Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk
ABSTRACT We set up a life cycle model with real interest rate risk to demonstrate that real interest rates have implications for optimal household consumption and investments. Lower interest rates lead to higher optimal stock investments and lower consumption.
Marcel Fischer, Natascha Jankowski
wiley +1 more source
Digital Leadership, Information Entropy, and Stock Price Volatility: Evidence from CEO Social Media Behavior. [PDF]
Zou Y, Tian J, Zhang Y, Shi G, Cai X.
europepmc +1 more source
Intangible Value Creation Through Teamwork
ABSTRACT Using a sample of US firms from 1993 to 2023, comprising 38,502 firm‐year observations, we find that collaboration culture positively correlates with intangible value creation. We identify corporate innovation and human capital as the mechanisms via which collaboration correlates with intangible value creation.
Sagarika Mishra +2 more
wiley +1 more source
Predictability of the psychological impact of the economic crisis on family functioning within the family context in Sri Lanka. [PDF]
Uditha S, Bulathwatta A.
europepmc +1 more source
Skew Premiums Around Earnings Announcements
ABSTRACT We examine skew premiums in equity options around earnings announcements. We use the realized returns to delta‐neutral risk reversal option spreads as a proxy for the skew premiums. We find skew premiums are economically significant around earnings announcements and are not explained by changes in variance risk premiums.
Thaddeus Neururer, George Papadakis
wiley +1 more source
Exposure to Left‐Tail Risk, Risk Appetite, and Mutual Fund Flows
ABSTRACT Using a measure of aggregate tail risk, we show that a fund's sensitivity (exposure) to tail risk negatively affects the fund flows and the fund's performance. Further, a fund's tail risk sensitivity relates positively to the left‐tail risk measures of the fund.
Ali K. Malik
wiley +1 more source
"Good and bad investments" in public health stocks amid the COVID-19 shock: evidence from a transformer-based model. [PDF]
Zhao D, Li Y, Gu R.
europepmc +1 more source
Miners' Reward Elasticity and Stability of Competing Proof‐of‐Work Cryptocurrencies
ABSTRACT Proof‐of‐Work cryptocurrencies employ miners to sustain the system through algorithmic reward adjustments. We develop a stochastic model of the multicurrency mining and identify conditions for stable transaction speeds. Bitcoin's algorithm requires hash supply elasticity <$<$1 for stability, while ASERT remains stable for any elasticity and ...
Kohei Kawaguchi +2 more
wiley +1 more source
The impact of sustainable development on the relevance of accounting information and financial activities: Evidence from Thailand. [PDF]
Moolkham M.
europepmc +1 more source
The gendered impact of time on inclusion in African organizations: A systematic literature review
Abstract Management and organization research has paid limited attention to how gender, time and organizational dynamics intersect, particularly in shaping gender equality and inclusion. The extant literature also remains largely western‐centric in its focus on the conceptualizations of time and gendered time use.
Hakeem Adeniyi Ajonbadi +4 more
wiley +1 more source

