Assessing instantaneous and persistent relations between and within time series Dissertation zur Erlangung des Doktorgrades der Wirtschaftswissenschaftlichen Fakultät der Georg-August-Universität Göttingen vorgelegt von Simone Maxand geboren in Bad Honnef Göttingen, 2017 I thank Thomas Kneib for taking the role as second reviewer and mentoring me throughout the past years. Hopefully, he will at least partly admit some usefulness to time series analysis after reading my thesis. I want to thank

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... m and all the other 'early' birds for the regular coffee break shortening the long way to work. Along these lines, I thank the whole (perhaps) world-best working group allowing me to spend now almost four years in a very productive and beautiful surrounding. I thank them for their sense of humor, pleasant moments between and after work and enabling such a nice time in the beautiful statoek-villa. I am very grateful to my colleagues and the alumni for being inspiring and supportive throughout. Especially, I thank my double office colleagues for the caring working atmosphere and for sharing all desirable office facilities. Furthermore, I thank