Results 141 to 150 of about 14,444 (299)
Rising indebtedness and hyperbolic discounting: a welfare analysis [PDF]
Is the observed rapid increase in consumer debt over the last three decades good news for consumers? This paper quantitatively studies macroeconomic and welfare implications of relaxing borrowing constraints when consumers exhibit a hyperbolic ...
Makoto Nakajima
core
Monetary Policy Shocks and Exchange Rate Dynamics in Small Open Economies
ABSTRACT This paper investigates whether the effects of monetary policy shocks on real exchange rates have changed over time and, if so, whether these changes stem from shifts in transmission mechanisms or from variation in the volatility of the shocks themselves.
Madison Terrell +3 more
wiley +1 more source
Abstract Consumer impatience has long been examined through the lens of intertemporal choice, where patience is inferred from decisions to accept delayed rewards. Yet, this conceptualization captures only the choice to wait, not the experience of waiting.
Selin A. Malkoc
wiley +1 more source
Interpreting Time Horizon Effects in Inter-Temporal Choice [PDF]
We compare different designs that have been used to test for an impact of time horizon on discounting, using real incentives and two representative data sets.
Armin Falk +3 more
core
Abstract Background Routine in‐hospital screening of social risk factors linked with poor health outcomes is not done in Singapore, where an aging population pays for 25% healthcare costs out‐of‐pocket despite universal coverage. Objective We developed and implemented a social risk screening tool for hospitalised patients and reported the association ...
Orlanda Q. M. Goh +10 more
wiley +1 more source
Behavioral Macroeconomics and the New Keynesian Model [PDF]
The contribution of this paper is twofold. First, a thorough presentation of the state of the art of the New Keynesian Macroeconomic model is provided.
Jan-Oliver Menz
core
Last‐minute coordination: Adapting to demand to support last‐mile operations
Abstract In the highly competitive e‐commerce industry, customer‐facing warehouses are crucial as the “order penetration points” for e‐commerce last‐mile operations. This research examines how warehouses use last‐minute coordination, an unstructured mechanism, to ensure sufficient inventory at the order penetration points. Previous research has focused
Kedong Chen +3 more
wiley +1 more source
Public Goods and Optimal Paternalism under Present-Biased Preferences [PDF]
This paper deals with the optimal provision of a state-variable public good in a two-type model, when the consumers have present-biased preferences due to quasi-hyperbolic discounting.
Aronsson, Thomas, Granlund, David
core +1 more source
Hyperbolic Discounting can Represent Consistent Preferences [PDF]
Among non Exponential Discounting (ED) models, introduced to capture time inconsistent choices, Hyperbolic Discounting (HD) recently gained particular relevance.
openaire +1 more source
CSR disclosure and investment efficiency in MENA countries: The moderating role of CSR committee
ABSTRACT Corporate social responsibility disclosure (CSRD) is often recognized as a transparency mechanism that allows companies to communicate their commitment to CSR. However, CSRD may also exacerbate agency conflicts. This study addresses these two contrasting perspectives by investigating the impact of CSRD on investment efficiency and exploring ...
Mohamed Malek Belhoula +3 more
wiley +1 more source

