Narrow search
Showing 1 - 10 of 161
Cover Image
Dynamics on real estate and emerging markets
Schätz, Alexander - 2009
While much attention has focused on the modelling of the interdependencies between key aggregates and stock indices in industrialised countries, this thesis is focused on investments in emerging markets and real estate – two research branches that have up to now not been investigated to a...
Persistent link: https://www.econbiz.de/10009450173
Cover Image
Essays on testing some predictions of RBC models and the stationarity of real interest rates
Ji, Inyeob, Economics, Australian School of Business, UNSW - 2008
cointegration tests) Australia great ratios are examined. In Chapter 3 a more restrictive implication of real business cycle models …
Persistent link: https://www.econbiz.de/10009484248
Cover Image
Extraction of inflation expectations from financial instruments in Latin America
Fuertes Mendoza, Alberto; Gimeno Nogués, Ricardo; … - 2018
En este trabajo se obtiene una estimación de las expectativas de inflación para varios países de América Latina utilizando un modelo afín, que incluye como factores la inflación observada y los parámetros generados a partir de las curvas de rendimientos cupón cero sobre bonos soberanos...
Persistent link: https://www.econbiz.de/10012532144
Cover Image
Medicaid Crowd-Out of Long-Term Care Insurance with Endogenous Medicaid Enrollment
Kim, Geena - 2010
With states facing tightening Medicaid budgets, the high cost of financing long-term care for the elderly through Medicaid has prompted proposals to make private long-term care insurance (LTCI) more affordable through tax incentives. The effectiveness of tax incentives for stimulating LTCI...
Persistent link: https://www.econbiz.de/10009439040
Cover Image
Rising longevity, education, savings, and growth
Zhang, H.; Zhang, J. S.; Lee, R. - 2003
This paper examines the impact of declines in adult mortality on growth in an overlapping generations model. With public education and imperfect annuity markets, a decline in mortality affects growth through three channels. First, it raises the saving rate and thereby increases the rate of...
Persistent link: https://www.econbiz.de/10009447922
Cover Image
Population Pressures, Saving, and Investment in the Third World: Some Puzzles
Kelley, Allen - 1988
considered three adverseimpacts of population growth on savings and capital formation........ …
Persistent link: https://www.econbiz.de/10009475530
Cover Image
Solving the Feldstein–Horioka Puzzle With Financial Frictions
Bai, Yan; Zhang, Jing - 2010
Unlike the prediction of a frictionless open economy model, long-term average savings and investment rates are highly … that the calibrated model with both frictions produces a savings–investment correlation and a volume of capital flows close …
Persistent link: https://www.econbiz.de/10009476626
Cover Image
The Response of Consumption in Russian Households to Economic Shocks
Stillman, Steven - 2001
changes in household savings are negatively related to exogenous income shocks, with this relationship strongest for low … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …
Persistent link: https://www.econbiz.de/10009477527
Cover Image
PRECAUTIONARY SAVINGS IN SMALL OPEN ECONOMIES
Roitman, Agustin S. - 2010
(1990). This particular feature enables us to isolate the effect of risk aversion on precautionary savings. Furthermore, I … intertemporal distortions on precautionary savings in finite and infinite horizon models of a small open economy. The effects of … of shocks on precautionary savings and verify that these are qualitatively identical to the ones observed with CES …
Persistent link: https://www.econbiz.de/10009450605