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The capacity of input-output tables to reflect the structural peculiarities of an economy and to forecast, on this basis, its evolution, depends essentially on the characteristics of the matrix A matrix of I-O (or technical) coefficients. However, the temporal behaviour of these coefficients is...
Persistent link: https://www.econbiz.de/10011551997
Many economic models (e.g., computable general equilibrium models, econometric input-output models) revolve around a matrix of technical coefficients. However, these matrices can be estimated only once every 5 years as long as they are calculated from input-output tables and these are only...
Persistent link: https://www.econbiz.de/10011552000
In this paper, we discussed the Statistical modeling of the original data series and the residuals series. Residual series has been use for the forecasting the shock occurring in the economic data series. Objective and Subjective technique has been used for the modeling.
Persistent link: https://www.econbiz.de/10011938290
In Germany and many other countries, financial advisors are required by law to assess their clients' risk preferences in order to help them make informed and appropriate investment decisions. Most institutions that provide financial advice-banks, for instance-carry out this assessment using just...
Persistent link: https://www.econbiz.de/10011562017
In vielen Ländern der Welt, Deutschland eingeschlossen, sind Finanzberater (hier Personen, die Privatanleger bei Finanzanlagen beraten) heutzutage gesetzlich verpflichtet, die Risikoeinstellung ihrer Kunden zu erfassen, um ihnen dabei zu helfen, die passendste Anlageentscheidung zu treffen. Die...
Persistent link: https://www.econbiz.de/10011562029
Fatalities from illegal immigration from Africa to Europe are a grave reality. The phenomenon represents a major challenge for both home and host countries. Nonetheless, almost nothing is known about how the motivations of potentially illegally migrating individuals are formed. This paper aims...
Persistent link: https://www.econbiz.de/10011586025
Persistent link: https://www.econbiz.de/10013185555
Our understanding of risk preferences can be sharpened by considering their evolutionary basis. The existing literature has focused on two sources of risk: idiosyncratic risk and aggregate risk. We introduce a new source of risk, heritable risk, in which there is a positive correlation between...
Persistent link: https://www.econbiz.de/10013189056
When a firm finances a new project by issuing debt, it has an incentive to invest in excessively high-risk projects because shareholders enjoy all the benefits in case the project is successful but have limited liability when it fails. Anticipating such behavior, creditors may require a higher...
Persistent link: https://www.econbiz.de/10013200181
As a novel contribution, this paper explores the possible association between individual risk attitudes and consumer fruit and vegetable (FV) intake. Inspired by the literature, the study also investigates the relationship between FV consumption frequency and health consciousness, perceived...
Persistent link: https://www.econbiz.de/10012613893