Titlebook: A Flow-of-Funds Perspective on the Financial Crisis Volume I; Money, Credit and Se Bernhard Winkler (Senior Advisor),Ad van Riet (Sen Book

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Aktive elektronische Bauelementenal portfolio allocation. We first observe that, in this first decade of the new millennium, the breakdown of standard money demand specifications for the euro area and the strong developments in annual M3 growth coincide with large net flows in portfolio invest- ment in the euro area. We then estim

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Grundlagen der elektronischen Patientenakte, captured by the monetary and balance-of-payments statistics typically used to proxy liquidity. We define the international dimension of credit to comprise two different but related components: foreign currency credit to residents, regardless of the lender’s loca- tion; and cross-border (external) c

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Grundlagen der elektronischen Patientenakte,ic sector of a country. Some observers explain the ‘euro crisis-’ by stressing similarities between the exchange rate regime ‘currency union’’ and the exchange rate regime ‘gold standard’’.. . particular they point out that, for each of its Member States’ government and banking sectors, the euro con

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https://doi.org/10.1007/978-3-8349-9639-8onomy to adjust (see European Commission, 2010a and 2010b for non-technical discussions). In this context, several issues have been raised. One issue relates to the presence of bottlenecks in the distribu- tion of credit by monetary financial institutions (MFls), resulting from the deleveraging forc