Similar Search Results

Alan, Sule; Dumitrescu, Ruxandra; Loranth, Gyongyi - 2011

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … conducted by the lender between October 2006 and January 2007. We nd that individuals who tend to utilize their credit limits … fully do not reduce their demand for credit when subject to increases in interest rates as high as 3 percentage points. This …

Persistent link: https://www.econbiz.de/10009640638

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 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

Distributional dynamics under smoothly state-dependent pricing

Costain, James; Nakov, Anton - 2011

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

Indeterminacy and search theory

Giammarioli, Nicola - 2003

This paper investigates a dynamic general equilibrium model with search. In particular, search externalities are reßected by an increasing returns to scale matching function, which may imply an indeterminate equilibrium. Hence, the model is capable to generate business ßuctuations, driven by...

Persistent link: https://www.econbiz.de/10009635902

Making sustainable consumption and production a reality

Julien, Bruno (contributor) - 2009

This guide shows how a life cycle approach can be used to identify and reduce the environmental and health impacts of the products we use. It underlines the importance of considering these issues across the entire life cycle of a product and sets them within the context of policy development,...

Persistent link: https://www.econbiz.de/10009640202

Private consumption in France - stubbornly high, or responsive to determinants?

Casaux, Suzanne; Ecochard, Pierre - 2011

This Country Focus studies the development of private consumption in France during the decade before the crisis. Are French consumers greater spendthrifts than their European fellows? In this paper, we estimate a consumption function to show that strong growth of private consumption in France...

Persistent link: https://www.econbiz.de/10009641052

German consumption: is there hope for a revival?

Eppendorfer, Carsten; Stierle, Michael H. - 2008

In Germany private consumption virtually stagnated for nearly a decade and clearly lagged behind GDP growth. This Country Focus uses the estimation of a consumption function to show that the drop in employment is the most important factor behind the reluctance to consume in the first half of...

Persistent link: https://www.econbiz.de/10009641101

Agricultural Insurance Schemes : Final Deliverable ; Report

Maria BIELZA DIAZ-CANEJA; Costanza Giulia CONTE; Remo … - Institute for the Protection and Security of the … - 2008

risk of substantial income reduction of farmers. The study is structured in three main parts. The first part analyses the … loss risk from FADN data. The second part evaluates index insurances. The third part makes a cross-validation of index … restricted to EU-15 because of data availability, in particular for the FADN loss risk assessment, for which long time series are …

Persistent link: https://www.econbiz.de/10011439188

Mikrokredite für Existenzgründer und Kleinstbetriebe

Europäische Kommission / Generaldirektion Unternehmen - 2003

Persistent link: https://www.econbiz.de/10009637562

Mikrokredite für europäische Kleinunternehmen : Arbeitsdokument der Kommissionsdienststellen

Europäische Kommission - 2004

Persistent link: https://www.econbiz.de/10009637583