Showing 1 - 10 of 11
We estimate the effect of demand and price uncertainty on firms’ investment decisions from a panel of manufacturing firms. Uncertainty measures are derived from firms’ subjective qualitative expectations. They are close to their theoretical counterparts, the variances of future demand and...
Persistent link: https://www.econbiz.de/10009639401
Starting from the assumption that firms are more likely to adjust their prices when doing so is more valuable, this paper analyzes monetary policy shocks in a DSGE model with firm-level heterogeneity. The model is calibrated to retail price microdata, and inflation responses are decomposed into...
Persistent link: https://www.econbiz.de/10009640772
decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions …
Persistent link: https://www.econbiz.de/10009635888
decision-making and interest in cross-border offers, and estimating savings consumers could make. The preparatory phase … presentation of information on consumers’ decision-making, the interplay between contract features and behavioural traits, and … effectiveness of remedies to improve consumer decision-making. The survey examined respondents’ behavioural characteristics …
Persistent link: https://www.econbiz.de/10012036383
Persistent link: https://www.econbiz.de/10009640268
As part of their respective mandates to protect investors, depositors and policy holders, the three European Supervisory Authorities, the EBA, ESMA and EIOPA are concerned about the practices used by some financial institutions to comply with enhanced prudential requirements under the CRD/R IV,...
Persistent link: https://www.econbiz.de/10010392286
This study focuses on the assessment of index tools for agricultural insurances. Index insurances basically differ from traditional agricultural insurances in that they do not refer to the actual farm losses, but to the losses evaluated from an index. This index can be, for example, some area...
Persistent link: https://www.econbiz.de/10011439188
Persistent link: https://www.econbiz.de/10011625000