Showing 1 - 10 of 144
This paper examines the effect of reduced self-control on debt-taking in a laboratory experiment. We manipulate self … that people with low self-control have more problems with the repayment of consumption debt, but this relationship is, in …
Persistent link: https://www.econbiz.de/10012500130
This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt-taking. In a … back their consumption after feedback. However, at the end of the experiment they remain with higher debt levels, which …
Persistent link: https://www.econbiz.de/10012033567
Persistent link: https://www.econbiz.de/10000885131
This paper uses mortgage data to construct a measure of terms on which households access to external finance, and relates it to consumption at both the aggregate and cohort levels. The Household External Finance (HEF) index is based on the spread paid by risky borrowers in the mortgage market....
Persistent link: https://www.econbiz.de/10003770102
We investigate the transmission of central bank liquidity to bank deposits and loan spreads in Europe over the period from January 2006 to June 2010. We find evidence consistent with an impaired transmission channel due to bank risk. Central bank liquidity does not translate into lower loan...
Persistent link: https://www.econbiz.de/10012155137
important role. As expected, a higher ratio of government consumption to investment has a debt-augmenting effect, though …, considered separately, larger budget shares of both investment and personnel expenditure are associated with lower debt … detrimental effect on debt levels. …
Persistent link: https://www.econbiz.de/10010225574
'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is … known about spatial interaction via public debt. This paper estimates the spatial interdependence of public debt among … and robust interaction effects between debt of neighboring municipalities, which we compare to spatial tax and spending …
Persistent link: https://www.econbiz.de/10010233999
Persistent link: https://www.econbiz.de/10000587064
We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced...
Persistent link: https://www.econbiz.de/10003962861
-Kredite-Problem" in Ostdeutschland verhinderten. Die Verdienste der Banken als große Anteilseigner in privatisierten Unternehmen sind in … Unternehmen in Ostdeutschland sehr gering ist und es wird versucht, die Gründe für diese Entwicklung darzulegen. In Ostdeutschland … Ostdeutschland kontrastiert. Dabei wird besonderes Augenmerk auf das Ausmaß des Wettbewerbs im Geschäftsbankensektor gelegt sowie auf …
Persistent link: https://www.econbiz.de/10011417544