1. Cf. e.g Financial Times Deutschland: Bund schließt Maastricht-Verstoß nicht aus, 19 August 2002.
2. Proceedings of the Business and Economic Section;A. M. Okun,1962
3. See G. W. Evans, S. Honkapohja, P.M. Romer: Growth Cycles, In: American Economic Review, Vol. 88, No. 3, 1998, pp. 495–515.
4. See Deutsche Bundesbank: Das Eigenkapital der Kreditinstitute aus bankinterner und regulatorischer Sicht, in: Monthly Report, January 2002, pp. 41–59.
5. While German government bonds stayed at Aaa (see Moody’s Rating List of September 6, 2002) the ratings of Deutsche Telekom e.g. fell from Aa2 on September 22, 1997 to A3 on June 13, 2001 to Baa1 on March 28, 2002 for long-term debts. On November 18, 2002 Moody’s