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During the last decade, markets for covered warrants (bank-issued options) have flourished in Europe and Asia. In these markets, investors often face a choice between many instruments that differ only slightly from each other. Based on retail trades in call options on the German DAX index, this...
Persistent link: https://www.econbiz.de/10009640343
Rational expectations has been the dominant way to model expectations, but the literature has quickly moved to a more … their expectations. A standard assumption is that agents form expectations by using the correctly specified reduced form … included. Therefore, agents base expectations on a misspecified MSV solution. In contrast, we assume agents know the deep …
Persistent link: https://www.econbiz.de/10009640692
We develop a dynamic stochastic general equilibrium model with rational inattention by households and firms. Consumption responds slowly to interest rate changes because households decide to pay little attention to the real interest rate. Prices respond quickly to some shocks and slowly to other...
Persistent link: https://www.econbiz.de/10009640770
games, focus groups with parents and children, a survey with parents, and behavioural experiments on advergames and in … parents play an important role in mediating their children’s online behaviour, parents are often not fully aware of the risks …
Persistent link: https://www.econbiz.de/10011998853
The take-up rate of parental and paternity leave among fathers has been increasing in most Member States but it still remains relatively low. Covering all the EU Member States and Norway, this report looks at the most recent trends in terms of take-up of parental and paternity leave, existing...
Persistent link: https://www.econbiz.de/10010507118
Persistent link: https://www.econbiz.de/10010527970
Persistent link: https://www.econbiz.de/10010527976
The purpose of this report is to provide information on and present an analysis of the implementation of Parental Leave Directive 2010/18 as well as possible weaknesses and lacunae in the existing acquis. The focus of this report will be on the way the various types of family leave and other...
Persistent link: https://www.econbiz.de/10011624869