Narrow search
Showing 1 - 10 of 195
Cover Image
Leisure and housing consumption after retirement : new evidence on the life-cycle hypothesis
Schreiber, Sven; Beblo, Miriam - 2016
We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions such as those around retirement should not affect consumption. However, we first recall that given higher leisure endowments after retirement, the theory does predict a fall of...
Persistent link: https://www.econbiz.de/10011455042
Cover Image
Intergenerational transfers : how do they shape the German wealth distribution?
Werder, Marten von - 2018
. This study adds to the discussion by providing causal estimates for the effect of transfer receipt on the savings behavior … of households. The model allows for dynamic adjustment and variations in the savings behavior over the wealth … transfer volume, the transfer incidence over the wealth distribution and the effect of the savings behavior. The results are …
Persistent link: https://www.econbiz.de/10011915902
Cover Image
Labor market reforms, precautionary savings, and global imbalances
Hochmuth, Brigitte; Moyen, Stephane; Stähler, Nikolai - 2019
-sectional heterogeneity to establish a direct link between labor market reforms and changes in net foreign assets via a precautionary savings …
Persistent link: https://www.econbiz.de/10011995060
Cover Image
Central bank independence and sovereign debt crisis. Any link?
Heimonen, Kari; Maslowska-Jokinen, Aleksandra - 2014
In this paper we ask if central bank independence could lead to a bad fiscal position of some countries. Introducing autonomous central bank without changing other policy habits could expose the country to greater temptation to borrow money. We think that introducing high degree of CBI creates...
Persistent link: https://www.econbiz.de/10012503047
Cover Image
Regional differences in housing price dynamics: Panel data evidence
Oikarinen, Elias; Engblom, Janne - 2014
In this study, regional differences in housing price dynamics are examined empirically using panel data models. We concentrate on examining the momentum dynamics and the reversion speed towards fundamental price level. The analysis can be seen as a test for the validity of conventionally used...
Persistent link: https://www.econbiz.de/10012503048
Cover Image
Globalization and international business cycle dynamics : a conditional GVAR approach
Binder, Michael; Offermanns, Christian J. - 2014
We examine the effects of increased international integration of both goods and financial markets on business cycle dynamics. To do so, we develop a new econometric framework for modelling cross-country spillovers in which the magnitude of these spillovers is an empirically determined function...
Persistent link: https://www.econbiz.de/10010414228
Cover Image
Estimation of short dynamic panels in the presence of cross-sectional dependence and dynamic heterogeneity
Gilhooly, Robert; Weale, Martin; Wieladek, Tomasz - 2012
We propose a Bayesian approach to dynamic panel estimation in the presence of cross-sectional dependence and dynamic heterogeneity which is suitable for inference in short panels, unlike alternative estimators. Monte Carlo simulations indicate that our estimator produces less bias, and a lower...
Persistent link: https://www.econbiz.de/10009680588
Cover Image
Challenges and opportunities for the sustainable development of cattle raising in Brazil
Reis, Eustáquio José - 2016
The paper provides historical and analytical perspectives for the assessment of the challenges and opportunities of cattle raising activities in the transition towards a lowcarbon agriculture in Brazil. It is organized as follows. The next section presents long run historical perspectives on the...
Persistent link: https://www.econbiz.de/10012060000
Cover Image
The unification bonus (malus) in postwall Eastern Germany
Beblo, Miriam - 2001
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10013428413
Cover Image
The prospects of capital markets in Central and Eastern Europe
Köke, F. Jens - 2002
Persistent link: https://www.econbiz.de/10013428498