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Insbesondere seit der Verabschiedung der Kartellschadensersatzrichtlinie 2014/104/EU durch das Europäische Parlament und den Rat im Dezember 20141 gelangt die privatrechtliche Kartellrechtsdurchsetzung auch in Europa immer mehr in den Mittelpunkt der rechtswissenschaftlichen Diskussion. In...
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This paper uses mortgage data to construct a measure of terms on which households access to external finance, and relates it to consumption at both the aggregate and cohort levels. The Household External Finance (HEF) index is based on the spread paid by risky borrowers in the mortgage market....
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Household debt and house prices in the United Kingdom rose substantially between 1987 and 2006. In this paper we use a calibrated overlapping generations model of the household sector to examine the extent to which changes in demographics, lower inflation, and a lower long-run real interest rate...
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