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A regular phenomenon of the behavioral equilibrium exchange rate (BEER) model is analyzed. The result derived by the model is proved to contradict the economic fact and that by the Balassa-Samuelson model. The BEER model cannot be used, therefore, to calculate equilibrium exchange rate.
Persistent link: https://www.econbiz.de/10010568492
In this paper we empirically analyse the factors which determined consumer credit in Greece in the period before and after the financial liberalisation, while accounting for significant changes in structure due to the lifting of credit restrictions and the subsequent impressive boom of consumer...
Persistent link: https://www.econbiz.de/10010568852
The paper analyses the food and water consumption, excessive consumption, consumption taxes like fat tax and brings out the business behaviour of tickling food consumption. In addition to taxing and regulating the excessive consumption & the tickling behaviour, it explores the preventive best...
Persistent link: https://www.econbiz.de/10010569755
Persistent link: https://www.econbiz.de/10010004621