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Asset Prices and Banking Distress: A Macroeconomic Approach

Peter, Goetz von - EconWPA - 2004

, and makes precise the notion of balance sheet vulnerability. It also sheds some light on the role of asset prices in …

Persistent link: https://www.econbiz.de/10005413177

Estimating Vulnerability

Elbers, Chris; Gunning, Jan Willem - EconWPA - 2004

Many existing measures of vulnerability lack a theoretical basis. In this paper we propose to measure vulnerability … strongly on the time horizon considered. We use the model to assess the accuracy of existing regression-based vulnerability …

Persistent link: https://www.econbiz.de/10005556033

Vulnerability in a Stochastic Dynamic Model

Elbers, Chris; Gunning, Jan Willem - EconWPA - 2004

Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model … to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the … household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time …

Persistent link: https://www.econbiz.de/10005556097

Snir, Avichai; Levy, Daniel - EconWPA - 2005

Economic organization of the imaginary worlds depicted in popular literary works may be viewed as a mirror to public opinion on the economic organization of life. If a book becomes a best-seller, it is because the book conveys messages, feelings, and events the readers can relate to. In other...

Persistent link: https://www.econbiz.de/10005407781

Application of Economic Concepts on Religious Behavior

Mangeloja, Esa - EconWPA - 2003

This survey gathers the current state of research activity on the emerging economic sub-area Economics of Religion. The …

Persistent link: https://www.econbiz.de/10005062489

The Invisible Hand Plays Dice: Eventualities in Religious Markets

Poutvaara, Panu; Wagener, Andreas - EconWPA - 2004

Religious participation is much more widespread in the United States than in Europe, while Europeans tend to view sects more suspiciously than Americans. We propose an explanation for these patterns without assuming differences in preferences or market fundamentals. Religious markets may have...

Persistent link: https://www.econbiz.de/10005407789

Towards a new EU policy for the Mediterranean South? Culture, migration and the de-velopment of social indicators in a wider Europe. Conference Paper, The European Union Neighbourh...

TAUSCH, Arno - EconWPA - 2005

Both in demographic as well as in sociological terms, much of West European fears about East European migration at least conceal the real issues of the future migration processes. An analysis of world population growth trends shows that Africa, West Asia and Southeast-Asia become the real future...

Persistent link: https://www.econbiz.de/10005408318

Denominational Schism: An Economic Perspective

Karacuka, Mehmet; Leroch, Martin - EconWPA - 2005

In this paper we present an economic model contributing to the explanation of religious schism, a topic mostly dealt with in the fields of sociology and psychology so far. The main idea is to see religious groups as networks. These networks may serve as a device for exchanging information about...

Persistent link: https://www.econbiz.de/10005556165

Religion

Rossi, Maximo; Rossi, Ianina - EconWPA - 2005

The present paper is a first attempt to measure and explain, from an economic perspective, the religious behavior of uruguayans (women in this stage), and compare the results with those obtained for some Latin American and developed countries. In this first stage, the efforts were concentrated...

Persistent link: https://www.econbiz.de/10005556172

DEMOCRACY, IDEOLOGY AND INCOME INEQUALITY: AN EMPIRICAL ANALYSIS

Milanovic, Branko; Gradstein, Mark; Ying, Yvonne - EconWPA - 2003

/mixed Christian and societies without a dominant religion. In addition, we find a strong evidence that, controlling for the level of …, empirical literature has failed to uncover any such robust relationship. Here we take yet another look at this issue arguing …

Persistent link: https://www.econbiz.de/10005556925