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Am 2. Februar 2005 hat die Europäische Kommission den Neustart der Lissabon-Strategie für die Europäische Union (EU) verkündet. Diese Strategie soll die Grundlage bilden für die Bewältigung des dringenden Bedarfs der EU an mehr Wirtschaftswachstum, Arbeitsplätzen und Wettbewerbsfähigkeit...
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) security sector in Germany. It is one of a series of reports covering findings from surveys conducted for: Estonia, France … Germany, Ecorys has collaborated with the Brandenburg Institute for Society and Security (BIGS) who have conducted a similar … previous surveys of companiesactive in the (civil) security sector in Germany undertaken by BIGS. …
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The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a …
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apllied to German time-series and cross-section term structure data in order to identify both the risk-neutral and the … premia in bond prices. Moreover, the estimated premia vary over time in a quantitatively significant way, which implies that … the differences between the objective and the risk neutral distributions also vary over time. We conclude that one should …
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Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...
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Strukturen der allgemeinen und beruflichen Bildung und der Erwachsenenbildung in Europa Wer die allgemeine Organisation der Bildungssysteme in Europa kennen lernen möchte, findet die entsprechende Basisinformation in den ca. 40-Seiten umfassenden Länderberichten. Diese Monografien werden...
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This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...
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