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Fixed and variable-rate mortgages, business cycles and monetary policy
Rubio Sánchez, Margarita - 2009
The aim of this paper is twofold. First, I study how the proportion of fixed and variable-rate mortgages in an economy can affect the way shocks are propagated. Second, I analyze optimal implementable simple monetary policy rules and the welfare implications of this proportion. I develop and...
Persistent link: https://www.econbiz.de/10012530202
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Housing market heterogeneity in a monetary union
Rubio Sánchez, Margarita - 2009
This paper studies the implications of cross-country housing market heterogeneity for a monetary union, also comparing the results with a flexible exchange rate and independent monetary policy setting. I develop a two-country new Keynesian general equilibrium model with housing and collateral...
Persistent link: https://www.econbiz.de/10012530257
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Consumption, Land Prices and the Monetary Transmission Mechanism in Japan
Muellbauer, John; Murata, Keiko - 2009
, contrary to much conventional wisdom. This paper suggests that these circumstances are more likely to be prevalent in Japan and … evidence of a negative land price effect for Japan supports this hypothesis. We find no evidence of significant household … creditmarket liberalization from a model for household debt in Japan. …
Persistent link: https://www.econbiz.de/10009472113
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Testing economic model of child quality and quantity in a developing country
Hossain, Shaikh Iftekhar - 1993
Neoclassical theory of consumer behavior posits a static framework for utility maximization from micro perspectives. The consumer is assumed to behave as if he maximizes a utility function subject to a set of non-stochastic restrictions like exogenous prices and predetermined income. Gary Becker...
Persistent link: https://www.econbiz.de/10009438610
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Demographic processes in China and Vietnam: Three essays
Merli, M Giovanna - 1996
This dissertation includes three separate papers that share an emphasis on the significance of socio-political and historical factors on the quality of demographic data in China and Vietnam. The first two papers investigate the interaction between data collection and family planning policy...
Persistent link: https://www.econbiz.de/10009439081
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The Impact of Demographic and Structural Change on Transport Use
Ballingall, John; Steel, Doug - 2004
The 2002 New Zealand Transport Strategy states that in the long run, economic development and transport activity need not be directly related. This implies that a degree of „decoupling‟ is required – that economic development needs to occur without similar growth in transport. Before...
Persistent link: https://www.econbiz.de/10009443699
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REGIONAL ECONOMIC EFFECTS OF THE WATER FRAMEWORK DIRECTIVE IN THE EMSLAND, NORTH GERMANY
Bergmann, Holger; Thomson, Kenneth J. - 2009
labour market, and demographics. It is shown that tourism is able to compensate for the losses in GVA and employment in the …
Persistent link: https://www.econbiz.de/10009444839
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Australia's uncertain demographic future
Wilson, Tom; Bell, Martin - 2004
The techniques of probabilistic population forecasting are increasingly being recognised as a profitable means of overcoming many of the limitations of conventional deterministic variant population forecasts. This paper applies these techniques to present the first comprehensive set of...
Persistent link: https://www.econbiz.de/10009447861
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Demographic effects on the use of vertical sources of guidance by managers in widely differing cultural contexts
Smith, Peter B.; Peterson, Mark F.; Ahmad, Abd Halim; … - 2005
Data provided by 7380 middle managers from 60 nations are used to determine whether demographic variables are correlated with managers’ reliance on vertical sources of guidance in different nations and whether these correlations differ depending on national culture characteristics. Significant...
Persistent link: https://www.econbiz.de/10009448324
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Strategy and luck: Exploring the theory of strategic configuration and market evolution by simulating dynamic competitive markets as a complex adaptive system
Wilson, James M - 2000
This dissertation explores competitive market dynamics and firm configurations of resources and capabilities as a complex adaptive system using a computer simulation. The work is an extension of the broad literature on strategy-environment alignment, integrating concepts from the organizational...
Persistent link: https://www.econbiz.de/10009468053