Banks’ regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks pot

... 2003 Savings Banks (low) Output Gap Cooperative Banks (low) Savings Banks (high) Cooperative Banks (high) Banks regulatory capital buffer and the business cycle: evidence for German savings and cooperative ... role in the behavior of banks capital buffers: if capital buffers were determined by loan demand only, the capital buffers of low-capitalized banks and the capital buffers of their well-capitalized ... System GMM Estimates for the Capital Buffer, Savings Banks and Cooperative Banks, 1995–2003 (1) (2) (3) (4) Savings Banks Cooperative Banks Savings Banks Cooperative Banks Dependent...

REAL WAGES AND THE BUSINESS CYCLE: ACCOUNTING FOR WORKER AND FIRM HETEROGENEITY potx

... on the one hand, and ﬁrm-speciﬁcwage arrangements, in the form of the wage cushion, on the other, are sensitive to the 18 business cycle. Cardoso and Portugal (2005) showed that in Portugal the ... stage, the regression model includes the year dummies and, in the second stage, the estimatedcoeﬃcients of the year dummies are regressed on the cycle variable.Table 3: Real Wage Sensitivity to the ... separations, the model also includes dummy variables for hirings and separations and an interaction termbetween those dummies and the cyclical indicator. The coeﬃcient of interest is ξ. If the cyclical...

Which interest rate scenario is the worst one for a bank? Evidence from a tracking bank approach for German savings and cooperative banks potx

... rate scenario is the worstone for a bank? Evidence from a tracking bank approach for German savings and cooperative banks Christoph MemmelDiscussion PaperSeries 2: Banking and Financial StudiesNo ... and Financial StudiesNo 07/2008Discussion Papers represent the authors’ personal opinions and do not necessarily reflect the views of the Deutsche Bundesbank or its staff.Rt,i= α + βˆRjt,i+ ... 69 9566-1 Telex within Germany 41227, telex from abroad 414431 Please address all orders in writing to: Deutsche Bundesbank, Press and Public Relations Division, at the above address or via...

Working Paper No. 446 The business cycle implications of banks’ maturity transformation potx

... output, and inﬂation. The reduction in inﬂationincreases the real value of banks nominal assets and banks are therefore better off on impact.However, the fall in the demand for capital and the ... of capital, and ﬁrms therefore increase their demand for credit. These combined effects generate an increase in banks net worth as shown in Figure 3.As banks ﬁnancial position is strengthened ... account for the fact that they might not adjust capital for potentially manyperiods. Note that capital depreciates while the ﬁrm does not adjust its capital level, and the amount of capital...

Tài liệu Báo cáo khoa học: Dimer asymmetry and the catalytic cycle of alkaline phosphatase from Escherichia coli doc

... loweraﬃnity for both the substrate and the product. In the courseof the catalytic cycle the conformation of the subunitsalternates between two states in order to enable substratebinding and product ... to the Ser102 conformation and the nature of the metal ion boundto the M3 site [10]. The APasePistructure displays anincreased mobility of the active site with pronouncedanisotropy for the ... determined that the afﬁnity of the subunits for the substrate and the product does not depend on the Mg2+concentration. Curves normalized to the same Vmshow the same deviations for all Mg2+concentrationsemployed...

Tài liệu Báo cáo Y học: Evolution of the enzymes of the citric acid cycle and the glyoxylate cycle of higher plants pdf

... branch in the t rees, and furthermore it will lead to the mutation of conserved motifsotherwise common to the sequence family to which the gene belonged at the time of endosymbiosis. The dissolutionof ... each other. Homologuesare found in eukaryotes, eubacteria and archaebacteria for both STKa (Fig. 2E) and for STKb (Fig. 2F). In the tree of the b subunits (Fig. 2F), a common ancestry for the ... (for example SDH incomplex II), hence inextricably linking the pathway to the organelle (for a more d etailed discussion, see [112]). For the enzymes common to the tricarboxylic acid cycle and...

Firm size and the business environment: Worldwide survey results pptx

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Beyond the Business Cycle: The Need for a Technology-Based Growth Strategy potx

... to plan for and thereby make the transition to the next major technology, the smart phone, where not just basic design and manufacturing are important. Operating and other software, for example, ... their views have been largely swamped by the dominant neoclassical and Keynesian economic philosophies (Atkinson and Audretsch, 2008, p. 2). Beyond the Business Cycle: The Need for ... planning and life-cycle management, including the timing and supply of the risk capital required to accelerate R&D and scale-up.52 Corporate CEOs understand the complexity of the rapidly...

The Snowball: Warren Buffett and the Business of Life docx

... itHerculean. The other guys were sandbagging for days, patrolling in the flood, with the snakes and rats. Iwas the only guy that didn’t get called out.” The newlyweds traveled all over the western and ... hisgrandfather in West Point, Warren could hear the background drone of the ravenous hoppers. At their worst,they consumed fence posts, the laundry on the clothesline, and finally one another, ... aname. He lined them up on the flat edge at the back of the tub. Then he clicked the stopwatch just as heswept the marbles into the water. They raced down the porcelain slope, clicking and rattling,...

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