Narrow search
Showing 1 - 10 of 75
Cover Image
Measuring Income Risk
Burgess, Simon; Gardiner, Karen; Jenkins, Stephen P.; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2000
British Household Survey. …
Persistent link: https://www.econbiz.de/10004963611
Cover Image
Confronting the Representative Consumer with Household-Size Heterogeneity
Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010
using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize …-level heterogeneity is household size, as individuals living in multi-member households have the potential to share goods within the … household, benefiting from household-size economies. Theoretically, we show that validating the role of a representative …
Persistent link: https://www.econbiz.de/10008645018
Cover Image
Is There Still a Case for Merchant Interconnectors?: Insights from an Analysis of Welfare and Distributional Aspects of Options for Network Expansion in the Baltic Sea Region
Gerbaulet, Clemens; Weber, Alexander - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014
Despite the ongoing appetite of financial investors for merchant investments into the European electricity network, the EC is reluctant to approve such undertakings, thus implicitly favoring regulated investments. Based on a two-level model, we analyze the impact of profit-maximizing merchant...
Persistent link: https://www.econbiz.de/10010886165
Cover Image
Development Scenarios for the North and Baltic Sea Grid: A Welfare Economic Analysis
Egerer, Jonas; Kunz, Friedrich; Hirschhausen, Christian von - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
The North and Baltic Sea Grid is one of the largest pan-European infrastructure projects raising high hopes regarding the potential of harnessing large amounts of renewable electricity, but also concerns about the implementation in largely nationally dominated regulatory regimes. The paper...
Persistent link: https://www.econbiz.de/10010784002
Cover Image
Demand Side Analysis of Microlending Markets in Germany
Kritikos, Alexander S.; Kneiding, Christoph; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...
Persistent link: https://www.econbiz.de/10005018669
Cover Image
The Cross-Section of Output and Inflation in a Dynamic Stochastic General Equilibrium Model with Sticky Prices
Döpke, Jörg; Funke, Michael; Holly, Sean; Weber, Sebastian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a...
Persistent link: https://www.econbiz.de/10005018674
Cover Image
Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets
Caporale, Guglielmo Maria; Souza, Ricardo M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
In this paper, we show, using the consumer's budget constraint, that the residuals of the trend relationship among consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for a panel of 31 emerging economies and find that,...
Persistent link: https://www.econbiz.de/10009322379
Cover Image
Are Stock and Housing Returns Complements or Substitutes?: Evidence from OECD Countries
Caporale, Guglielmo Maria; Souza, Ricardo M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
In this paper we use a representative consumer model to analyse the equilibrium relation between the transitory deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for both stock returns and housing returns. The evidence...
Persistent link: https://www.econbiz.de/10009322380
Cover Image
Funding Self-Employment: The Role of Consumer Credit
Kneiding, Christoph; Kritikos, Alexander S. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
overdrafts - to finance business activities. Controlling for financial and non-financial household variables we show that self …
Persistent link: https://www.econbiz.de/10009401160
Cover Image
Does Consumption Decline at Retirement?: Evidence from Repeated Cross-Section Data for Germany
Beznoska, Martin; Steiner, Viktor - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
regressions. We also find heterogeneity in retirement effects among birth cohorts, the level of household wealth, and the level of …
Persistent link: https://www.econbiz.de/10010555252