Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice
ABSTRACT We study aversion to model ambiguity and misspecification in dynamic portfolio choice. Risk‐averse investors (relative risk aversion γ>1$\gamma > 1$) fear return persistence, while risk‐tolerant investors (0<γ<1$0<\gamma <1$) fear mean reversion, when confronting model misspecification concerns of identically and independently distributed (IID)
PASCAL J. MAENHOUT +2 more
wiley +1 more source
From agnosis to accidental activism: Infinite regress and the Post Office Scandal
Abstract This paper explores the lived experiences of victims/survivors affected by the UK Post Office Scandal, drawing on 28 in‐depth interviews and critical legal analysis. It uses the concept of ‘accidental activism’ to explore how victims, initially isolated and disempowered, became central agents of justice reform.
SALLY DAY +3 more
wiley +1 more source
Occupational and psychosocial risk factors for depression among uninsured middle-aged food delivery riders. [PDF]
Long H, Yang Y, Chen L, Luo S, Lai H.
europepmc +1 more source
Guaranteed Basic Income from the Perspective of Self‐Determination Theory
Abstract In capitalistic societies the concepts of income and labour are inseparable, and as such, providing all citizens with an unconditional living wage is a contentious issue. Capitalist ideals that emphasize individual effort, competition, and financial prosperity have spurred tremendous economic growth but underestimate human motivation and have ...
Joshua L. Howard
wiley +1 more source
Perceived algorithmic control and gig workers' work engagement: assessing the mediating role of psychological empowerment and the moderating effect of deep acting. [PDF]
Lin Q, Sun R, Zhu Q.
europepmc +1 more source
Kant on Bullshit Jobs—Mere Means and True Means
ABSTRACT Following David Graeber's Bullshit Jobs, there has recently been academic and public discussion about useless work. Immanuel Kant maintains that we ought to be means for others and that there is a duty to be useful. Graeber and Kant are both concerned with a form of harm often overlooked in contemporary ethics and political philosophy, namely,
Martin Sticker
wiley +1 more source
Editorial: Navigating the psychological landscape of remote work: understanding, resilience, and well-being, volume II. [PDF]
Garg N, Van Der Walt F, Burgess J.
europepmc +1 more source
Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes
ABSTRACT This paper investigates the implications of output gap uncertainty for the conduct of fiscal policy using a small‐scale macroeconomic model with boundedly rational agents. Specifically, agents use an adaptive updating mechanism to approximate the unobservable potential output that suffers, similarly to the Hodrick and Prescott (1997) filter ...
Christian R. Proaño, Jonas Dix
wiley +1 more source
Pseudo, or Not? Neo‐Goodwinian Growth Cycles With Financial Linkages
ABSTRACT A profit‐led Goodwin mechanism generates the observed counterclockwise activity–labor share cycle. Introducing a financial linkage can reproduce this pattern even when demand is not profit‐led. This paper extends neo‐Goodwinian theory by incorporating the valuation ratio into a four‐dimensional model.
Rudiger von Arnim, Luis Felipe Eick
wiley +1 more source

