11 in 2001 or the Euro crisis in 2010/11 could also be analysed. In their nature, however, these crises
were effectively confidence crises and, hence, do not differ too much
beginning of their diffusion, which could be very disappointing for those who act as early
adopters. Back in 1995 Gartner Inc. first described this effect with it′s “Hype Cycle”. Ac-
tually in their Hype
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
and Spain) were
able to improve their relative price competitiveness and thus their bilateral current account
balance against Germany by a depreciation of their currencies against the D-Mark. A nominal [...] bear problems that were already
discussed. German households can expand their spending only marginally without raising their
indebtedness, because the tax burden in Germany is very high. A large [...] is not a zero sum
game. Increasing German exports contribute to growth in other economies due to their high
import content. It does not make sense to raise German imports artificially via “push button”
ts between the cyclical fluctuations of government expenditure and of real GDP
(deviations from their trends) since 1980 and for the sub-periods before 2000 and after 2000.
A positive correlation between [...] between 0.22 and – 0.221. When comparing the deviations of expenditure-GDP ratios and of
real GDP from their trends we find negative correlation coefficients for the whole period. By
contrast, when using real [...] global recession Table 4 shows the fluctuations of real public
expenditure and of real GDP around their trend before and after the global recession in 2009.
In 2009, government spending in Africa (and
employ classic t-tests casting some doubt on the statistical reliability of their results
because it is well-known that their use is critical in the presence of typical stock return characteristics (e. [...] has been directed to the scientific analysis of calendar
effects in stock market returns because their identification may allow the implementation of profitable in-
vestment strategies (see Lucey and Pardo [...] effect that attributes bad luck and thus low or negative returns to this specific calendar day. In their seminal
article, published in the prestigious Journal of Finance, Kolb and Rodriguez (1987) found
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
sectional innovation survey. Their results show that innovating firms (and innovative
sectors) have created more new jobs than non-innovating firms (less innovative sectors).
Their results suggest that [...] economic
measures is extensive. Researchers have been analyzing this task for a long time, and their
analyses differ mainly in the methodology and the data available. What we will concentrate
[...] between these two points in time. Brouwer et al.
(1993) are in this line of literature with their analysis of Netherlands data of 1984 and
1989. The authors show a negative effect of total R&D
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
networking in a variety of ways. The networked products force companies to rethink
their business models and industries - their strategy, relationships with customers and
suppliers, processes and structures [...] the digital solution space, and 4) developing the roadmap. The phases are explained
in terms of their objectives, activities and tools.
Keywords: Digital strategy, digitalization, innovation
Dunning, D., Johnson, K., Ehrlinger, J. & Kruger, J. (2003). Why People
Fail to Recognize Their Own Incompetence. Current Directions in
Psychological Science, 12(3), 83–87. https://doi.org/10 [...] Job Mismatching (GATE - Working Paper Nr. 1705).
Mahmood, K. (2016). Do People Overestimate Their Information Literacy
Skills? A Systematic Review of Empirical Evidence on the Dunning-
Kruger
the effect of the ECB’s unconventional monetary policy on the euro area economy
as a whole.6 Their findings suggest that the aggregate government budget balance
improves temporarily in response [...] country’s low corporate tax rates attracted co-
operation from some large multinationals to relocate their economic activity to the country. We
take account of the structural break in Irish GDP by smoothing [...] sovereign debt crisis: ”The ability to push government authorities to make decisions contrary
to their immediate desire gave the bank an unexpected political role” (pp. 125).
19While the ’two pack’
legal point of view. The system of financing the public debt of
most of European Member States by their home banking system could hurt the guarantee of
property and the principle of equal treatment if
and the United States, which
aim to reduce the problems of mismatches between the duration of their assets and liabilities.
It is generally perceived that these regulatory changes will favor the [...] policy, the business cycle and inflation expectations. Although the out-of-sample
performance of their model was good, they conclude that, "there are hints of some instabilities
in the last years" [...] Pradhan (2006) find that a conundrum no longer exists. They
state that "a drop of bond yields below their fair value such as the one seen last year did not
represent a break with past pattern and, as
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