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We present an analysis of the sensitivity of household mortgage probabilities of default (PDs) and loss given default (LGDs) on unemployment rates, house price growth, interest rates, and other drivers. A structural micro-macro simulation model is used to that end. It is anchored in the balance...
Persistent link: https://www.econbiz.de/10015060521
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Contents: Part I: Financing economic and social cohesion -- 1. Funding European solidarity / Ewald Nowotny, Doris Ritzberger-Grünwald, Helene Schuberth -- 2. The role of the European Union in fostering convergence / Benoît Cœuré -- Part II: The role of monetary policy in catching-up -- 3....
Persistent link: https://www.econbiz.de/10012251851
This is a practical guide to solutions for forecasting demand for services and products in international markets - and much more than just a listing of dry theoretical methods. Leading experts present studies on improving methods for forecasting numbers of incoming patent filings at the European...
Persistent link: https://www.econbiz.de/10013520570
, lecturers and researchers of Saarland University's Europa-Institut present the latest findings and trends of their most … Management Competence and Director of the Europa-Institut at Saarland University, Germany. Univ.-Professor Dr. Joachim Zentes …, Germany. He is Director of the Institute for Commerce International Marketing and Director of the Europa-Institut at Saarland …
Persistent link: https://www.econbiz.de/10013520784
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To explain the importance of scientific research and technological innovation for industrial countries and in particular for the EU, in order to improve or to maintain economic leadership, is the central idea of this volume. It starts with a historical and theoretical perspective on...
Persistent link: https://www.econbiz.de/10014014163
The European continent is warming at more than twice the global average. The human and economic costs of higher temperature and more frequent and extreme natural disasters-already substantial in Europe-are expected to increase further unless suitable adaptation strategies are implemented. This...
Persistent link: https://www.econbiz.de/10015058381
Following the 2022 energy crisis, this paper investigates whether Europe's ongoing efforts to cut greenhouse gas emissions can also enhance its energy security. The global computational general equilibrium model analysis finds that individual policy tools, including carbon pricing, energy...
Persistent link: https://www.econbiz.de/10015058670
Three years after the COVID-19 crisis, employment and total hours worked in Europe fully recovered, but average hours per worker did not. We analyze the decline in average hours worked across European countries and find that (i) it is not cyclical but predominantly structural, extending a...
Persistent link: https://www.econbiz.de/10015058846