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This paper explores the relationship between risk attitude and asset diversification in household portfolios. We first examine the impact of manifested risk aversion on the total number of distinct assets held in a portfolio (naive diversification). The second part of the paper focuses on a more...
Persistent link: https://www.econbiz.de/10010291769
With banking sectors worldwide still suffering from the effects of the financial crisis, public discussion of plans to place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how governments can efficiently relieve ailing banks from toxic...
Persistent link: https://www.econbiz.de/10010291776
This document provides an overview of the long-term care system, the number and develop-ment of beneficiaries and the long-term care policy in Germany. The report is part of the first stage of the European project ANCIEN (Assessing Needs of Care in European Nations), commissioned by the European...
Persistent link: https://www.econbiz.de/10010291787
It is argued that the observed return rates on capital at firm-level have an upward bias if firms are producing with unobserved intangible capital. Using EUKLEED, a comprehensive firm level data base for Germany, this theoretical preposition is proved empirically. Furthermore, making unobserved...
Persistent link: https://www.econbiz.de/10010292371
Biokraftstoffen die heimische Agrarwirtschaft unterstützen. In Deutschland wird bisher insbesondere Biodiesel produziert, der vor … Mineralölsteuerbefreiung von Biokraftstoffen in Deutschland. Diese Förderung führte zu einem Ausgleich des Kostennachteils von Biokraftstoffen … einzusparen. Die Treibhausgasvermeidungskosten beim Einsatz von in Deutschland produzierten Biokraftstoffen liegen zwischen 150 …
Persistent link: https://www.econbiz.de/10010294961
Arbeitslose das Recht haben, sich mit Einstiegstarifen (von 20 vH unter Tarif) in den Arbeitsmarkt wieder einzuklinken …
Persistent link: https://www.econbiz.de/10010294970
Die Subventionen in Deutschland sind seit Jahrzehnten Gegenstand intensiver wirtschaftspolitischer Auseinandersetzungen …
Persistent link: https://www.econbiz.de/10010294978