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Overall, household debt levels have risen sharply over the past decades in EU Member States. While certain levels of … household debts can be beneficial, they can become problematic especially with a sudden, unexpected decrease of incomes or …
Persistent link: https://www.econbiz.de/10011903923
Household over-indebtedness is among the causes of the current financial crisis. In turn, the crisis exacerbated both … public and private debt problems. In this paper, household over-indebtedness is broadly defined as the situation where a … household cannot comply with payment requirements – whether it be mortgage, utility or consumer credit payments – on a …
Persistent link: https://www.econbiz.de/10011903924
This guide shows how a life cycle approach can be used to identify and reduce the environmental and health impacts of the products we use. It underlines the importance of considering these issues across the entire life cycle of a product and sets them within the context of policy development,...
Persistent link: https://www.econbiz.de/10009640202
identified in the literature: real disposable income and wealth. We highlight the role of employment and wage policies in …
Persistent link: https://www.econbiz.de/10009641052
In Germany private consumption virtually stagnated for nearly a decade and clearly lagged behind GDP growth. This Country Focus uses the estimation of a consumption function to show that the drop in employment is the most important factor behind the reluctance to consume in the first half of...
Persistent link: https://www.econbiz.de/10009641101
Persistent link: https://www.econbiz.de/10010528091
Persistent link: https://www.econbiz.de/10010528107
This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...
Persistent link: https://www.econbiz.de/10009635876