Results 121 to 130 of about 69,721 (321)

Limits of the foreign language effect: intertemporal choice

open access: gold, 2020
Michał Białek   +3 more
openalex   +2 more sources

The importance of considering regimes in long‐term asset allocation to real estate

open access: yesReal Estate Economics, EarlyView.
Abstract We investigate the long‐term, regime‐dependent asset allocation of an investor's wealth in a mixed‐asset portfolio that includes publicly traded real estate. We show that augmenting standard VAR models with Markov‐switching features not only improves predictive power for asset returns but also introduces economically meaningful horizon effects
Massimo Guidolin   +2 more
wiley   +1 more source

How much are you willing to pay to avoid lockdowns? Evidence from the real estate market

open access: yesReal Estate Economics, EarlyView.
Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley   +1 more source

Optimal Consumption Choice under Uncertainty with Intertemporal Substitution [PDF]

open access: yes
This abstract will be reformatted upon submission. You don't need to format for line-breaks here!!!!! We extend the analysis of the intertemporal utility maximization problem for Hindy-Huang-Kreps utilities reported in Bank/Riedel(1999) to the stochastic
Frank Riedel, Peter Bank
core  

Storage games

open access: yesThe RAND Journal of Economics, EarlyView.
ABSTRACT We study a long‐horizon, oligopolistic market with random shocks to demand that can be arbitraged by two storage operators with finite capacity. This problem applies to any storable commodity—that is, most commodities. Because the arbitrage spread is so sensitive to market power, storage operators face strong incentives to restrain quantities ...
Sergei Balakin, Guillaume Roger
wiley   +1 more source

Impatience, Anticipatory Feelings and Uncertainty: A Dynamic Experiment on Time Preferences [PDF]

open access: yes
We study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices suggest negative time preferences. Moreover, choice reversal over time is common even if temptation plays no role. We propose and measure
Davide Dragone, Marco Casari
core  

The Relationship Between Financial Education in Young Adults and Financial Literacy: A Review of the Literature in Canada and the United States*

open access: yesAccounting Perspectives, Volume 24, Issue 1, Page 47-78, March 2025.
ABSTRACT Professional accounting bodies in Canada and the United States, and throughout the world, have funded programs to improve financial literacy for many years. This ongoing interest stems from the expected benefits of improved financial behavior for individuals, society, and financial markets.
Folasade Adesina   +2 more
wiley   +1 more source

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