How to avoid unnecessary fees withdrawing funds abroad
It has become increasingly easy to travel for pleasure and we need to travel more and more for work. Banks and other financial service providers have always been inventive to…
Crowdfunding – how does it work?
What is crowdfunding? Crowdfunding refers to using many individual people that generally invest small amounts of money into a business, cause or any type of project. The power of the…
Online brokers – explained in easy words
What is an online broker? Online brokers primarily allow private individuals to buy and sell stocks and other securities such as bonds and mutual funds. Sometimes online brokers are also…
Online Brokers in Germany
A variety of online brokers or discount brokers, as they are often referred to, operate on the German market. It is not easy to choose the best one and it…
Efficiency Wages – explained in simple words
The term efficiency wages describes a labor market theory that tries to explain the real-world observation of wage development. Although the economy fluctuates considerably over time, real wages…
Trade Union model of wage setting and unemployment – Explained in simple words
Similar to the efficiency wage theory, the trade union model illustrates why wages are not set in terms of a traditional supply-and-demand process. The trade union model explains…
What ist an EGARCH model?
Exponential General Autoregressive Conditional Heteroskedasticity-EGARCH What is an EGARCH model? EGARCH means Exponential General Autoregressive Conditional Heteroskedasticity and is an empirical approach mostly used in financial modeling. It is…
The trouble with trade deficits – explained in simple words
Generally, it is often assumed that a trade surplus is good for a country whereas a trade deficit is bad. This should be better put into context and sound something…
The No-Shirking model – Explained in simple words
The no-shirking model is a labor market theory that is part of the efficiency wage theory and tries to explain why wages are higher than a traditional supply-and…