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Modelling long-run energy consumption under model uncertainty

Humer, Stefan; Csereklyei, Z. - EcoMod Network - 2012

The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...

Persistent link: https://www.econbiz.de/10010886612

DIVERGENT OPTIMAL INFLATION RATES IN EURO AREA COUNTRIES OR "DOES ONE SIZE FIT ALL?"

Caraballo, Mª Ángeles; Efthimiadis, Tilemahos - EcoMod Network - 2012

The aim of this paper is to derive the optimal inflation rate for the Euro Area (EA) countries from the relationship between relative price variability (RPV). In order to achieve the above stated goal, we have utilized monthly data for the Harmonized Index of Consumer Prices between January 1997...

Persistent link: https://www.econbiz.de/10010902567

Credit Rating Agency Downgrades and the Eurozone Sovereign Debt Crises

Baum, Christopher; Karpava, Margarita; Schäfer, Dorothea; … - EcoMod Network - 2014

This paper studies the impact of credit rating agency (CRA) downgrade announcements on the value of the Euro and the yields of French, Italian, German and Spanish long-term sovereign bonds during the culmination of the Eurozone debt crisis in 2011-2012.GARCH modeling of sovereign bond yields and...

Persistent link: https://www.econbiz.de/10010902601

Green change – endogenizing technical progress in the renewable power generation sector

Wiebe, Kirsten Svenja; Lehr, Ulrike; Lutz, Christian - EcoMod Network - 2013

Renewable energy deployment is growing rapidly on a global scale. China, Germany, Japan and the US are among the … countries with highest capacity of renewables installed. In Germany, for example, the large growth in renewable power generation …. & Edler, D. (2012): Green jobs? Economic impacts of renewable energy in Germany. Energy Policy 40, DOI 10.1016/j.enpol.2012 …

Persistent link: https://www.econbiz.de/10010902700

Monetary Policy Trade-Offs in a Portfolio Model with Endogenous Asset Supply

Schüder, Stefan - EcoMod Network - 2011

This paper describes the development of a portfolio balance model for an open economy with endogenous asset supply. Domestic producers finance capital goods through credit and bonds according to debt capital costs as well as equity assets. Private households hold a portfolio of domestic and...

Persistent link: https://www.econbiz.de/10010902810

Are large innovative firms more efficient?

Mayans, Maria Angeles Diaz; Sánchez, Rosario - EcoMod Network - 2012

One of the characteristics of the Spanish economy is the high percentage of small and medium-sized firms. Size is one of the factors that condition the managerial organization of the firm and their efficiency and productivity. On the other hand, it is a well-established connection between...

Persistent link: https://www.econbiz.de/10010887874

UNIT LABOUR COSTS AND PRICES: A SECTORIAL CAUSALITY ANALYSIS FOR THE SPANISH REGIONS

Caraballo, Mª Ángeles; García, Francisco Gómez; … - EcoMod Network - 2012

data for Spain and five of its regions: Andalusia, Cantabria, Extremadura, Navarra and the Basque Country, over the period …

Persistent link: https://www.econbiz.de/10010887875

New Disaggregate Evidence on Spanish Inflation Persistence

Usabiaga, Carlos; Romero-Ávila, Diego - EcoMod Network - 2012

This article investigates the degree of persistence of different inflation rates for the Spanish economy using the Consumer Price Index (CPI) for the aggregate as well as for the regions, provinces and eight groups of goods and services, in addition to the Producer Price Index (PPI) for the...

Persistent link: https://www.econbiz.de/10010887910

Credit Rating Impact on European Stock Markets

Faias, Jose; Ferro, Ana Mão de; Moreira, Carlos - EcoMod Network - 2013

, Ireland, Italy, Greece and Spain – since 2008. To understand if sovereign credit rating changes by S&P impact market returns …

Persistent link: https://www.econbiz.de/10010887930

A Duration Analysis of the Matching Process in Spanish Public Employment Agencies

Usabiaga, Carlos; Toledo, Pablo Álvarez de; Núñez, … - EcoMod Network - 2012

This work boasts a double objective: not only does it attempt to offer a complete panorama of the matching process in Andalusian public employment agencies (Servicio Andaluz de Empleo, SAE) for both sides of the job market, based on duration analysis, but also to assess the degree to which the...

Persistent link: https://www.econbiz.de/10010902533