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  • Diskussionspapiere 978 / 2010

    Unemployment and Portfolio Choice: Does Persistence Matter?

    We use a life cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes, and Maenhout (2005). We extend it by unemployment risk using Markov chains to model the transition between different employment states. In contrast to most models in the ...

    2010| Vladimir Kuzin, Franziska Bremus
  • Refereed essays Web of Science

    Secondary Use of Personal Data: An Economic Analysis

    The European Commission is currently overhauling the most important instrument for the regulation of cross-border flows of personal data, the Data Protection Directive of 1995 (Directive 95/46/EC). Among the most tedious legal issues is the use of personal data for secondary purposes. Such use occurs if data collected for one purpose (such as credit granting) are later used for another purpose (e.g. ...

    In: European Journal of Law and Economics 44 (2017), 1, S. 165-192 | Nicola Jentzsch
312 results, from 311
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