Les productions animales sont un secteur important de l’agriculture en Europe. Selon Feed & Food1, la valeur de la production animale (141 milliards €) représente 40 % de celle de l’ensemble de la production agricole de l’UE 27, qui s’élevait en 2007 à 356 milliards €. Les...

Wussten Sie, dass Sie als EU-Bürger das Recht haben, in einem anderen EU-Land zu wohnen, zu arbeiten und zu studieren? Und wussten Sie auch, dass Jahr für Jahr Tausende von diesen Rechten Gebrauch machen? Sie zählen zu den grundlegenden Rechten, die Sie als Unionsbürger genießen. Mit dieser...

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...

Based on the householdsu0092 utility maximisation, a closed form approximation of the consumption function is derived and the deep parameters of the consumption function are estimated using aggregate euro area data. The novel element in our approach is the parameterisation of the information...

Does the general public know what central banks do? Is this kind of knowledge relevant? Using a survey of Dutch households, we investigate these questions for the case of the European Central Bank (ECB). Our findings suggest that knowledge on the ECB’s objectives is far from perfect. Both a...

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...

Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in terms of number, and for 58% in terms of value. With a new and unique dataset that combines transaction information with survey data on payment behaviour of German consumers, we...

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...