for the euro area and an increase in the growth rate by 18
percent in the second quarter of 2020 and a decline by 11 percent in the second quarter of 2021
(see figure 8 in Appendix E).
19
page [...] a stronger increase in banks’ and
entrepreneurs’ equity as a consequence of a higher price of capital, resulting in a larger
increase in the capital stock. The lower volatility in direct funding results [...] to changes in investment, causing
a stronger decline in BL. This decline in BL is amplified by the response of the
regulatory authority, which reduces the maximum leverage (not shown) more in a
low-moral
knowledge imparted in the winter semester lectures both in practical exercises (especially practice in the summer
semester) and potentially in the practical semester, in a bachelor thesis and in professional [...] knowledge imparted in the winter semester lectures both in practical exercises (especially practice in the summer
semester) and potentially in the practical semester, in a bachelor thesis and in professional [...] OTH Amberg Weiden
*2) Bitte zusätzlich zur Gewichtung (in % Anteil) und ggf. auch einen Hinweis auf ein Bonussystem führen.
page
24
Labor Law
Labor Law
Zuordnung
Judgemental Approach
In order to increase the intuition in specifying the uncertainty in the expected equilibrium
returns, we follow and generalise the Judgemental Approach proposed in Rachev et al. (2008) [...] be implemented in both the classical Black-Litterman model
as well as in the more flexible model. To allow a comparison, the setup in both models is kept
equivalent to the analysis in Section 5.2, [...] and Litterman (1991, 1992)), ein aus den wissenschaftlichen
Methoden der bayesianischen Statistik hergeleiteter Ansatz, ist bei institutionellen Investoren
in der praktischen Vermögensallokation
fairly standard one in which the central bank is assumed to minimize the variation
in inflation around its target (which is normalized to zero), in the output gap, and in the
change in the interest rate:16 [...] eine sehr geringe Persistenz von Zinsänderungen auf, während die optimale SPL äußerst
persistent ist. Bei beiden Regeln ist die zinspolitische Reaktion auf das Niveau bzw. die
Veränderung der Outputlücke [...] change in the output gap should be less severe than the errors in the
level of the gap.4 As shown in the first graph of Figure 3, this is indeed the case. When
splitting up the change in the output
experience a rise in their productivity in the short run and potentially even an
increase in their life expectancy in the long run. Therefore, an improvement in
health of the individual, in theory, should [...] analysiert Querschnittsdaten aus einer in Mexiko
durchgeführten Studie mit über 16.500 Beobachtungen. In dieser Studie wurden
Cluster in Gebieten ausgewählt, in denen Compartamos Banco, eine
Mikr [...] study carried out in Mexico including over 16,500 observations. In the study, clusters
were selected in areas Compartamos Banco, a Microfinance institution (MFI), has not
lent in before. The clusters
Impressum (in Publikationen) imprint, publisher information
Impuls incentive, impetus, stimulus, impulse
in Abhängigkeit von as a function of
in alphabetischer Reihenfolge in alphabetical order
in Betracht [...] Betracht ziehen consider, take into account
in Gang bringen start, initiate, trigger
in situ in situ
in Vertretung (i.V.) per procurationem, per pro
in Vollmacht per procurationem, per pro
indische Kunstgeschichte [...] Teile ist urheberrechtlich geschützt.
Jede Verwertung, insbesondere Vervielfältigungen, Übersetzungen,
Mikroverfilmungen und die Einspeicherung und Verarbeitung in elektronischen
Systemen ist ohne die
given
in Table 1.
If the above growth rates in the number of coins in circulation also hold in the
future, the share of German coins in Germany would only fall to * 53.3%DDn = in the
long [...] abfließen und welche Zusammensetzung der Bestände auf längere Sicht zu
erwarten ist. Dies hängt von der Intensität des grenzüberschreitenden Reiseverkehrs ab
und hat Auswirkungen auf den Münzgewinn [...] einen Rückgang des Anteils deutscher
Münzen in Deutschland an den von Deutschland emittierten Münzen auf nur 22%.
Empirisch war in den Jahren seit der Euro–Einführung allerdings ein Wachstum der
Technikzentrale in E3
Bauabschnitt 2
• Errichtung Erweiterungsbau ZOP in E 2
• Errichtung Anschluss an Bestand in E 2 (Bereich OP 8)
• Neubau Technikzentrale in E3
Bauabschnitt 3
• Umbau ZOP in E2 (inkl [...] Technikzentrale in E3
Bauabschnitt 2
• Errichtung Erweiterungsbau ZOP in E 2
• Errichtung Anschluss an Bestand in E 2 (Bereich OP 8)
• Neubau Technikzentrale in E3
Bauabschnitt 3
• Umbau ZOP in E2 (inkl [...] Technikzentrale in E3
Bauabschnitt 2
• Errichtung Erweiterungsbau ZOP in E 2
• Errichtung Anschluss an Bestand in E 2 (Bereich OP 8)
• Neubau Technikzentrale in E3
Bauabschnitt 3
• Umbau ZOP in E2 (inkl
will benefit society. Fourthly, we will compare the results elaborated in this study
with results researched in other countries, mainly in Europe (e.g. Germany, Czech Republic
and Poland).
[...]
and nature. The principles observed in building a harmonious socialist society are as the
following: people oriented; development in a scientific way; in-depth reform and opening up;
democracy [...] perceive and recognize
harmonious culture in spare time more easily than in work time. Maybe this is the reason
that enriching employees’ leisure activities in spare time was ranked above other paths
will benefit society. Fourthly, we will compare the results elaborated in this study
with results researched in other countries, mainly in Europe (e.g. Germany, Czech Republic
and Poland).
[...]
and nature. The principles observed in building a harmonious socialist society are as the
following: people oriented; development in a scientific way; in-depth reform and opening up;
democracy [...] perceive and recognize
harmonious culture in spare time more easily than in work time. Maybe this is the reason
that enriching employees’ leisure activities in spare time was ranked above other paths
shocks, in
spite of the fall in borrowing cost. However, the reaction of government expenditures
might disguise a discretionary rise in government consumption due to a cyclical fall
in unemplo [...] page
page
Die Weidener Diskussionspapiere erscheinen in unregelmäßigen
Abständen und sollen Erkenntnisse aus Forschung und Wissenschaft
an der Hochschule in Weiden insbesondere zu volks- und [...] 24, 2021
Abstract
In this study, we explore how fiscal policy in euro area periphery countries
responds to monetary policy surprises that lower sovereign bond yields. In
particular, we assess whether
Rottmann (FH Amberg-Weiden)
Prof. Dr. Franz Seitz (FH Amberg-Weiden)
Fachhochschule Amberg-Weiden, University of Applied Sciences, Abt. Weiden,
Hetzenrichter Weg 15, D-92637 Weiden
Telefon: [...] de
annotation mailto:f.seitz@fh-amberg-weiden.de mailto:f.seitz@fh-amberg-weiden.de
page
Deutscher Abstract:
In dem vorliegenden Papier untersuchen wir, ob und in welchem Ausmaß fundamentale [...] interest rates in Europe and in the US fell to all-time lows in the last few years.
And despite a rebound, they still have been traded at historically low levels in 2006,
especially in the US. This
Rottmann (FH Amberg-Weiden)
Prof. Dr. Franz Seitz (FH Amberg-Weiden)
Fachhochschule Amberg-Weiden, University of Applied Sciences, Abt. Weiden,
Hetzenrichter Weg 15, D-92637 Weiden
Telefon: [...] de
annotation mailto:f.seitz@fh-amberg-weiden.de mailto:f.seitz@fh-amberg-weiden.de
page
Deutscher Abstract:
In dem vorliegenden Papier untersuchen wir, ob und in welchem Ausmaß fundamentale [...] interest rates in Europe and in the US fell to all-time lows in the last few years.
And despite a rebound, they still have been traded at historically low levels in 2006,
especially in the US. This
that combine Z-stacks in the X/Y-
plane and even stitching in Z-direction could be considered.
Dot-like structures in channel 1 / 2 (displayed in blue / red in
fig. 4) could in a large part be auto [...] difference in the spectra between the
types of cuvettes. In contrast, the pellets showed a much more
pronounced band in the low energy range. Furthermore, it is
clear that the increase in F(R) in the high [...] graphs. The first peak in the diagram, in particular,
is a lot more pronounced in the 5 K/min graph than in the
40 K/min graph. The next step was to check if these
differences in the diagrams correlate
carried out using
cash in 2022, slightly below 98% in 2019 (ECB, 2022, 57).20 The range in 2022 varies between
around 80% in Latvia and 98% in Greece. A similar picture emerges in surveys from Canada [...] 2024). Even in Japan, where
65% of all payments at the POS are still made in cash, the share of cashless payments increased
from 13% in 2010 to 35% in 2022.5
Figure 4: Change in use of digital [...] Norway reveal a fall from 11% in 2017 to 3% in 2023.6 Also Denmark saw a declining trend in
cash usage bottoming out in the last years. The volume (value) share of cash in store-based
trade decreased
carried out using
cash in 2022, slightly below 98% in 2019 (ECB, 2022, 57).20 The range in 2022 varies between
around 80% in Latvia and 98% in Greece. A similar picture emerges in surveys from Canada [...] 2024). Even in Japan, where
65% of all payments at the POS are still made in cash, the share of cashless payments increased
from 13% in 2010 to 35% in 2022.5
Figure 4: Change in use of digital [...] Norway reveal a fall from 11% in 2017 to 3% in 2023.6 Also Denmark saw a declining trend in
cash usage bottoming out in the last years. The volume (value) share of cash in store-based
trade decreased
carried out using
cash in 2022, slightly below 98% in 2019 (ECB, 2022, 57).20 The range in 2022 varies between
around 80% in Latvia and 98% in Greece. A similar picture emerges in surveys from Canada [...] 2024). Even in Japan, where
65% of all payments at the POS are still made in cash, the share of cashless payments increased
from 13% in 2010 to 35% in 2022.5
Figure 4: Change in use of digital [...] Norway reveal a fall from 11% in 2017 to 3% in 2023.6 Also Denmark saw a declining trend in
cash usage bottoming out in the last years. The volume (value) share of cash in store-based
trade decreased
summarized in Tables B1 and B2 in Appendix B. In addition to those
filters, firms have to be covered by Refinitiv’s ESG rating. The country composition
of the sample is presented in Figure A1 in Appendix [...] defined and described in detail in table A2 in Appendix A. The used Datastream
items are presented in table A3.
8
page
T
a
b
le
2
.
C
o
r
r
e
la
ti
o
n
m
a
tr
ix
in
%
.
T
h
is
ta [...] negative effects in the [-10,-4] and the
[-3,3] event windows as of models 2 and 3 in both tables and models 6 and 7 in table
C5. However, in the downstream event window [4,10] (model 4 in both tables
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 [...] as defined in Table B1 in Appendix B, which
requires the ISIN of a company to be the primary listing. The country composition
of the EMU+ dataset is shown in Figure A1 in Appendix A. In addition to [...]
standards in Europe following the banking crisis in 2008 might have led to a reduction
28
page
in operations in investment banking, weakening this transition channel.
In addition to
Hochschule Amberg-Weiden
University of Applied Sciences, Abt. Weiden
Hetzenrichter Weg 15, D-92637 Weiden
Telefon: +49 961 382-0
Telefax: +49 961 382-2991
e-mail: Weiden@oth-aw.de
Internet: [...] Dialog: Weidener Diskussionspapiere" erscheinen in
unregelmäßigen Abständen.
Bestellungen schriftlich erbeten an:
Ostbayerische Technische Hochschule Amberg-Weiden
Abt. Weiden, Bibliothek [...] also
result in an inaccuracy frequently perpetrated in empirical applications: Therein,
researchers usually employ a narrow money concept, commonly M1, in analysing
money’s role in economic de
Hochschule Amberg-Weiden
University of Applied Sciences, Abt. Weiden
Hetzenrichter Weg 15, D-92637 Weiden
Telefon: +49 961 382-0
Telefax: +49 961 382-2991
e-mail: Weiden@oth-aw.de
Internet: [...] Dialog: Weidener Diskussionspapiere" erscheinen in
unregelmäßigen Abständen.
Bestellungen schriftlich erbeten an:
Ostbayerische Technische Hochschule Amberg-Weiden
Abt. Weiden, Bibliothek [...] also
result in an inaccuracy frequently perpetrated in empirical applications: Therein,
researchers usually employ a narrow money concept, commonly M1, in analysing
money’s role in economic de
Hochschule Amberg-Weiden
University of Applied Sciences, Abt. Weiden
Hetzenrichter Weg 15, D-92637 Weiden
Telefon: +49 961 382-0
Telefax: +49 961 382-2991
e-mail: Weiden@oth-aw.de
Internet: [...] Dialog: Weidener Diskussionspapiere" erscheinen in
unregelmäßigen Abständen.
Bestellungen schriftlich erbeten an:
Ostbayerische Technische Hochschule Amberg-Weiden
Abt. Weiden, Bibliothek [...] also
result in an inaccuracy frequently perpetrated in empirical applications: Therein,
researchers usually employ a narrow money concept, commonly M1, in analysing
money’s role in economic de
Hochschule Amberg-Weiden
University of Applied Sciences, Abt. Weiden
Hetzenrichter Weg 15, D-92637 Weiden
Telefon: +49 961 382-0
Telefax: +49 961 382-2991
e-mail: Weiden@oth-aw.de
Internet: [...] Dialog: Weidener Diskussionspapiere" erscheinen in
unregelmäßigen Abständen.
Bestellungen schriftlich erbeten an:
Ostbayerische Technische Hochschule Amberg-Weiden
Abt. Weiden, Bibliothek [...] also
result in an inaccuracy frequently perpetrated in empirical applications: Therein,
researchers usually employ a narrow money concept, commonly M1, in analysing
money’s role in economic de
Hochschule Amberg-Weiden
University of Applied Sciences, Abt. Weiden
Hetzenrichter Weg 15, D-92637 Weiden
Telefon: +49 961 382-0
Telefax: +49 961 382-2991
e-mail: Weiden@oth-aw.de
Internet: [...] Dialog: Weidener Diskussionspapiere" erscheinen in
unregelmäßigen Abständen.
Bestellungen schriftlich erbeten an:
Ostbayerische Technische Hochschule Amberg-Weiden
Abt. Weiden, Bibliothek [...] also
result in an inaccuracy frequently perpetrated in empirical applications: Therein,
researchers usually employ a narrow money concept, commonly M1, in analysing
money’s role in economic de
page
6
in 1975 to 2 % in 1985 did in fact lead to a decrease in the trend rate of inflation, the
Bundesbank did not take this into account when deriving its money growth targets but [...] include a dummy variable in
the estimations which is one in the first quarter of 1981 and zero otherwise. The dummy captures
the jump in money market rates which occurred in February 1981 when the Bundesbank [...] extreme outliers in the residuals, it proved necessary to include a dummy variable in
the estimations which is one in the first quarter of 1981 and zero otherwise. The dummy captures
the jump in money market