Showing 1 - 10 of 421
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 … significant wealth effects for Zimbabwe, a developing country. This contradicts the commonly held view that LDCs should have …
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...
Persistent link: https://www.econbiz.de/10009959110
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
Management services. -- wealth management ; behavioral finance ; heuristics ; prospect theory ; bounded rationality … investment strategies and establish control of the customer service in the cooperation between advisors and clients of the Wealth …
Persistent link: https://www.econbiz.de/10009959729
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
Während manche Länder in der Europäischen Währungsunion aufgrund von Schulden- und Strukturkrisen tief in der Rezession stecken, steht die deutsche Wirtschaft derzeit glänzend da. Die Arbeitslosigkeit ist auf den niedrigsten Stand seit der Wiedervereinigung gefallen, die Wirtschaftsleistung...
Persistent link: https://www.econbiz.de/10010148270
In this paper, a fuzzy multiobjective mathematical programming model for operational transport planning in a supply chain is presented. The objectives of the proposed model are the minimization of the number of used trucks and the total inventory level, by considering vehicle capacities as a...
Persistent link: https://www.econbiz.de/10009957375
This paper presents a critical analysis of some of the techniques which are applied in practice to obtain composite indicators from a previous sub-indicator system. In studying each methodology, we identify the advantages and disadvantages associated with them, paying particular attention to...
Persistent link: https://www.econbiz.de/10009957386
This paper analyzes the importance of having a network of stations adapted to vehicles carrying dangerous goods. In the r̄st place, it is studied the current demand which is offered by the existing parking areas, and in the second place, it is explained a maximum coverage location model in...
Persistent link: https://www.econbiz.de/10009957388
The generalized truck-and-trailer routing problem (GTTRP) constitutes a uniēd model for vehicle routing problems with trailers and a fixed lorry-trailer assignment. The GTTRP is a generalization of the truck-and-trailer routing problem (TTRP), which itself is an extension of the well-known...
Persistent link: https://www.econbiz.de/10009957394