Similar Search Results

Household Risk Management and Actual Mortgage Choice in the Euro Area

Ehrmann, Michael - 2014

-country study has analyzed what determines household demand for mortgage types, a task that this paper takes up using new data for …

Persistent link: https://www.econbiz.de/10013060536

Time-dependent versus state-dependent pricing: a panel data approach to the determinants of Belgian consumer price changes

Aucremanne, Luc; Dhyne, Emmanuel - 2005

Using Logistic Normal regressions, we model the price-setting behaviour for a large sample of Belgian consumer prices over the January 1989 - January 2001 period. Our results indicate that time-dependent features are very important, particularly an infinite mixture of Calvo pricing rules and...

Persistent link: https://www.econbiz.de/10011604508

Leading Indicators of Systemic Banking Crises : Finland in a Panel of EU Countries

Lainà, Patrizio - 2015

This paper investigates leading indicators of systemic banking crises in a panel of 11 EU countries, with a particular focus on Finland. We use quarterly data from 1980Q1 to 2013Q2, in order to create a large number of macro-financial indicators, as well as their various transformations. We make...

Persistent link: https://www.econbiz.de/10013030867

Logit Price Dynamics

Costain, James - 2014

We model retail price stickiness as the result of errors due to costly decision-making. Under our assumed cost function for the precision of choice, the timing of price adjustments and the prices firms set are both logit random variables. Errors in the prices firms set help explain micro...

Persistent link: https://www.econbiz.de/10013052939

Is China Climbing Up the Quality Ladder? Estimating Cross Country Differences in Product Quality Using Eurostat's COMEXT Trade Database

Pula, Gábor - 2011

. We derive the quality of Chinese exports to the European Union by estimating disaggregated demand functions from a …

Persistent link: https://www.econbiz.de/10013129033

Random Forest Versus Logit Models : Which Offers Better Early Warning of Fiscal Stress?

Jarmulska, Barbara - 2020

This study seeks to answer whether it is possible to design an early warning system framework that can signal the risk of fiscal stress in the near future, and what shape such a system should take. To do so, multiple models based on econometric logit and the random forest models are designed and...

Persistent link: https://www.econbiz.de/10012834090

Central Clearing and Collateral Demand

Duffie, Darrell - 2014

demand of new margin and clearing practices and regulations. We decompose collateral demand for both customers and dealers … impact on collateral demand of more widespread initial margin requirements, increased novation of CDS to central clearing …-specialized types, and client clearing. Among other results, we show that system-wide collateral demand is increased significantly by …

Persistent link: https://www.econbiz.de/10013059582

Active labour market policies and short-time work arrangements: Evidence from a survey of Luxembourg firms

Efstathiou, Konstantinos; Mathä, Thomas Y.; Veiga, Cindy; … - 2017

recourse to ALMPs is greater for large, domestically oriented, multiple establishment firms, firms facing strong demand, with … likelihood of applying for STWAs increases with demand volatility, the share of workers with permanent contracts, export …

Persistent link: https://www.econbiz.de/10011804398

Short-time work in the great recession: Firm-level evidence from 20 EU countries

Lydon, Reamonn; Mathä, Thomas; Millard, Stephen Patrick - 2018

short-time work (STW). We show that firms are more likely to use STW in case of negative demand shocks. We show that STW …

Persistent link: https://www.econbiz.de/10012142056

Effects of labour and product market regulation on worker flows: Evidence for the euro area using micro data

Anderton, Bob; Di Lupidio, Benedetta - 2019

Macroeconomic studies suggest that employment-output elasticities in the euro area increased during the recovery from the crisis, especially in those countries that implemented reforms. In this paper, we use micro (individual-level) data from the Eurostat Labour Force Survey to investigate...

Persistent link: https://www.econbiz.de/10012142156