Ralf Fendel WHU - Otto Beisheim School of Management   Burgplatz 2 Vallendar, Rhineland -Palatinate 56179 Germany   Ralf.Fendel@whu.edu             JEL Areas: E5 : Monetary Policy, Central Banking, and the Supply of Money and Credit: General G1 : General Financial Markets: General (includes Measurement and Data)