Search Results - subject:"buffer"

Precautionary Savings and Self-Selection - Evidence from the German Reunification 'Experiment'

Fuchs-Schündeln, Nicola; Schundeln, Matthias - 2005

We combine particular features of the German civil service with the unique event of German reunification to test the theory of precautionary savings and to quantify the importance of self-selection into occupations due to differences in risk aversion. In the presence of self-selection, failing...

Persistent link: https://www.econbiz.de/10014065470

Equilibrium Commodity Prices with Irreversible Investment and Non-Linear Technology

Casassus, Jaime - 2005

We model equilibrium spot and futures oil prices in a general equilibrium production economy. In our model production of the consumption good requires two inputs: the consumption good and a commodity, e.g., Oil. Oil is produced by wells whose flow rate is costly to adjust. Investment in new Oil...

Persistent link: https://www.econbiz.de/10012466807

Precautionary Savings and the Importance of Business Owners

Hurst, Erik - 2005

In this paper, we show the pivotal role business owners play in estimating the importance of the precautionary saving motive. Since business owners hold larger amounts of wealth than other households for non-precautionary reasons and also face highly volatile income, they induce a correlation...

Persistent link: https://www.econbiz.de/10012466941

Commodity Price Shocks and the Oddson Fiscal Performance

Kumah, Francis Y. - 2005

Unanticipated changes in commodity prices can generate significant movements in fiscal aggregates. This paper seeks to understand the dynamics of these fiscal movements in the context of transitory commodity price shocks using sample data from four CIS countries- two oil-producing and two...

Persistent link: https://www.econbiz.de/10014404226

Precautionary Saving and Health Risk : Evidence from Italian Households Using a Time Series of Cross Sections

Atella, Vincenzo; Rosati, Furio Camillo; Rossi, Maria … - 2005

In this paper we analyse the importance of precautionary saving in Italy. In contrast to previous studies, we focus on two contemporaneous sources of uncertainty, income and health expenditures, to explain the presence of precautionary saving. The major changes occurred in public health care...

Persistent link: https://www.econbiz.de/10014061178

Butter mountains, milk lakes and optimal price limiters

Corron, Ned; He, Xue-zhong; Westerhoff, Frank H. - 2005

Persistent link: https://www.econbiz.de/10002931174

Buffer-Stock-Komponenten in der Geldnachfrage von Deutschlands M3?

Bohl, Martin T. - In: Swiss journal of economics and statistics 135 (1999) 4, pp. 577-589

Persistent link: https://www.econbiz.de/10001434755

The empirical research of banks' capital buffer and risk adjustment decision making : Evidence from China's banks

Zheng, Changjun; Xu, Tinghua; Liang, Wanxia - In: China Finance Review International 2 (2012) 2, pp. 163-179

between short‐term capital buffer and portfolio risk adjustments. Findings – The authors' estimations show that the … more risk as a means to rebuild the buffer. Moreover, the authors' estimations show that the management of short …‐term adjustments in capital and risk is dependent on the size of the capital buffer. Research limitations/implications – From the …

Persistent link: https://www.econbiz.de/10014694472

The performance of combinatorial priority rules in a manufacturing flow shop

Chan, Felix T.S.; Chan, Hing Kai - In: European Journal of Industrial Engineering 6 (2012) 5, pp. 572-595

combinations of four commonly used priority rules, leading to 64 rule combinations, are analysed. Besides, variations in buffer …

Persistent link: https://www.econbiz.de/10010816987

A comprehensive review of solar facades. Opaque solar facades

Quesada, Guillermo; Rousse, Daniel; Dutil, Yvan; … - In: Renewable and Sustainable Energy Reviews 16 (2012) 5, pp. 2820-2832

In antiquity, people already knew the principles of solar architecture, designing their houses to the south to take advantage of the sun in all seasons. Today, solar architecture is undergoing a true revolution because of the development, among other things, of special facades involved in the...

Persistent link: https://www.econbiz.de/10011049154