Search Results - subject_exact:"Realkasseneffekt"

The wealth effects of the abuse of dominance enforcement

Ocepek, France - 2026

The article investigates the welfare impacts of abuse of dominance enforcement proxied by the stock price evaluations. The European Commission reformed the competition policy at the turn of the new century; however, the reform efforts were more reserved and cautious regarding Article 102 TFEU...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015654684

Wealth effects when the cost of effort is money

Jung, Jin Yong - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015325851

House prices, fertility rates, and homeownership : evidence from the UK

Houillon, Harry; Liu, Natalie Xiaoqi; Bao, Helen X. H. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015562241

Wealth effect of asset securitization in real estate and infrastructure sectors : evidence from China

Kong, Wenkai; Huang, Juanjuan - 2025

We investigate the wealth effect of asset securitization in real estate and infrastructure sectors on issuing firms, based on data from 859 listed companies in China, the world's largest developing country. The data come from a manual match to securitization issuance records, spanning from 2014...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015596361

How do interest rates affect consumption? : household debt and the role of asset prices

Foulis, Angus; Hazell, Jonathon; Mian, Atif; Tracey, Belinda - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015606982

On Professor Patinkin's Money, Interest, and Prices

Spaventa, Luigi - 2025

The purpose of this essay is to point out two errors which exist in Patinkin's Money, Interest and Prices. The aim is to show that the rehabilitation of the neoclassical theory of money and interest is not convincing. I shall try to show that Patinkin's refined version of the quantity theory...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015553721

The gold channel : how regional gold saving behavior shapes house price dynamics in Türkiye

Çolak, Mehmet Selman; Şamcı, Mehmet Emre - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015624567

The life-cycle effects of pension reforms : a structural approach

Daminato, Claudio; Padula, Mario - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014527002

Real estate wealth is not a monolith : non-primary real estate and its role in wealth concentration

Valetto, Pietro; Filauro, Stefano; Marx, Ive; Gornick, … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060382

More is less? : wealth effects of Italian stocks to the increase in allowed voting rights

Fiesenig, Bruno; Schiereck, Dirk - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014530980

Incentive effects of disability benefits

Gehlen, Annica; Becker, Sebastian; Geyer, Johannes; … - 2025

We provide novel evidence on the trade-off between insurance and incentives when adjusting disability insurance (DI) benefit generosity using a comprehensive measure that encompasses not only the effect on take-up but also behavioral responses of DI recipients with respect to employment and exit...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015655404

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Incentive effects of disability benefits

Gehlen, Annica; Becker, Sebastian; Geyer, Johannes; … - 2025

Book / Working Paper

Interest rate liberalization and household investment in China

Lan, Jiajun; Peng, Zhiyu; Pan, Yinghao; Liu, Yihan - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015211204

Consumption insurance, earnings risk and illiquid housing wealth

Campanale, Claudio; Franjo, Luis - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015339159

Housing price, family structures and household consumption : empirical evidence of Taiwan

Hung, Chih-Hsing; Chen, Yen-Hung; Cheng, Chung-Chieh; … - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015436599

The wealth effect of the US net zero announcement

Rajabi, Mona Mashhadi; Linnenluecke, Martina; Smith, Tom - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015534420

Housing wealth effects in China

Mojon, Benoît; Qiu, Han; Wang, Fang; Weber, Michael - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015611980

Public debt, iMPCs & fiscal policy transmission

Grancini, Stefano - 2025

This paper investigates the relationship between public debt and the effectiveness of fiscal policy, presenting evidence of an inverse relationship between government debt and fiscal multipliers. To explain the results, I develop and calibrate a HANK model tailored to the U.S. economy. The model...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015552249

The impact of unanticipated wealth effects on consumption : evidence from Spanish panel data

Cutanda Tarin, Antonio; Sanchis Llopis, Juan Alberto - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014490816

What is my home worth?

Amornsiripanitch, Natee; Wylie, David - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015558133

Quantitative easing and wealth inequality : the asset price channel

De Luigi, Clara; Feldkircher, Martin; Poyntner, Philipp; … - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014304463

Benign granularity in asset markets

Glebkin, Sergei; Malamud, Semyon; Teguia, Alberto - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015397706

The effect of small-scale changes in wealth on risk attitudes : an experimental study

Almeida, Sergio - 2023

Purpose This study aims to examine the effects of prior small-scale changes to wealth on subsequent risky choices. Design/methodology/approach The paper opted for a laboratory experiment in which subjects perform two sequences of risky tasks. In between these two sets, the author transfers money...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014418163

Monetary policy wealth effects : evidence from the 2015 Swiss Franc shock

Brown, Martin; Hoechle, Daniel; Perez, Alejandra; … - 2025 - This version: November 2025

This paper studies the transmission of monetary policy to household consumption through wealth effects in a small open economy. As a natural experiment, we exploit the 2015 Swiss franc shock, triggered by the Swiss National Bank's unexpected removal of the euro exchange rate floor. Using...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015533194

Asymmetric wealth effect between US stock markets and US housing market and European stock markets : evidences from TAR and MTAR

Coelho, Pedro Pacheco; Gomes, Luís; Ramos, Patrícia - 2023

Evidence of the asymmetric wealth effect has important implications for investors and continues to merit research attention, not least because much of the evidence based on linear models has been refuted. Indeed, stock and house prices are influenced by economic activity and react non-linearly...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014340266

How long do wealth shocks persist? : less than three generations in England, 1700-2025

Clark, Gregory; Cummins, Neil - 2025

What happens across generations to random wealth shocks? Do they endure and even magnify, or do they dissipate? By implication, how much of modern wealth is attributable to events before 1900? This paper uses random shocks to family size in England before 1880, that created wealth shocks for the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015533410

News-driven housing booms : Spain versus Germany

Guinea, Laurentiu; Puch, Luis; Ruíz, Jesús - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013555751

Income effects of disability benefits

Becker, Sebastian; Gehlen, Annica; Geyer, Johannes; … - 2024

We provide novel evidence about the incentive and welfare effects of an increase in the generosity of disability benefits. Importantly, a unique policy variation in Germany allows us to isolate the income effect of a change in benefit generosity. We leverage this quasi-experimental policy...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015074619

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Income effects of disability benefits

Becker, Sebastian; Gehlen, Annica; Geyer, Johannes; … - 2024

Book / Working Paper

Income effects of disability benefits

Becker, Sebastian; Gehlen, Annica; Geyer, Johannes; … - 2024

Book / Working Paper

Income effects of disability benefits

Becker, Sebastian; Gehlen, Annica; Geyer, Johannes; … - 2024

Book / Working Paper

Directors and officers liability insurance and the wealth effect of M&A announcements

Thi Bao Ngoc Nguyen; Lin, Li-Feng; Chin, Li-Cheng; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015330632

MPCs of ABCs : the housing wealth effect for affluent boomers with credit

Bose, Niloy; Murshid, Antu Panini - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015472486

Asset price shocks and inflation in the Finnish economy

Koivisto, Tero - 2024

This study aims to explore the extent to which changes in wealth contributes to inflation utilizing a highly flexible non-Gaussian SVAR framework which minimizes the risk of distributional misspecification. We employ narrative sign restrictions to label the asset price shock and leverage the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014573996

Chile

Avdis, Efstathios; Glebkin, Sergei - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015075470

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CHILE

Avdis, Efstathios; Glebkin, Sergei - 2024 - Revised version of 2023/71/FIN

Edition: Revised version of 2023/71/FIN

Book / Working Paper

Chile

Avdis, Efstathios; Glebkin, Sergei - 2023

Book / Working Paper

Stock prices and monetary policy : analysis of a Bayesian DSGE model

Hoshino, Satoshi; Ida, Daisuke - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015440328

Public education and intergenerational housing wealth effects

Gilraine, Michael; Graham, James; Zheng, Angela - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015084170

Housing booms and shirking

Gu, Quanlin; He, Jia; Qian, Wenlan; Ren, Yuan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015561531

Monetary policy and wealth effects : the role of risk and heterogeneity

Caramp, Nicolas; Silva, Dejanir H. - 2024

We study the role of asset revaluation in the monetary transmission mechanism. We build an analytical heterogeneous-agents model with two main ingredients: i) rare disasters; ii) heterogeneous beliefs. The model captures time-varying risk premia and precautionary savings in a setting that nests...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014514921

Do FinTech platforms amplify the wealth effect?

Zheng, Kaixin - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015605793

The housing channel of intergenerational wealth persistence

Wold, Ella Getz; Aastveit, Knut Are; Brandsaas, Eirik … - 2024

We use Norwegian tax data and a life-cycle model with housing to study how wealth transmits across generations through the housing market. After controlling for a rich set of attributes, households with richer parents are nearly 15% more likely to be homeowners at age 30. Moreover, when...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015141892

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The housing channel of intergenerational wealth persistence

Wold, Ella Getz; Aastveit, Knut Are; Brandsaas, Eirik … - 2024

Book / Working Paper

The housing channel of intergenerational wealth persistence

Wold, Ella Getz; Aastveit, Knut Are; Brandsaas, Eirik … - 2024

Book / Working Paper

Shareholders' wealth dynamics : study of M&A announcements and target and acquirer financial performance in the Indian corporate landscape

Prasad, Akhilesh; Bakhshi, Priti - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015574905

A short defense of immoderate wealth

Narveson, Jan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015665378

Aktuelle Trends und Herausforderungen für die Verteilungspolitik : IW-Verteilungsreport 2024

Niehues, Judith; Stockhausen, Maximilian - 2024 - Stand: Dezember 2024

Die Coronapandemie, die Energiepreisekrise und die damit einhergehenden hohen Inflationsraten haben ihre Spuren hinterlassen. Die bis zu Beginn des Jahres 2023 sinkenden Reallöhne haben einen Teil der Reallohnzuwächse der Vorjahre aufgezehrt: Im Jahresdurchschnitt 2023 lag der Reallohnindex...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015159421

Monetary policy transmission over house price cycles

Lee, Seungyoon - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015672478

Households' response to the wealth effects of inflation

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2024

We study the redistributive effects of surprise inflation combining administrative bank data with an information provision experiment during an episode of historic inflation. On average, households are well-informed about prevailing inflation and are concerned about its impact on their wealth;...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014490357

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Households' response to the wealth effects of inflation

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2024

Book / Working Paper

Households' response to the wealth effects of inflation

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2023

Book / Working Paper

Households' response to the wealth effects of inflation

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2023

Book / Working Paper

Households' response to the wealth effects of inflation

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2023

Book / Working Paper

Households' Response to the Wealth Effects of Inflation

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2023

Book / Working Paper

The impact of housing wealth on household financial investment

Li, Chuyan; Liang, Yinhe; Qin, Fan - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015472982

Credit constraints and the redistribution of housing wealth

Tracey, Belinda; Horen, Neeltje van - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015588349

The wealth effect of corporate water actions : how past corporate responsibility and irresponsibility influence stock market reactions

Afrin, Rafia; Peng, Ni; Bowen, Frances - 2022

Ensuring access to clean water is one of the most important development and health challenges of the twenty-first century. Given the manifold impacts of business activities on water resources, corporate water actions should be of central concern to business ethics researchers. Yet so far we know...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013440624

CEO Underperformance, Risk-Taking, And Shareholder Wealth Effects of Mergers and Acquisitions

Nie, Wei-Ying; Yen, Kuang-Chieh - 2023

This study explores the behavior of underperforming chief executive officers (CEOs) on merger frequency and the effect on acquirers’ shareholder wealth of merger bids in U.S. industrial firms from 1994 to 2018. We find that underperforming CEOs are more likely to make acquisitions, especially...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014256726

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CEO Underperformance, Risk-Taking, and Shareholder Wealth Effects of Mergers and Acquisitions

Nie, Wei-Ying; Yen, Kuang-Chieh - 2023

Book / Working Paper

Feeling Rich, Feeling Poor: Housing Wealth Effects and Consumption in Europe

Cevik, Serhan - 2023

Households across Europe are struggling with a double crisis-the worst inflation shock since the World War II and a sudden correction in house prices. There is a rich literature on how housing price cycles affect consumer spending, finding mixed results with a wide range of consumption responses...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015058864