Showing 1 - 10 of 15
Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the transmission of monetary policy impulses and their impact on...
Persistent link: https://www.econbiz.de/10009635882
approach is the parameterisation of the information content regarding future income changes. In addition to the information … regarding time series properties of the historical development of labour income, consumers have also period-specific information … lot of information on future income changes, but that also lagged consumption, through habit formation, plays an important …
Persistent link: https://www.econbiz.de/10009635925
intensive use of information improves understanding, suggesting that the media channel may play an important and constructive …
Persistent link: https://www.econbiz.de/10009640274
Using comparable survey data from twelve European countries from 1994 to 2001 we investigate households’ attitudes towards mortgage indebtedness. We find that a given debt burden creates much higher distress in countries with fewer mortgage holders relative to countries where a significant...
Persistent link: https://www.econbiz.de/10009640403
terms of number, and for 58% in terms of value. With a new and unique dataset that combines transaction information with …
Persistent link: https://www.econbiz.de/10009640426
Card issuers have mainly relied on rewards programs as their main strategic driver to increase electronic payments. However, there is scarce evidence on the effectiveness of rewards programs. This paper offers novel evidence on two key issues: i) it measures the impact of rewards programs on the...
Persistent link: https://www.econbiz.de/10009640433
We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...
Persistent link: https://www.econbiz.de/10009640638
Persistent link: https://www.econbiz.de/10009638265
Kosovo (EUOK) in improving the programming and implementation of information and communication (IC) Programmes funded by … 2015-2020 assistance, taking into consideration the lessons learned and the performance of past IPA information and … for the enlargement process. However, a strengthening of the strategic approach to information and communication would be …
Persistent link: https://www.econbiz.de/10011799481
The rapid evolution of information and communications technology (ICT) and associated digital communications over the … to enhance collaboration and information sharing; censorship circumvention technologies allow people to bypass attempts … to monitor and control information and communication flows. However, as well as unleashing tremendous new opportunities …
Persistent link: https://www.econbiz.de/10011902441