... 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 WIELAND
MARCH 2003
ECB • 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...
... 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 Pape...
... 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 incur...
... 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 wisdom
to men void of understanding; capable of soothing the sorrows of the afflicted...
... 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 IC
50
values 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 bind...
... capable of interacting with the bound O
2
[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. A
reliable indicator of the dynamic stability of distal heme
pockets in globins is the rate of reo...
... 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 Poli...
... con-
tains the major part of the binding site for the cho-
linergic ligands. The two sites are nonequivalent, one
being formed at the interface between one a subunit
and the c ⁄ e subunits and the other ... between the second
a subunit and the d subunit [4]. The c ⁄ e and d subunits
play a major role in shaping the ligand-binding sites
and also in mai...
... number of directors was 13 per team, the distribution of these of cials
across 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 thus
provide data and other information about its regular seasons and postseasons,
and the p...
... 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-te...