Showing 1 - 10 of 51
-periphery" structure, usually applied to banking network, is still valid with insurance companies. However this structure is no longer … light on the pivotal role of financial conglomerates active in both the banking sector and the insurance sector. …
Persistent link: https://www.econbiz.de/10011204396
The paper characterizes the optimal tax scheme in an open economy with structural inefficiencies on the labor market and on government size. On analytical grounds first, we show that the economy can use fiscal revaluation to exploit the terms of trade externality and to dampen the impact of an...
Persistent link: https://www.econbiz.de/10010933105
We propose two methods to choose the variables to be used in the estimation of the structural parameters of a singular DSGE model. The first selects the vector of observables that optimizes parameter identification; the second the vector that minimizes the informational discrepancy between the...
Persistent link: https://www.econbiz.de/10010815999
Over the last decade, France and Spain have experienced property price and residential investment increases which were among the strongest and the lengthiest in the euro area. Although the quality of the underlying data limits the precision of the estimates, the present paper aims at analysing...
Persistent link: https://www.econbiz.de/10008503204
MASCOTTE is the new version of the Banque de France's macro-econometric forecasting model. Following the last rebasing of National Accounts (currently at 1995 price), the previous version of the model was simplified, re-specified and re-estimated. The model is essentially used for making...
Persistent link: https://www.econbiz.de/10005056499
In many countries, wage changes tend to be clustered in the beginning of the year, with wages being set for fixed durations of typically one year. This has been, in particular, documented in recent years for European countries using microeconomic data. Motivated by this evidence we build a model...
Persistent link: https://www.econbiz.de/10010686145
improved in 2012. In non-life insurance, premiums increased at a solid pace of 3%. They were mainly fuelled by personal … insurance business lines, whereas premiums from corporate business lines remained almost flat in 2012, with mixed results across … transport insurance, while combined ratios improved steadily in motor insurance, coming close to the 100% breakeven point. The …
Persistent link: https://www.econbiz.de/10010929730
La collecte nette 2013 des 12 principaux organismes d’assurance vie s’élève à 5,1 milliards d’euros, redevenant positive après la décollecte nette de 8 milliards d’euros observée en 2012. La collecte nette ayant été quasi-nulle au 4ème trimestre, ce niveau était acquis dès la...
Persistent link: https://www.econbiz.de/10010929737
La structure du patrimoine financier des ménages français et son évolution sont des éléments importants dans l’appréciation de la situation des banques et des assurances. Cette structure évolue peu depuis 2011 ; à fin juin 2013, les placements des ménages sont composés...
Persistent link: https://www.econbiz.de/10010929739
En 2013, d’après leur communication financière, cinq grands groupes d’assurance actifs en France publient leurs résultats de manière suffisamment détaillée ; ces groupes présentent un chiffre d’affaires, toutes activités confondues, en progression modérée sur la zone Monde (+1,9...
Persistent link: https://www.econbiz.de/10010929740