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This paper provides derivations necessary for solving an optimal consumption problem with multiplicative habits and a CRRA 'outer' utility function either for a microeconomic problem with both labor income risk and rate-of-return risk or for a macroeoconomic representative agent model.
Persistent link: https://www.econbiz.de/10010293504
with other industries. We also find a relatively strong overall effect of new business formation in knowledge …
Persistent link: https://www.econbiz.de/10010281674
comparable enterprise level data from France, Germany, and the United Kingdom. Exporters are more productive and pay higher wages … significantly smaller in Germany, significantly larger in France, and does not differ significantly in the UK. The results for wages … services firms into exporting does not show up among firms from France and the UK where no statistically significant …
Persistent link: https://www.econbiz.de/10010305935
Eine vergleichende Analyse der agrarsozialen Sicherungssysteme in Deutschland und Frankreich, die auch eine vergleichende Bewertung der Systeme aus der Perspektive der versicherten Landwirte enthält, ist trotz einiger Parallelen zwischen landwirtschaftlicher Sozialversicherung (LSV) und...
Persistent link: https://www.econbiz.de/10010305992
, Germany, France and the Netherlands to developing countries located in different world regions. Our goal is to elucidate …
Persistent link: https://www.econbiz.de/10010307916
Since 2008, France experiences a sharp productivity slowdown. Both output per hour and total factor productivity are …
Persistent link: https://www.econbiz.de/10011307397
Nuclear power is an important pillar in electricity generation in France. However, France's nuclear power plant fleet … in France under different scenarios? Second, who has to bear these costs, i.e., how much of the costs will be passed on … France have on system costs? Applying a stochastic optimization model for the European electricity system, we show that …
Persistent link: https://www.econbiz.de/10011310661
The recycling of packaging waste is an objective of the Community with very ambitious recycling rate targets laid down in the European law. Research on the operations and on the financial and economic costs that resulted from this environmental policy is an ongoing effort. Currently, there is...
Persistent link: https://www.econbiz.de/10011340933
household packaging waste for five EU countries, namely: France, Germany, Portugal, Romania and the UK. We compare institutional …
Persistent link: https://www.econbiz.de/10011340934
, Germany, France and the Netherlands to developing countries located in different world regions. Our goal is to elucidate …
Persistent link: https://www.econbiz.de/10011345484