Jahresbericht 2008 / Institute for Monetary and Financial Stability

Das Institute for Monetary and Financial Stability (IMFS) ist ein wissenschaftliches Zentrum der Johann Wolfgang Goethe-Universität Frankfurt am Main. Das IMFS dient der Umsetzung des Projekts Währungs- und Finanzstabilität (monetary and financial stability), das von der Stiftung Geld und Währung getragen wird. Aufgabe des Institute for Monetary and Financial Stability (IMFS) ist die wirtschafts- und rechtswissenschaftliche Forschung sowie die wirtschaftspolitische und rechtliche Beratung auf dem Gebiet des Geld-, Währungs- und Finanzwesens. Besonderes Anliegen ist die Förderung des wissenschaftlichen Meinungsaustauschs durch Veranstaltungen und Diskussionsforen mit nationaler und internationaler Beteiligung. Dabei soll insbesondere der Wissenstransfer in die Welt der Kreditinstitute und der Zentralbanken sowie der politischen Entscheidungsträger intensiviert werden. Damit einhergehend ist die akademische und praxisorientierte Nachwuchsförderung Ziel des IMFS. Im Bewusstsein der Öffentlichkeit soll das Wirken des IMFS die Bedeutung stabilen Geldes stärken und fördern

Grey matter in shadow banking: international organizations and expert strategies in global financial governance

Who controls global policy debates on shadow banking regulation? We show how experts secured control over how issues in shadow banking regulation are treated by examining the policy recommendations of the Bank of International Settlements, the International Monetary Fund and the Financial Stability Board. The evidence suggests that IO experts embedded a bland reformism opposed to both strong and ‘light touch’ regulation at the core of the emerging regulatory regime. Technocrats reinforced each other's expertise, excluded some potential competitors (legal scholars), co-opted others (select Fed and elite academic economists), and deployed measurement, mandate, and status strategies to assert issue control. In the field of shadow banking regulation, academic economists’ influence came from their credibility as arbitrageurs between several professional fields rather than their intellectual output. The findings have important implications for how we study the relationship between IO technocrats and experts from other professional field

Solitons in one-dimensional interacting Bose-Einstein system

A modified Gross-Pitaevskii approximation was introduced recently for bosons in dimension $d\le2$ by Kolomeisky {\it et al.} (Phys. Rev. Lett. {\bf 85} 1146 (2000)). We use the density functional approach with sixth-degree interaction energy term in the Bose field to reproduce the stationary-frame results of Kolomeisky {\it et al.} for a one-dimensional Bose-Einstein system with a repulsive interaction. We also find a soliton solution for an attractive interaction, which may be boosted to a finite velocity by a Galilean transformation. The stability of such a soliton is discussed analytically. We provide a general treatment of stationary solutions in one dimension which includes the above solutions as special cases. This treatment leads to a variety of stationary wave solutions for both attractive and repulsive interactions.Comment: Latex, 14 pages, No figur

Structural stability research council: proceedings 1976

One of the purposes of the Council is to maintain a forum where problems related to the design and behavior of columns and other compression elements in metal structures can be presented for evaluation and discussion. The Annual Technical Session provides an opportunity to carry out this function. The 1976 Annual Technical Session was held on March 2 and 3 at the SheratonBiltmore Hotel in Atlanta, Georgia. Fifty-five persons attended the session and nineteen papers were delivered. A panel discussion on New Ideas on Stability of Multistory Buildings was held in the evening of March 2, 1976. the panelists were D. Ruby, J. Springfield and W. J. LeMessurier. The moderator was J. S. B. Iffland. In conjunction with the Technical Session, an Annual Business Meeting was held for the purpose of electing new members, and to discuss financial and other business matters. Summaries of the technical papers, the panel discussion and minutes of the business meeting are recorded in the following pages. The attendance list is also included

Structural Stability Research Council: Proceedings 1982

One of the purposes of the the of Council is to maintain a forum where the the of Council is to maintain a forum where the structural stability aspects of metal andcomposite metal and concrete structures and and their components can be presented for evaluation, and pertinent structural research problems proposed for investigation. The Annual Technical Session provides an opportunity to carry out this function

Structural stability research council: proceedings 1979

One of the purposes of the Council is to maintain a forum where problems related to the design and behavior of columns and other compression elements in metal structures can be presented for evaluation and discussion. The Annual Technical Session provides an opportunity to carry out this function. The 1979 Annual Technical Session was held on April 24 and 25 at The William Penn Hotel in Pittsburgh, Pennsylvania. Eighty-five persons attended the Session and twenty-seven papers were delivered. A panel discussion on Stability of Space Frame Structures was held in the evening of April 24, 1979. The panelists were R. S. Loomis, D. T. Wright, and E. P. Becker. The moderator was J. L. Durkee. In conjunction with the Technical Session, an Annual Business Meeting was held for the purpose of electing new officers and members, and discuss financial and other business matters. Summaries of the technical papers, the panel discussion and minutes of the business meeting are recorded in the following pages. The attendance list is also included

Structural stability research council: proceedings 1980

One of the purposes of the Council is to maintain a forum where structural stability aspects of the behavior of frames, columns and other compression-type elements in metal and compression structures can be presented for evaluation and discussion. The Annual Technical Session provides an opportunity to carry out this function. Summaries of the technical papers, the panel discussion and minutes of the business meeting are recorded in the following pages. The attendance list is also included