empirical analysis the impact of hedge funds on german target firms

... triggered by the adoption of tight monetary policy in Germany to offset the aggregate demand effects of German Reunification The figure indicates that following the collapse of the “bubble economy” ... of monetary policy on the economy and on residential property prices (CGFS 2006) On the other hand, Tsatsaronis and Zhu (2004) conjecture that the prevalence of securitisation should reduce the ... also for these countries the existence of cointegration could not be rejected We therefore specify the VAR models in the level of the variables Nevertheless, we neither impose the number of cointegrating...

Ngày tải lên: 24/10/2012, 09:40

... the questionnaire The results of the questionnaire are presented in the following sections IV.5.1 Result of the first part of the questionnaire Table indicates the results of the first part of ... increase the validity of the later generalization of the result to the population Involving the generalization of the results, extraneous variables need controlling prior to the experimental like the ... section provides readers some discussion of the major implications The limitations of the study and some recommendations suggested for further research will be discussed in the second section The...

Ngày tải lên: 07/11/2012, 14:54

... Tbb the paths are not completely resolved and the contribution of the second term of (2.47) depends on relative difference in the multipath phases and the value of the autocorrelation function ... demodulate the strongest multipath components In general, the first correlator is synchronized to the strongest multipath component, followed by the second strongest component synchronized to the second ... in Section 2.2.2.3 2.2.2.2 Refraction Refraction is defined as the bending of the normal to the wavefront of a propagating wave upon passing from one medium to another where the propagation velocity...

Ngày tải lên: 20/11/2012, 11:36

... stages of change is critical A final implication for HR is the need to recognize the communication culture of the organization If the organization is one that relies on face-to-face and one -on- one ... Effective Communication Health professionals expressed concern about the effects of new technology on communication For example, an allied health professional was of the opinion that the new PACS technology ... communication, HR practitioners must not only address the impact of the new technology, but must monitor how employees manage the change in their traditional channels of communication Not to recognize the...

Ngày tải lên: 24/10/2013, 08:20

... the sum of all students in the class This then raises the question of the validity and authority of knowledge gained over the Internet How can the learner be sure of the sources of information? ... interaction The first is the interaction of the learner with the machine As the sophistication of multimedia design has increased, so have the types and forms of interaction, although they have ... explanations or answers not previously considered by the designer of the multiple choice questions Consequently, a more common form of response is the use of words or phrases, usually typed into the...

Ngày tải lên: 04/11/2013, 20:15

... HIV/ AIDS on professional health Health professionals, i.e., doctors, nurses, workers in the health sector other professionals 3.2 Impact of HIV/ AIDS on non-professional health workers in the health ... practitioners; • 33 other health professionals eg social workers, psychologists; and • 167 non-professionals eg cleaners ©DoH 2003 The Impact of HIV/AIDS on the Health Sector Information on the number ... correction of given sa mple sizes for public hospita ls in the Ea stern Ca pe HOSPITAL HOSPITAL MOS NUMBER of nurses NO OF of medical of other of non- practitioners professionals PATIENTS professionals...

Ngày tải lên: 15/02/2014, 10:20

... administration and its impact on the tenure security of the vulnerable Forecasting the impact of HIV/AIDS on land rights into the future Why the discrepancy between these findings and the perception at ... as their inclusion would have vastly expanded the ambit of the study The fieldwork was conducted in September and October 2002 The over-arching finding of this study confirms the conclusions ... stem the AIDS epidemic The situation in the land sector is also dynamic as government considers the recommendations of the Commission of Inquiry into the Land Law System in Kenya (the Njonjo...

Ngày tải lên: 19/02/2014, 04:20

... necessary condition for the possibility of aesthetic nature, which is itself vital for a 'rich' life The junction of the ethical and the aesthetic leads Seel to the moral proposition that the conservation ... depend on the degree of freedom but on our ability to acknowledge its freedom Therefore the potential freedom of existing nature is a condition for the imaginative construction of aesthetic nature ... introduction on the subject His description of fantasy brings us closer to understanding the meaning of the term of imagination According to him, the concept of fantasy is nowadays often related...

Ngày tải lên: 19/02/2014, 17:20

... and asset portfolio rather than solely the poultry income, thereby providing a more accurate measure of the impact of the disease If one looked only at the impact of HPAI on the income from poultry ... bird raised The Poisson regression model is the development of the Poisson distribution presented in Equation to a nonlinear regression model of the effect of independent variables x i on a scalar ... scales The duration of the livelihoods impacts of these shocks are assumed to be one year This is because the variables used to derive the impacts of these shocks (which include whether or not the...

Ngày tải lên: 21/02/2014, 01:20

Ngày tải lên: 21/02/2014, 16:20

... collaboration with DG Education and Culture, Directorate A, Unit A1 (Lifelong Learning: contribution to the Lisbon process) The IPTS contribution to the strategic policy work of DG EAC consists of techno-economic ... BRIEF The Use of the Internet for Information and Learning Purposes Over the last few years, the Internet has had a profound effect on the private and professional lives of European citizens, offering ... for the conception, development, implementation and monitoring of EU policies As a service of the European Commission, the JRC functions as a reference centre of science and technology for the...

Ngày tải lên: 21/02/2014, 21:20

... org/education/apeid/news/news-details/article/consultation-meeting -on -the- impact- of- theeconomic-crisis -on- higher-education-in-asia-and -the- pacific UNESCO Bangkok 2010 Information Note Regional Seminar on the Impact of the Economic Crisis on Higher Education ... overview of the results of the country studies Each chapter begins with a general analysis of the impact of the GFC on the economy and society, followed by a more specific exploration of the consequences ... framework containing three basic research questions: ‡ what is the impact of the economic crisis on higher education budgets and government responses to cushion the impact; ‡ what is the impact of the...

Ngày tải lên: 08/03/2014, 06:20

Ngày tải lên: 09/03/2014, 09:20

... organization are need to make decisions, also to implement the right ones A decision is concerned with the selection of an action often out of a number of alternatives To make the right decision, manager ... systems, the decision will not made alone on the main of this assessment between alternative Other factors (Crothers, D (2004)) that need to considered , this is the aims of the business, the on hand ... comparisons in order to consider and evaluate the results of business operation in relation to the overall economy, the key competitors in the domain of industry, and the previous performance of the...

Ngày tải lên: 13/03/2014, 14:20

... to milk, common policies, information on the price of milk on the market and the price adjustment Increasing the cost of production is one of the main reasons for increase price of products Apparently, ... Vinamilk As the mentiond on the theory, action of the management accounting is in order to achieve the company’s strategic objective Officially, the main intention of Vinamilk stated on the homepage ... Competition is the gain of market share The nature of competition is the search for profit which is higher than average profits of enterprises The outcome of the competitive process is the average profitability...

Ngày tải lên: 13/03/2014, 14:20

... Regulation, the CEPR conference on Bank Crisis Prevention and Resolution, the European Finance Association Conference, the Reserve Bank of Chicago Conference on Bank Structure and Competition, the German ... spreads of savings banks’ bonds increased upon the announcement of the decision to remove the guarantee, while the yield spread of bonds issued by the control group remained unchanged In light of the ... information on the individual customer, we only know that the customer banked with any one of the group We thus link the customer characteristics to the average of the group of savings banks, rather...

Ngày tải lên: 15/03/2014, 10:20

... and the nature of the process or other conditions of receipt The intention to sell or use the allowances links into the questions regarding provisions and assets in the books of emitters or traders ... later than the beginning of the compliance year, but may be earlier • On another date? If advised of the full five year allocation, full recognition may be possible depending on the reasonable assurance ... for the company’s own use or for profit Some also act as creators of emission reductions and/or consultants There are also examples of companies running their own exchanges We consider some of the...

Ngày tải lên: 15/03/2014, 16:20

... of the situation The theoretical issue is often not one of economic and sociological arguments conflicting, but rather of the weakness of both in understanding how actors with simultaneous economic ... “structural holes” in the network 4) The Interpenetration of Economic and Non-Economic Action Much social life revolves around a non-economic focus Therefore, when economic and noneconomic activity ... economic and noneconomic costs of severing a long-time tie and the available social alternatives Thus, the “economic flexibility of the system depends on the social structure of the trade relation” (p...

Ngày tải lên: 17/03/2014, 07:20

... examination of the human capital foundations of arguments about the contributions of higher education to economic growth, Ashworth (1998) chose an empirical route He tests the presumption of economic ... address the economic returns of education Our first discussion concerns private returns on education: the economic benefits to the individual We then take a close look at the economic benefits to the ... introduction of the student to the life of America and of the modern world, the completion of the task undertaken by the grammar and high schools of equipping [that student] for the full duties of citizenship...

Ngày tải lên: 17/03/2014, 08:20

... regions, particularly related variety Section contains the empirical framework that describes the evolution of the Finnish economy from 1993 onwards in greater detail, and then elaborates on the ... recently, the key question was whether regions should be mainly specialized, or whether the economic composition of regions should be mainly diversified Especially, the importance of regional diversity ... that the effect of related variety on regional employment growth is conditioned by the technological intensity of the local sectors involved JEL Codes: D62, O18, R11 Introduction In the context of...

Ngày tải lên: 17/03/2014, 10:20