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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
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
Green technological progress bears a strong potential to alleviate climate change, but its utilization is contingent on factors which are by nature impossible to anticipate or predict. Developing stochastic optimisation models, we explore how the decision to invest in research and development...
Persistent link: https://www.econbiz.de/10009466981
innovation and technological change when undertaking new product development. Focusing on the management of technology, it will … straightforward. Innovation is a complex process shaped not only by the firm's internal environment, but also by the interactions that … appreciate the value of these interactions in promoting innovation. However, for those involved in innovative new product …
Persistent link: https://www.econbiz.de/10009461251
its interaction with R&D investment at the firm level. We develop a model of endogenous growth with firm heterogeneity … substitutability between R&D and advertising at the firm level. Lower advertising costs are associated with lower R&D investment and …
Persistent link: https://www.econbiz.de/10012532161
ESMA provides further details on trade reporting in updated EMIR Q&AThe European Securities and Markets Authority (ESMA) has issued today updated Question & Answers (Q&As) on the implementation of the European Markets Infrastructure Regulation (EMIR). These updated Q&As clarify, among others,...
Persistent link: https://www.econbiz.de/10010335226
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Since the start of the financial crisis, various forms of securitization have been criticized for causing the problems experienced. The amount of Asset Backed Commercial Paper outstanding fell drastically in the middle of 2007 drawing our attention to this market. Our study focuses on the use of...
Persistent link: https://www.econbiz.de/10009438964