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WORKING PAPER NO 218 THE ZERO-INTEREST-RATE BOUND AND THE ROLE OF THE EXCHANGE RATE FOR MONETARY POLICY IN JAPAN potx

WORKING PAPER NO. 218 THE ZERO-INTEREST-RATE BOUND AND THE ROLE OF THE EXCHANGE RATE FOR MONETARY POLICY IN JAPAN potx

WORKING PAPER NO. 218 THE ZERO-INTEREST-RATE BOUND AND THE ROLE OF THE EXCHANGE RATE FOR MONETARY POLICY IN JAPAN potx

... EKP WORKING PAPER NO. 218 THE ZERO-INTEREST -RATE BOUND AND THE ROLE OF THE EXCHANGE RATE FOR MONETARY POLICY IN JAPAN BY GÜNTER COENEN AND VOLKER WIELANDMARCH 2003ECB • Working Paper No 218 • March ... downward bias in the variability of the real rate depending on the level of the nominal equilibrium rate of interest. The downward bias in the variability of the real rate accounts for the reduced ... short-term nominal interest rate is well above zero, the central bank can ease monetary policy by expanding the supply of the monetary base and bringing down the short-term rate of interest. Since...
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WORKING PAPER NO 13 CREDIT RISK TRANSFER AND FINANCIAL SECTOR PERFORMANCE Wolf Wagner & Ian Marsh potx

WORKING PAPER NO 13 CREDIT RISK TRANSFER AND FINANCIAL SECTOR PERFORMANCE Wolf Wagner & Ian Marsh potx

... thoughts and findings may be communicated to interested readers for their comments. The paper should be considered preliminary in nature and may require substantial revision. Accordingly, a Working ... 34 WORKING PAPER NO 13 CREDIT RISK TRANSFER AND FINANCIAL SECTOR PERFORMANCE Wolf Wagner & Ian Marsh The Working Paper is intended as a means ... Working Paper should not be quoted nor the data referred to without the written consent of the author. All rights reserved. © 2004 Wolf Wagner & Ian Marsh Comments and suggestions...
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Working Paper No. 400 Liquidity-saving mechanisms and bank behaviour pot

Working Paper No. 400 Liquidity-saving mechanisms and bank behaviour pot

... given in the Appendix. In Section 4.2 we then identify and compare the corresponding equilibria. In most of what follows, we take the viewpoint of a single bank (‘I’), facing the rest of the ... Costs are defined as in Galbiati and Soramäki (2008). At the end of the day each bank pays a total cost, defined as the sum of (a) the liquidity costs incurred in acquiring the opening intraday ... marco.galbiati@bankofengland.co.uk(2) Helsinki University of Technology. Email: kimmo@soramaki.net The views expressed in this paper are those of the authors, and not necessarily those of the Bank of England....
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Tài liệu A Dissertation on the Medical Properties and Injurious Effects of the Habitual Use of Tobacco pptx

Tài liệu A Dissertation on the Medical Properties and Injurious Effects of the Habitual Use of Tobacco pptx

... before the indulgence of this foolish habit. To such an extent has it obtained, that we meet it in the kitchen, in the dining-room, and in the parlor; in every gathering of men of business; in ... capable of giving strength to the weary, vivacity to the stupid, and wisdomto men void of understanding; capable of soothing the sorrows of the afflicted, of healing the wounds of the spirit, and ... that fatal malady. In the town in which I thenresided, about forty adults died in the course of the winter and spring; and most of those were in the habit of A Dissertation on the Medical Properties...
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Báo cáo khoa học: Residues affecting the chloride regulation and substrate selectivity of the angiotensin-converting enzymes (ACE and ACE2) identified by site-directed mutagenesis pot

Báo cáo khoa học: Residues affecting the chloride regulation and substrate selectivity of the angiotensin-converting enzymes (ACE and ACE2) identified by site-directed mutagenesis pot

... obtained for the inhibition of the ACE2 variants by MLN-4760, and the inhibition of the tACE variants by captopril, in the absence and presence of NaCl (500 mm). The IC50values derived from these ... roles of the equivalent tACE and ACE2 residues have not been investigated previously. In this study, candidate residues potentially involved in chloride binding at the CL1 and CL2 sites of ACE and ... as Arg169, Trp477 and Lys481 in ACE2[22,24]. All of these residues can in uence chloridebinding and therefore the chloride sensitivity of enzyme activity. Trp271 of ACE2 and the equivalentTrp279...
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Báo cáo khoa học: H NMR study of the molecular structure and magnetic properties of the active site for the cyanomet complex of O2-avid hemoglobin from the trematode Paramphistomum epiclitum pdf

Báo cáo khoa học: H NMR study of the molecular structure and magnetic properties of the active site for the cyanomet complex of O2-avid hemoglobin from the trematode Paramphistomum epiclitum pdf

... capable of interacting with the bound O2[23].Moreover, NOESY cross peaks between the Tyr66(E7) ring and the terminus of Leu70(E11) indicated that the Tyr66(E7) ring is oriented into the heme ... stability of Pe Hb relative to other more autoxidizable globins. Areliable indicator of the dynamic stability of distal hemepockets in globins is the rate of reorientation of the aromaticrings in the ... the projection of the tilt of the z axis on the x¢,y¢ plane (defined direction of tilt of z and the x¢ axis), and j % a + c defines the location of the rhombic (x, y) axes. The orientation of the...
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Dual-track interest rates and the conduct of monetary policy in China potx

Dual-track interest rates and the conduct of monetary policy in China potx

... between the following four cases: the lending -rate floor is not binding, and there is no credit quota; the lending -rate floor is binding, and there is no credit quota; the lending -rate floor is not ... Bank of Finland, BOFIT Institute for Economies in Transition Dong He and Honglin Wang Dual-track Interest Rates and the Conduct of Monetary Policy in China 20 the banking sector, ... BOFIT- Institute for Economies in Transition Bank of Finland BOFIT Discussion Papers 21/ 2011 21 Case 2.3 The deposit -rate ceiling is binding, and the lending -rate floor is not binding...
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Báo cáo khoa học: Expression and characterization of soluble forms of the extracellular domains of the b, c and e subunits of the human muscle acetylcholine receptor pot

Báo cáo khoa học: Expression and characterization of soluble forms of the extracellular domains of the b, c and e subunits of the human muscle acetylcholine receptor pot

... con-tains the major part of the binding site for the cho-linergic ligands. The two sites are nonequivalent, onebeing formed at the interface between one a subunit and the c ⁄ e subunits and the other ... between the seconda subunit and the d subunit [4]. The c ⁄ e and d subunitsplay a major role in shaping the ligand-binding sites and also in maintaining cooperative interactionsbetween the a ... californica [3]. The acquisition of the crystallo-graphic structure of the mollusc acetylcholine-bindingprotein [11] has provided an insight into the ligand-binding domain of nicotinic receptors....
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Football Fortunes The Business, Organization, and Strateg y of the NFL pdf

Football Fortunes The Business, Organization, and Strateg y of the NFL pdf

... number of directors was 13 per team, the distribution of these of cialsacross teams varied between a high of 28 for the Bears and a low of two for the Rams. In being the most common of cials within ... (if interestingly) describe the history of the league and thusprovide data and other information about its regular seasons and postseasons, and the performances of teams, coaches and players. In ... executives and students studying sports administration and marketing, will find interesting6INTRODUCTIONbusiness, cultural and historical insights into the emergence, growth and last-ing success of the...
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WORKING PAPER NO. 40 FINANCIAL STRUCTURE AND THE INTEREST RATE CHANNEL OF ECB MONETARY POLICY pptx

WORKING PAPER NO. 40 FINANCIAL STRUCTURE AND THE INTEREST RATE CHANNEL OF ECB MONETARY POLICY pptx

... when the market rate declines and deposit rate increases when the market rate rises. Finally, the indicators of the rigidity of bank funding costs seem to matter only for the setting of credit rates, ... dividends. The discount rate used in the computation of the present value is, again, the long-term interest rate. The lower the level of long-term interest rates, the higher the impact of a change in the ... one-third of total private bonds in France. WORKING PAPER NO. 40FINANCIAL STRUCTURE AND THE INTEREST RATE CHANNEL OF ECB MONETARY POLICY BY BENOÎT MOJONNovember 2000EUROPEAN CENTRAL BANK WORKING PAPER...
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