Results 131 to 140 of about 2,083,765 (305)

Adaptive time management: The effects of death awareness on time perception and intertemporal choice

open access: yesActa Psychologica Sinica, 2019
speed of time passage. In this research, we investigate the impact of death awareness on time perception and intertemporal choice, and the relationships among them. Study 1 examined the relationship between death awareness and time estimation.
Peng Wang   +4 more
semanticscholar   +1 more source

News shocks, consumer confidence and business cycles

open access: yesEconomica, EarlyView.
Abstract We study the causal effects of consumer sentiment shocks on macroeconomic aggregates. By constructing a novel instrument based on major non‐economic news shocks in the USA over 1969–2022, and opinion polls around these events, we identify exogenous changes in consumer confidence.
Syed M. Hussain, Zara Liaqat
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  

Intertemporal Choice with Continuity Constraints

open access: yesSSRN Electronic Journal, 2018
We consider a model of intertemporal choice where time is a continuum, the set of instantaneous outcomes (e.g., consumption bundles) is a topological space, and intertemporal plans (e.g., consumption streams) must be continuous functions of time. We assume that the agent can form preferences over plans defined on open time intervals.
openaire   +3 more sources

Interdependence of government expenditure among European countries: Productivity spillover and strategic interaction

open access: yesEconomic Inquiry, EarlyView.
Abstract We build an endogenous growth model that distinguishes productive and welfare government expenditures and embeds fiscal externalities. The model yields three testable hypotheses: (i) productive expenditure raises growth (Barro effect); (ii) productive expenditure generates cross‐country productivity spillovers; (iii) government expenditure ...
Xiaodong Chen, Haoming Mi, Peng Zhou
wiley   +1 more source

Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk

open access: yesFinancial Management, EarlyView.
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

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