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The consumer durable market is experiencing a huge change over time which is why the Indian Brand Equity Foundation Report (2015), forecasts the Indian consumer durable market to reach the fifth position in the world by 2025. In the consumer durable market, consumer’s behaviour for adoption of...
Persistent link: https://www.econbiz.de/10013239217
The aim of the paper is the analysis of the household use of durables in Poland and other European countries …. Relatively, the highest amount of money for household furnishing with durables was spent by the Bulgarians and the Italians (more … than 7% of the total household expenses). In Poland, the highest expenditure occurred for the wealthiest households and …
Persistent link: https://www.econbiz.de/10011855229
Persistent link: https://www.econbiz.de/10012153139
When the zero lower bound on nominal interest rate binds, monetary policy makers may lack traditional tools to stimulate aggregate demand. We investigate whether "unconventional" fiscal policy, in the form of pre-announced consumption tax changes, has the potential to meaningfully shift durables...
Persistent link: https://www.econbiz.de/10012219281
Monitoring of poverty indexes and structure of household expenditures is one of diagnostic and warning tool for social …
Persistent link: https://www.econbiz.de/10014145291
analyses that have been performed to date for the USA and France. These analyses have verified the Mankiw's puzzle theory about … to stagnate. We disproved Mankiw's puzzle theory using a data sample from the Czech Republic and Germany. This conclusion …
Persistent link: https://www.econbiz.de/10012840522
Persistent link: https://www.econbiz.de/10012022050
Exchange rate-based stabilizations in chronic-inflation countries have often been characterized by an initial consumption boom (which is most evident in the behavior of durable goods) followed by a later contraction. This paper provides an explanation for such a boom-recession cycle based on the...
Persistent link: https://www.econbiz.de/10014225182
Persistent link: https://www.econbiz.de/10013325469
analyses that have been performed to date for the USA and France. These analyses have verified the Mankiw’s puzzle theory about … to stagnate. We disproved Mankiw’s puzzle theory using a data sample from the Czech Republic and Germany. This conclusion …
Persistent link: https://www.econbiz.de/10012177020