The Single Euro Payments Area (SEPA) initiative aims to establish a single market for retail payments in euro, for which major progress has been made. Understanding the effects of financial innovation and new payment media on the demand for money is very important in this context. The aim of...

The paper presents a theory of the demand for money that combines a special case of the shopping time exchange economy with the cash-in-advance framework. The model predicts that both higher inflation and financial innovation - that reduces the cost of credit - induce agents to substitute away...

A layered financial structure is the key institutional feature of the financial subsystem of a knowledge economy. The concept was introduced by Irving Minsky and has been proven the empirical key in understanding bank panics, such as the global financial crisis of 2007–2008. However, even...

The paper presents a theory of the demand for money that combines a special case of the shopping time exchange economy with the cash-in-advance framework. The model predicts that both higher inflation and financial innovation - that reduces the cost of credit - induce agents to substitute away...

"The Research Data Center (FDZ) of the Federal Employment Agency (BA) at the Institute for Labour Market and Employment Research (IAB) in Nuremberg for the first time provides a remote access to confidential microdata. Data users can access data of the FDZ from the research data center of the...

"The Research Data Centre (FDZ) of the Federal Employment Agency (BA) at the Institute for Employment Research (IAB) in Nuremberg provides remote access to confidential micro data for the first time. Data users can access FDZ data from the research data centres of the statistical offices of the...

Bei dem Datensatz handelt es sich um eine Zufallsstichprobe aus den Integrierten Erwerbsbiografien (IEB) des IAB, der für die Fachöffentlichkeit zugänglich ist. Er enthält Angaben zu folgenden Merkmalsgruppen: soziodemografische Merkmale, Beschäftigung, Leistungsbezug, Maßnahmen der...

"For micro-datasets considered for release as scientific or public use files, statistical agencies have to face the dilemma of guaranteeing the confidentiality of survey respondents on the one hand and offering sufficiently detailed data on the other hand. For that reason a variety of methods to...

"For micro-datasets considered for release as scientific or public use files, statistical agencies have to face the dilemma of guaranteeing the confidentiality of survey respondents on the one hand and offering sufficiently detailed data on the other hand. For that reason a variety of methods to...

As not only the amount of data stored digitally in computers but our dependency of these data, too, increases day by day it is of critical importance to prevent unathorized data accesses. To gain access to other parties' data and, on the other hand, make it as hard as possible is (and has always...