Gegenstand dieses Beitrages ist die empirische Analyse des Anlageverhaltens der privaten Haushalte in der Bundesrepublik Deutschland mit Hilfe eines vollständigen Nachfragesystems. In Anlehnung an die Arbeit von Taylor und Clements [1983] wird dazu auf das von Deaton und Muellbauer [1980]...

The paper presents estimates of a dynamic demand system of the AIDS type for financial assets. The results suggest that dynamic behavior plays a major role in determining asset demand. Estimates on the basis of the equivalent static equilibrium models prove to be clearly inferior statistically....

The paper begins with a brief overview of the developments leading up to the MFA and the role played by the European Economic Community (EEC), the largest market in the world for textiles and clothing. Next, the EEC is used as a reference point for an overview of protectionistic measures taken...

The present Multi-Fibre Arrangement expires on July 31st. What are the arguments voiced by the proponents of a further extention? What would be the effects of a reduction in protectionism on the textile and clothing industries?