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Survey of competitiveness of the EU rail supply industry
Griffin, Trevor (contributor) - Interfleet Technology <Derby> - 2007
Persistent link: https://www.econbiz.de/10009639819
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Does bargaining matter in the small firm's matching model?
l’Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - 2011
In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm's matching model of unemployment. To the best of...
Persistent link: https://www.econbiz.de/10009639478
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Raising rival's costs in the securities settlement industry
Holthausen, Cornelia; Tapking, Jens - 2004
The competition between a central securities depository (CSD) and a custodian bank is analysed in a Stackelberg model. The CSD sets its prices first, the custodian bank follows. There are many investor banks each of which has to decide whether to use the service of the CSD or of the custodian...
Persistent link: https://www.econbiz.de/10009639430
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Liquidity requirements and payment delays
Schulz, Christian - 2011
The paper presents an analysis of the trade-offs of participants of different type between payment delay and liquidity requirement on the basis of synthetically generated data. The generation of the synthetic transaction data set for a simple RTGS system is described and calibrated using real...
Persistent link: https://www.econbiz.de/10009640617
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How frequently do prices change?
Aucremanne, Luc; Dhyne, Emmanuel - 2004
This paper examines the degree of price rigidity in Belgian consumer prices, using a large database. As to the observed degree of rigidity, the results reveal a substantial amount of heterogeneity, not only across but also within product categories. While prices turn out to be perfectly flexible...
Persistent link: https://www.econbiz.de/10009636700
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Firms' investment decisions in response to demand and price uncertainty
Fuss, Catherine; Vermeulen, Philip - 2004
We estimate the effect of demand and price uncertainty on firms’ investment decisions from a panel of manufacturing … investment, while price uncertainty is insignificant. This is consistent with the behavior of monopolistic firms with … irreversible capital (Caballero, 1991). Further, firms revise their investment plans very little. They may do so in response to new …
Persistent link: https://www.econbiz.de/10009639401
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Explaining the money demand of non-financial corporations in the Euro area
Martinez-Carrascal, Carmen; Landesberger, Julian von - 2010
This paper analyses euro area non-financial corporations (NFC) money demand, both from a macro and a microeconomic point of view. At a macro level, money holdings are modelled as a function of real gross added value, the price level, the long-term interest rate on bank lending to non-financial...
Persistent link: https://www.econbiz.de/10009640283
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Household money holdings in the euro area
Seitz, Franz; Landesberger, Julian von - 2010
In this paper we analyse household holdings of the broad monetary aggregate M3 in the euro area from 1991 until 2009. We develop four models, two in nominal, two in real terms, with satisfactory economic and statistical properties. The main determinants are a transactions variable, wealth...
Persistent link: https://www.econbiz.de/10009640302
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Wages, labor or prices
Dhyne, Emmanuel; Druant, Martine - 2010
Survey results in 15 European countries for almost 15,000 firms reveal that Belgian firms react more than the average European firm to adverse shocks by reducing permanent and temporary employment. On the basis of a firm-level analysis, this paper confirms that the different reaction to shocks...
Persistent link: https://www.econbiz.de/10009640316
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Price and wage setting in Portugal : learning by asking
Martins, Fernando - 2011
This paper presents the main findings of a survey conducted on a sample of Portuguese firms. The main aim was to identify some relevant characteristics about the dynamics of prices and wages in Portugal. The most important conclusions are: i) changes to wages are more synchronized than changes...
Persistent link: https://www.econbiz.de/10009640690