What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans
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This paper inspects the 'deep' habits mechanism originally used by Ravn, Schmitt-Grohé and Uribe (2006) to generate the positive comovement of public and private consumption observed in many VAR studies. In their set-up, the price-elasticity of demand is p ...
Ghent University Faculty of Economics and Business Administration Working Paper 2010/6412011
The Swiss Federal Office of Energy has published directives in order to limit the increase of electrical energy consumption to a maximum of 5% in 2010 in comparison with 2000. To reach this goal, clear measures have to be taken regarding the installation a ...
We study battery filling policies with hard deadlines when the supply of energy can be modulated. This occurs for example with an electric plug-in vehicle using an adjustable electricity service for charging; such a service is offered in some countries as ...
We prove that for any incomplete market and any concave utility function the marginal propensities to consume and to save are always positive. Furthermore, we intro- duce a class of incomplete markets that includes almost all well known examples of market ...
We study battery filling policies with hard deadlines when the supply of energy can be modulated. This occurs for example with an electric plug-in vehicle using an adjustable electricity service for charging; such a service is offered in some countries as ...
Institute of Electrical and Electronics Engineers2015
The objective of this research is to compare the energy consumption of seven recently built residential neighborhoods in the urban region of Neuchâtel, Switzerland, in order to identify the influence of centrality on total energy spending. Primary energy i ...
Areas/Paper type – 08. Integration of renewable energy in the built environment, Methodology Background – Today’s simulation technology in engineering and architecture are very impressive. As a result technology developers have a good idea of the resulting ...
Corporate venture capital (CVC) programs have followed a strongly cyclical pattern in response to the ebbs and flows of the private and public equity markets. However, the role of these programs inside the firm has received far less study. What role do cor ...
We empirically show that the austerity packages implemented in some euro area countries during 2010–2014 were only partially successful in generating internal devaluations. Countries that cut spending indeed experienced a decline in nominal wages, a real e ...
