Results 161 to 170 of about 69,721 (321)
The Equilibrium Set of Economies with a Continuous Consumption Space [PDF]
We study global properties of the equilibrium set of economies with a continuous consumption space. This framework is important in intertemporal allocation problems (continuous or infinite time), financial markets with uncertainty (continuous states of ...
Enrique Covarrubias
core
Choice Repetition Bias in Intertemporal Choice: An Eye‐Tracking Study [PDF]
Ulrike Senftleben +2 more
openalex +1 more source
Testing for Contagion in International Financial Markets: To See More, Go Higher
Financial Review, EarlyView.ABSTRACT Traditional measures of financial contagion rely on correlation shifts, overlooking higher moments such as skewness and kurtosis. We examine contagion during two major financial crises, incorporating lower‐ and higher‐moment measures. We analyze stock market returns from 22 major markets at different frequencies, offering a global perspective ...
Simeon Coleman, Vitor Leone
wiley +1 more source
Working Memory Depletion Affects Intertemporal Choice Among Internet Addicts and Healthy Controls. [PDF]
Front Psychol, 2021 Li H.
europepmc +1 more source
Non-linear error correction, asymmetric adjustment and cointegration. [PDF]
This article links the intertemporal choice model with the non-linear error correction (NEC) model. It has three main components. First, it outlines a model of non-linear error correction, in which the linear error correction term ?Xt (the vector time ...
Escribano, Álvaro, Pfann, Gerard
core
Ambiguity Aversion, Portfolio Choice, and Life Expectancy
International Economic Review, EarlyView.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
Dynamic Consumption and Portfolio Choice with Ambiguity about Stochastic Volatility [PDF]
We introduce ambiguity about the variance of the risky asset's return in the model of Chacko and Viceira (2005) for dynamic consumption and portfolio choice with stochastic variance.
Cláudia Ribeiro +2 more
core
Empirical Determinants of Intertemporal Choice
, 2013 Jeffrey R. Brown +2 more
openalex +1 more source
The Legacy of Policy Inaction in Climate‐Growth Models
International Economic Review, EarlyView.ABSTRACT To better understand the structure and core mechanisms of a broad class of climate‐growth models, we study a simplified version of the dynamic integrated model of climate and the economy (DICE) through the lens of growth theory. We analytically show that this model features a continuum of saddle‐point stable steady states.
Thomas Steger, Timo Trimborn
wiley +1 more source
A Quantized Representation of Intertemporal Choice in the Brain. [PDF]
IEEE Trans Mol Biol Multiscale Commun, 2021 Tee J, Taylor DP.
europepmc +1 more source