Results 61 to 70 of about 33,816 (196)
Oil Futures Prices, Inflation Expectations, and Bond Risk Premiums
ABSTRACT By decomposing West Texas Intermediate futures price changes into structural supply and demand shocks, this paper shows that dissecting the oil price significantly improves inflation forecasts. Empirically, demand‐driven shocks predict a negative real bond risk premium but a positive inflation risk premium; these opposing effects result in an ...
Haibo Jiang
wiley +1 more source
On the Consequences of State Dependent Preferences for the Pricing of Financial Assets [PDF]
This paper introduces state dependent utility into the standard Mehra and Prescott (1985) economy by allowing the representative agent's coefficient of relative risk aversion to vary with the underlying economy's growth rate.
Christos Giannikos +3 more
core
Sustainable Work and Employment in Social Care: New Challenges, New Priorities
ABSTRACT Human Resource Management (HRM) research focused on social care is sparse. This gap is surprising given the scale of the social care workforce in many countries, its vital role in meeting the increasingly complex needs of vulnerable community groups, and the persistent challenges in recruiting and retaining staff.
Ian Kessler +4 more
wiley +1 more source
ABSTRACT Personal autonomous vehicles can sense their surrounding environment, plan their route, and drive with little or no involvement of human drivers. Despite the latest technological advancements and the hopeful announcements made by leading entrepreneurs, to date no personal vehicle is approved for road circulation in a “fully” or “semi ...
Xingshuai Dong +13 more
wiley +1 more source
Ambiguity Aversion, Portfolio Choice, and Life Expectancy
ABSTRACT This paper studies how wealth and aging affect portfolio choices in a life‐cycle model with ambiguity aversion. Ambiguity aversion implies wealthier and older agents are endogenously more optimistic about risky asset returns, relative to poorer/younger agents. As life expectancy grows, old agents become even more optimistic, while young agents
Alistair Macaulay, Chenchuan Shi
wiley +1 more source
Mergers and Attributions: An Examination of M&A Terminations in 1996–2022
Abstract Firms often make attributions regarding their actions in managing relationships with shareholders and investors. While research utilizing attribution theory has found that firms tend to attribute negative outcomes to external factors and positive outcomes to internal ones, this behaviour can have both positive and negative consequences ...
Zhe (Adele) Xing, Xiwei Yi
wiley +1 more source
Economic events and the volatility of government bill rates. [PDF]
Xiao C, Lou Y, Liu J, Zhao Y, Tian Y.
europepmc +1 more source
Stare down the barrel and center the crosshairs: Targeting the ex ante equity premium [PDF]
The equity premium of interest in theoretical models is the extra return investors anticipate when purchasing risky stock instead of risk-free debt.
Donaldson, Glen +2 more
core +1 more source
The Equity Premium Puzzle: A Review
Over two decades ago, Mehra and Prescott (1985) challenged the finance profession with a poser: the historical US equity premium is an order of magnitude greater than can be rationalized in the context of the standard neoclassical paradigm of financial economics.
openaire +1 more source

