This research advances four theoretical approaches in an attempt to relate the banking activities to the real economic activities. It starts with the Schumpeter’s circular flow of creditary production that argues that the banks start the production cycle for offering the credits that enable...

The thesis analyzes monetary and labor policies under different market frictions. In the first part several versions of a microfounded dynamic general equilibrium model with monopolistic competitors in the product and/or labor market are derived and simulated. First of all, the monetary...

The academic literature has been reluctant to accept technical analysis as a rational strategy of traders in financial markets. In practice traders and analysts heavily use technical analysis to make investment decisions. To resolve this incongruence the aim of this study is to translate...

Since the publication of Keynes' “General Theory of Employment, Interest, and Money” in 1936 many new ideas and solution concepts for macroeconomic problems emerged, disappeared, and were combined in order to appropriately describe macroeconomic phenomena. Nowadays, New Keynesian frameworks...

Under the World Trade Organization's (WTO) current dispute settlement system (DSS) the utmost threat to a non-complying offender of a trade agreement is posed by the retaliation of the victorious complainant. Several scholars argue that the smaller and poorer a country is, the more difficult a...

Unternehmen sind laufend gefordert, ihre Wettbewerbsfähigkeit und Erfolgspotenziale durch verschiedene strategische Maßnahmen zu sichern bzw. zu verstärken. Diese Maßnahmen können einerseits auf die Kosten-, andererseits auf die Erlösseite ausgerichtet sein: 1. Insbesondere die...

Two of the most discussed issues triggered by the so called Feldstein-Horioka puzzle in international macroeconomics are: What does the saving-investment (SI) relation really measure and how should the SI relation be measured? The first contribution of this study is to develop a new variant of...

Trotz intensiver Auseinandersetzung der Adoptionsforschung mit dem Einfluss von interpersoneller Kommunikation auf die Adoption von Individuen sind nur schwache oder widersprüchliche empirische Belege in der Literatur zu finden. Am Beispiel eines innovativen Anästhesiegeräts untersucht Jan...

Bei zunehmender Internationalisierung ergeben sich für Unternehmen vermehrte Koordinationserfordernisse zwischen dem Stammhaus im Inland und den verschiedenen Auslandsgesellschaften. Die Auslandsentsendung von Führungskräften ist ein möglicher Weg, diesen Erfordernissen erfolgreich zu...

Ever since the beginning of the nineties, interconnection pricing emerged as a high priority regulatory policy question. As more and more state-owned monopolies were privatized, their essential facility (or simply their network) had to be opened to competition. The most viable practice was...