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The effect of stock market wealth on private consumption in Zimbabwe

Bindu, Samuel; Chigusiwa, Lloyd; Mazambani, D.; … - In: International journal of economic sciences and applied … 4 (2011) 2, pp. 125-142

The study seeks to examine stock market wealth effects on private non-durable consumption for Zimbabwean households using quarterly data from 1994(1) to 2008(2). The bounds testing approach to cointegration is employed to test the long run relationship between stock market wealth and...

Persistent link: https://www.econbiz.de/10009958072

The welfare cost of external habits : a quantitative assessment

Gómez, Manuel A. - In: Estudios de economía 37 (2010) 1, pp. 5-26

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...

Persistent link: https://www.econbiz.de/10009959110

The relationship between savings and economic growth in countries with different level of economic development

Misztal, Piotr - In: E-Finanse : finansowy kwartalnik internetowy 7 (2011) 2, pp. 17-29

The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced … the existence of one-way casual relationship between gross domestic savings and gross domestic product in the case of … relationship between gross domestic product and gross domestic savings both in developed economies and developing and transition …

Persistent link: https://www.econbiz.de/10009959715

The use of behavioral finance in the wealth management process

Opolski, Krzysztof; Potocki, Tomasz - In: E-Finanse : finansowy kwartalnik internetowy 7 (2011) 4, pp. 55-65

The economic theories taking into consideration human behavior and based on the achievements of psychology, sociology, anthropology have been evolving at a blistering pace over the last decade. Owing to that, the behavioral finance has become one of the fastest developing academic areas focused...

Persistent link: https://www.econbiz.de/10009959729

Die Einkommensverteilung : eine wichtige Größe für die Konjunkturprognose

Fichtner, Ferdinand; Junker, Simon; Schwäbe, Carsten - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 79 (2012) 22, pp. 3-10

Die Entwicklung des privaten Verbrauchs ist eine entscheidende Größe bei der Erstellung makroökonomischer Prognosen im Rahmen der Volkswirtschaftlichen Gesamtrechnungen. Als erklärende Variable für die Konsumentwicklung spielt damit auch die Ersparnisbildung der Haushalte eine zentrale...

Persistent link: https://www.econbiz.de/10010079408

Wege zu einem höheren Wachstumspfad

Bach, Stefan; Baldi, Guido; Bernoth, Kerstin; Bremer, Björn - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 80 (2013) 26, pp. 6-17

term. At the same time, the savings rate in Germany is one of the highest by international standards. As evidenced by the … enormous current account surpluses of up to seven percent in 2012, most of the savings went abroad, however, rather than being …

Persistent link: https://www.econbiz.de/10010148270

Economía chilena

Santiago - 1.1998 -

Persistent link: https://www.econbiz.de/10008393055

Inhabitants' willingness to pay for cultural heritage : a case study in Valdivia, Chile, using contingent valuation

Báez-Montenegro, Andrea; Bedate, Ana María; Herrero, … - In: Journal of applied economics 15 (2012) 2, pp. 235-258

Persistent link: https://www.econbiz.de/10010185433

La convergencia de las regiones chilenas, 1960 - 2009

Corvalán, Alejandro; Pezo, Danilo - In: Lecturas de economía 76 (2012), pp. 143-176

Persistent link: https://www.econbiz.de/10010185451