Showing 1 - 10 of 23
The bid and ask curves give the demand and supply prices as functions of the instantaneously traded volume. The aim of this paper is the definition, interpretation and intraday analysis of such bid-ask curves. We provide some illustrations from the Paris Bourse quote by quote data.
Persistent link: https://www.econbiz.de/10005641166
"Policy simulations for national economies with econometric models in general are done using a stand alone national model with exogenous export values and import prices. In a globalised world such an exercise is critical, since the policy in question may change the export prices and the import...
Persistent link: https://www.econbiz.de/10005537088
Policy simulations for national economies with econometric models, in general, are done using a standalone national model with exogenous export values and import prices. In a globalised world, such an exercise is critical, since the policy in question may change the export prices and the import...
Persistent link: https://www.econbiz.de/10005484949
Persistent link: https://www.econbiz.de/10005384169
The paper presents the multisector/multicountry energy–economic–environment model GINFORS, which has already been used as the simulation engine in the project MOSUS of the 5th EU framework programme. The detailed description of the model features the application ability for energy...
Persistent link: https://www.econbiz.de/10011130084
"Whilst in western Germany the number of employed is likely to increase by 1.2 to 1.3 million between 2000 and 2015, in other words there is light at the end of the tunnel, for eastern Germany there are no indications of a positive labour market development with dynamics of its own. On the...
Persistent link: https://www.econbiz.de/10010734184
Green growth is an environmental policy strategy that aims at an absolute decoupling between economic growth and resource consumption. As far as the applied policy measures focus on direct enhancements of economy-wide resource efficiency levels, their overall achievements might however be...
Persistent link: https://www.econbiz.de/10010848850
This paper reexamines the Equity Premium Puzzle for the German stock market with control for inflation and taxation. Two methods for relaxing the assumption of aggregate consumption being equal to aggregate dividends are compared: the leverage approach and the usage of a bivariate stochastic...
Persistent link: https://www.econbiz.de/10010958483
Persistent link: https://www.econbiz.de/10010575931
A first systematic, model-based analysis of the environmental fiscal reform in Germany indicates moderate but slightly positive effects on employment, energy consumption and CO2 emissions. Two macro-sectoral models - an econometric model and an empirical general equilibrium model - were applied;...
Persistent link: https://www.econbiz.de/10005068667