Showing 31 - 40 of 137
We use survey evidence on reported spending in hypothetical energy price shock scenarios to study novel features of the price elasticity of energy demand and the marginal propensity to consume (MPC) after paying the energy bill. We document several nonlinearities depending on the sign and...
Persistent link: https://www.econbiz.de/10014305315
We use Belgian data with information on domestic firm-to-firm sales and foreign trade transactions to study how international trade affects firm efficiency and real wages. The data allow us to accurately construct the domestic production network of the Belgian economy, revealing several new...
Persistent link: https://www.econbiz.de/10012141534
. Using the universe of buyer-supplier relationships in Belgium, the paper develops a set of stylized facts that motivate a …
Persistent link: https://www.econbiz.de/10012141552
This paper examines robust estimators of core inflation for Belgian historical CPI data, and for euro area Harmonised Indices of Consumer Prices. Evidence of fat tails in the cross-sections of price changes is provided by traditional measures, as well as by a robust measure of the tail weights...
Persistent link: https://www.econbiz.de/10011506524
This paper presents a new quarterly macroeconometric model of the Belgian economy. It is intended to contribute to existing analytical work covering the specific transmission mechanisms of the euro area monetary policy in the Belgian economy. It also contributes to the forecast exercises and to...
Persistent link: https://www.econbiz.de/10011506526
industrial confidence indicators for Belgium and for the euro area, and the statistical significance of the differences in timing … has been assessed using the Randomization Test proposed by Banerji. We conclude that the turning points in Belgium do in … confidence indicator is not really surprising, as changes in the business cycle stages in Belgium seem to have been ahead of …
Persistent link: https://www.econbiz.de/10011506534
This article aims at setting forth the development of venture capital in Belgium. To that end, the situation is …
Persistent link: https://www.econbiz.de/10011506535
Given the importance of bank credit in Belgium as a financing source for both households and non-financial firms, it is … Bank of Belgium and relate to the period from January 1993 to September 2000. It is shown that Belgian banks set their …
Persistent link: https://www.econbiz.de/10011506537
Approximately 70% of Belgian consumer prices are to be considered as attractive prices, namely psychological prices, fractional prices - i. e. prices which are convenient to pay - and round prices. Conversion of these prices into euro generally leads to prices which are no longer attractive and...
Persistent link: https://www.econbiz.de/10011506539
This paper investigates the effects of monetary policy on firms' investment behaviour. The analysis relies on a comprehensive database of Belgian firms covering all sectors of economic activity and firms of all sizes. We proceed in two steps. First, we estimate a reduced-form investment equation...
Persistent link: https://www.econbiz.de/10011506540