Suchergebnisse

Added t.-p.: Ueber die natur und die ursachen des ȯffentlichen credits, staatsanlehen, die tilgung der ȯffentlichen schulden, den handel mit staatspapieren und die wechselwirkung zwischen den creditoperationen der staaten und dem ȯkonomischen und politischen zustande der lȧnder. ; Mode of access: Internet.

In this chapter, author Paul Spicker interrogates the government's introduction of Universal Credit, a controversial scheme designed to unify various means-tested benefits for people of working age. The scheme brings together six existing benefits: income-related Jobseeker's Allowance and Employment and Support Allowance, Working Tax Credit and Child Tax Credit, Housing Benefit and Income Support. Spicker argues that analysts of Universal Credit must drill down to the detail of the scheme and the benefits that it covers. He sees defects in 'the concept and design' of the Universal Credit agenda, as there were in previous grand schemes in social policy history. He also sees potential for the benefit system to break down if it cannot prove to be practically viable. Governments, Spicker contends, cannot easily meet the multiple objectives that must be typically met in 'simple' and 'unified' benefit programmes.

In this paper we use a disequilibrium framework common in the "credit crunch" literature, first to examine whether the slow credit growth in Morocco during the rapid expansion of liquidity in the first half of the decade can be attributed to credit rationing, and second to investigate the role of asset price increases in the recent acceleration of credit growth. Our results do not support the credit rationing hypothesis in the first half of the decade. They do however, show that the recent increase in real estate prices stimulated credit supply and demand, with a stronger effect on the latter

The consumer credit market -- Credit risk -- Incremental loan profitability -- The fundamentals of price response -- Estimating price response -- Pricing segmentation -- Optimizing prices -- Behavioral economics and credit pricing