Showing 1 - 10 of 100
Ersparnisbildung der Haushalte eine zentrale Rolle, da die privaten Haushalte bei der Verwendung ihrer Einkommen zwischen Konsum und …
Persistent link: https://www.econbiz.de/10010079408
targeting monetary policy. The results from Generalized Methods of Moments (GMM) estimation suggest that empirical findings are …
Persistent link: https://www.econbiz.de/10010160677
We investigate the impact of agent communication networks on prices in an artificial stock market. Networks with different centralization measures are tested for their effect on the volatility of prices. Trading strategies diffuse through the different network topologies, mimetic contagion...
Persistent link: https://www.econbiz.de/10010079539
It is systemic to expound how that the speculative behaviors are driven by the number of a series housing policies promulgated by China's government for the real estate market. The market is resulted in full of speculative behaviors, and has been booming since the beginning of this decade, even...
Persistent link: https://www.econbiz.de/10010079547
We analyze expectations of the Dutch population ages 25 and older concerning future generosity of state and occupational pensions, the main pillars of the Dutch pension system. We use rotating panel data with monthly observations from 2006 until 2012 on individuals’ subjective expectations...
Persistent link: https://www.econbiz.de/10010082266
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 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
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
stecken, steht die deutsche Wirtschaft derzeit glänzend da. Die Arbeitslosigkeit ist auf den niedrigsten Stand seit der … German economy appears to have excelled compared to many other euro area states. Unemployment has fallen to the lowest level …
Persistent link: https://www.econbiz.de/10010148270