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In view of this changing landscape, we look at the three major drivers of growth in consumer finance: auto finance, housing finance and consumer durable finance. We discuss the trends in each of these areas as well as the shortcomings which are slowing down growth. We present some of the...
Persistent link: https://www.econbiz.de/10005561323
This paper suggests that skill accumulation through past work experience, or ``learning-by-doing'' (LBD), can provide an important propagation mechanism in a dynamic stochastic general equilibrium model, as the current labor supply affects future productivity. Our econometric analysis uses a...
Persistent link: https://www.econbiz.de/10005076683
In recent years a new consensus has emerged in macroeconomics in general and in model building in particular, the so called New Keynesian Paradigm (NKM). This paper applies Bayesian estimation techniques to a time series data set of the euro area and presents estimates of a DSGE model. The...
Persistent link: https://www.econbiz.de/10005561357
-80s. This paper aims to study if an old fleet could affect the demand for air transportation. …
Persistent link: https://www.econbiz.de/10005076880
We estimate the demand for colleges in the United States by relating new applications to easily comparable … characteristics of the schools in the sample. We find that the demand for 1134 U.S. colleges in 1994 is positively related to out …
Persistent link: https://www.econbiz.de/10005125047
The main argument of this paper is that consumption and demand, like production, are discovery processes guided by … retail payment services in the United Kingdom to appreciate how consumption and demand can be shaped by the intertwined …
Persistent link: https://www.econbiz.de/10005134450
On 31 July 1998 the Commission received a request from the Treasurer to undertake, on behalf of the Government of the Australian Capital Territory, a study into whether it is in the public interest for the ACT to: . ban the sale of eggs from battery caged hens in the ACT (whether produced in the...
Persistent link: https://www.econbiz.de/10005407762
outside OPEC and the Middle East, while China, India and North America will continue to determine oil demand. The political … demand; namely, Russia’s oil supply falters while China’s demand soars, versus Russia’s oil supply soars while China’s demand …
Persistent link: https://www.econbiz.de/10005407800
This document introduce the obtained results of the econometric estimation of cement demand and supply in Bolivia … considered as a simultaneous equations model, based on two equations, one for the demand and another for the supply. The … cement demand and supply to be able to explain the coefficients associated to the variables in form of elasticities. The …
Persistent link: https://www.econbiz.de/10005408000
Spanish energy domain. The model rests on our prior estimation of a demand system which is especially designed for …
Persistent link: https://www.econbiz.de/10005560966