We analyse the effects of monetary policy on mergers and acquisitions (M&A) activity in the United States, both on the aggregate and the firm level. We find that aggregate M&A activity decreases significantly following a monetary policy shock. The aggregate results are confirmed by an analysis...

We analyse the effect of monetary policy on mergers and acquisitions (M&A) activity using transaction and balance sheet data of publicly listed U.S. companies. We find that an unexpected increase in interest rates significantly reduces M&A activity in the aggregate as well as on the firm level,...

Introducing the fundamentals of digital communication with a robust bottom-up approach, this textbook is designed to equip senior undergraduate and graduate students in communications engineering with the core skills they need to assess, compare, and design state-of-the-art digital communication...

We analyse the effects of monetary policy on mergers and acquisitions (M&A) activity in the United States, both on the aggregate and the firm level. We find that aggregate M&A activity decreases significantly following a monetary policy shock. The aggregate results are confirmed by an analysis...

Im Bericht werden die Auswirkungen eines zukünftig sinkenden Rentenniveaus auf das Ausmaß der Altersarmut in verschiedenen Szenarien untersucht. Das verfügbare Haushaltseinkommen wird anhand eines Querschnittes von Daten aus dem Jahr 2015 simuliert. Von sonstigen Verhaltensänderungen wird...