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The ECB Working Paper Series seeks to disseminate economic research on issues that are relevant to the various tasks and functions of the ECB. The Series invites submissions of research work by ECB staff and visitors. Papers by researchers not affiliated with the ECB may also be considered for...
Persistent link: https://www.econbiz.de/10009635880
En este estudio se propone un análisis econométrico de la evolución del crédito bancario al sector privado con el objetivo de describir los ciclos de crédito e identificar, por ejemplo, las fases de crecimiento anormalmente bajo, como las que suelen asociarse con episodios de crisis...
Persistent link: https://www.econbiz.de/10012530337
A workshop on the "The Impact of the Crisis on SMEs" was held in the European Parliament in Brussels on 1 February 2010. This document contains the programme, presentations and proceedings of that workshop.
Persistent link: https://www.econbiz.de/10011715264
Overall, household debt levels have risen sharply over the past decades in EU Member States. While certain levels of household debts can be beneficial, they can become problematic especially with a sudden, unexpected decrease of incomes or increase of expenditures. The current financial crisis...
Persistent link: https://www.econbiz.de/10011903923
77 auction sites. Because of the company-wide implications of these analyses, the group will reprise its report at the …
Persistent link: https://www.econbiz.de/10009475804
This paper confronts the tractability problems that accompany IPV auction models with multi-unit bidder demands …
Persistent link: https://www.econbiz.de/10009458995
In an auction with a buy price, the seller provides bidders with an option to end the auction early by accepting a … transaction at a posted price. The "Buy-It-Now" option on eBay is a leading example of an auction with a buy price. This paper … develops a model of an auction with a buy price in which bidders use the auction's reserve price and buy price to formulate a …
Persistent link: https://www.econbiz.de/10009430058
This paper studies the evolutionary stability of the unique Nash equilibrium of a first price sealed bid auction. It is …
Persistent link: https://www.econbiz.de/10009452572
Classical auction theory relies heavily on the assumption of perfectly rational bidders that play according to their …
Persistent link: https://www.econbiz.de/10009428992
strategies beforehand. However, finding closed-form solutions to various sequential auction games is challenging. Current … optimal bids for players in different sequential auction games will be useful in solving these complex economic problems …
Persistent link: https://www.econbiz.de/10009431203