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This study aims to examine the determinants of the MIR interest rate in the Euro area for the period 2003Q1-2015Q3. By employing Fixed and Random Effects as econometric methodologies, I examine whether the MIR rate is affected by the following macroeconomic factors: unemployment rate, inflation...
Persistent link: https://www.econbiz.de/10014558537
The interest rate is generally considered as an important driver of macroeconomic investment characterised by a … innovation we derive the exact shape of the "hysteretic" impact of rate changes on macroeconomic investment under different sorts … to stimulate investment in times of low or even zero interest rates and uncertainty. …
Persistent link: https://www.econbiz.de/10014523877
This contribution discusses the book Saving and Investment in the Twenty-First Century: The Great Divergence by . It … private saving over private investment at full employment, and an excess of the private desire to hold net financial assets …
Persistent link: https://www.econbiz.de/10014363426
Background: Saving and investment are two of the most important tools for economic growth. The interest rate has always … been considered an important determinant of saving and investment. However, according to Islamic teachings, riba or earning … interest on saving or investment is forbidden, and thus, many Muslims try to avoid earning income from the interest rate …
Persistent link: https://www.econbiz.de/10011808216
Economic activity in the Euro Area is gradually gaining grip in 2015. Sentiment indicators suggest that the current - rather moderate - recovery will prevail over the second half of the year. The upswing is expected to broaden and to be increasingly driven by domestic forces. It is supported by...
Persistent link: https://www.econbiz.de/10012143281
fiskalische Lage einzelner Länder deren Zins in die Höhe treibt, oder ob die Finanzmärkte das Kreditrisiko zunehmend stärker …
Persistent link: https://www.econbiz.de/10011602283
The role of the European Union (EU) in direct investment into the real sector of the Ukrainian economy is discussed in … direct investment from the EU to the real sector of the Ukrainian economy is provided. The correlation between the influence …
Persistent link: https://www.econbiz.de/10013474136
This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 euro area (EA) countries. Using a class of nonlinear smooth transition models, the author tests for asymmetry with respect to the direction and the magnitude of exchange rate...
Persistent link: https://www.econbiz.de/10010310642
Persistent link: https://www.econbiz.de/10011696292
formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …
Persistent link: https://www.econbiz.de/10011551998