Boom-Bust Cycles Constrain Host-Parasite Dynamics, Suppress Parasite Spread, and Drive Parasites Extinct. [PDF]
Am NatBubrig LT, Gibson AK.
europepmc +1 more source
When in Doubt, Tax More Progressively? Uncertainty and Progressive Income Taxation
International Economic Review, EarlyView.ABSTRACT We study the optimal income tax problem under parameter uncertainty about household preferences and wage dynamics. We derive conditions characterizing how such uncertainty affects optimal tax policy. To quantify the effect, we estimate a life‐cycle model using US data and a Bayesian approach.
Minsu Chang, Chunzan Wu
wiley +1 more source
A Variational Formulation for Irreversible Thermodynamics with Path Dependence. [PDF]
Entropy (Basel)Ren H.
europepmc +1 more source
Dynamics of High‐Growth Young Firms and the Role of Venture Capitalists
International Economic Review, EarlyView.ABSTRACT Motivated by the substantial growth and upfront investments of venture capital (VC)‐backed firms observed in administrative US Census data, this study develops a life‐cycle firm dynamics model. In the model, startups choose the source of financing from VC, angel investors, or banks, depending on their growth potential, and invest in innovation.
Yoshiki Ando
wiley +1 more source
Trait-based island biogeography as a tool for studying future ecological communities. [PDF]
New PhytolSchrader J.
europepmc +1 more source
Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline
International Economic Review, EarlyView.ABSTRACT Flexible repayment benefits borrowers, but practitioners fear increased moral hazard. Investigating their concerns requires disentangling repayment choices from repayment capacity, which is typically infeasible in field studies. We use a lab‐in‐the‐field experiment with 645 microcredit borrowers to cleanly identify the effect of repayment ...
Kristina Czura, Anett John, Lisa Spantig
wiley +1 more source
Analysis of Price Dynamic Competition and Stability in Cross-Border E-Commerce Supply Chain Channels Empowered by Blockchain Technology. [PDF]
Entropy (Basel)Wang LB, Chai J, Wen LY.
europepmc +1 more source
Pairwise Imitation and Tournament Graphs
International Economic Review, EarlyView.ABSTRACT This paper investigates strategic dynamics under the behavioral rule of pairwise interact and imitate (PII), which requires minimal information and emphasizes outperforming opponents in pairwise interactions. We characterize PII using weak tournament graphs and, for a broad class of dynamics, establish a one‐shot stability result for ...
Sung‐Ha Hwang +3 more
wiley +1 more source
The configurational length scale in the self-assembly and modulation of higher-order transient protein structures. [PDF]
Proc Natl Acad Sci U S AHaselwandter CA, MacKinnon R.
europepmc +1 more source
College Financial Aid Application Frictions
International Economic Review, EarlyView.ABSTRACT We document that 11 percent of recent U.S. high school graduates did not apply for federal student aid due to difficulty in applying, mistaken beliefs, or lack of awareness. Not applying due to such application frictions negatively predicts college enrollment after controlling for other attributes.
Emily G. Moschini +1 more
wiley +1 more source