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Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013351930
changes in risk to fluctuations in aggregate consumption and (d) the significant impact of incomplete markets on aggregate …One of the basic motives for saving is the accumulation of wealth to insure future welfare. Both introspection and … extant research on consumption insurance find that people face substantial risks that they do not fairly pool. In theory, the …
Persistent link: https://www.econbiz.de/10005504693
characteristics of the loans reimbursement behavior in case of shocks on the labor, monetary, goods and services markets? The …
Persistent link: https://www.econbiz.de/10009416525
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the level and severity of poverty in developing countries. Householders use this money received from migrants for their … private consumption and their investments. This paper aims to analyse the impact of remittances on economic growth, private … consumption, private investments and the government tax revenue in low and upper middle-income countries. The paper highlights one …
Persistent link: https://www.econbiz.de/10011725121
El estallido de la burbuja residencial en los Estados Unidos, a principios del 2007, rápidamente afecto al sector financiero no bancario y a los nuevos instrumentos crediticios y de seguros que se habían desarrollado al margen de las regulaciones nacionales e internacionales. Su efecto se...
Persistent link: https://www.econbiz.de/10010961268
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the current predicament. -- financial crisis ; investment ; monetary and fiscal policies …
Persistent link: https://www.econbiz.de/10009501890
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Persistent link: https://www.econbiz.de/10000801447