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The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced economies and in emerging and developing countries2. In this work we used the method based on studies in macroeconomics and international finance as well as econometric methods...
Persistent link: https://www.econbiz.de/10009959715
This article aims to identify the most relevant variables that allow through a neural network model (RNA), with supervised learning, in a kind of error correction and feedforward perceptron multilayer architecture to achieve the best predictors of low risk, in the process of microcredit....
Persistent link: https://www.econbiz.de/10010049039
The study seeks to examine stock market wealth effects on private non-durable consumption for Zimbabwean households … relationship between stock market wealth and consumption. An autoregressive distributed lag model (ARDL) analysis is implemented to … shows a speedy convergence to long run equilibrium. -- wealth effects ; consumption dynamics ; income effect ; convergence …
Persistent link: https://www.econbiz.de/10009958072
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 the presence of consumption externalities, the welfare loss relative to …
Persistent link: https://www.econbiz.de/10009959110
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
Sparquote in den DIW-Konjunkturprognosen verbessert werden. Es zeigt sich, dass der deutliche Anstieg der Sparquote in den … ist hingegen wegen der kräftig steigenden Löhne ein weiterer Anstieg der Sparquote unwahrscheinlich. …
Persistent link: https://www.econbiz.de/10010079408
Wohlstand zu sichern. Gleichzeitig ist die gesamtwirtschaftliche Sparquote in Deutschland im internationalen Vergleich mit am …
Persistent link: https://www.econbiz.de/10010148270
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