Results 161 to 170 of about 2,890 (243)
Lender‐Affiliated Analysts and Syndicated Loans
Financial Management, EarlyView.ABSTRACT Loans to borrowers covered by affiliated analysts have lower spreads. This effect is driven mostly by affiliated analysts sharing information with, rather than demanding information from, lending arms. Exploiting plausibly exogenous changes in brokerage affiliations, we find that the results are likely to be causal.
Yongqiang Chu, Tao Ma, Cong (Roman) Wang
wiley +1 more source
Residual Income Valuation and Stock Returns: Evidence From a Value‐to‐Price Investment Strategy*
Financial Review, EarlyView.ABSTRACT This paper contributes to the accounting and asset pricing anomalies literature by investigating the performance of value‐to‐price (V/P) strategies, and the relationship between V/P ratio and various risk proxies. If the V/P ratio successfully predicts future returns at stock level, we hypothesize that portfolios based on the V/P ratio ...
Ahmad Haboub +2 more
wiley +1 more source
Approaching future rewards or waiting for them to arrive: Spatial representations of time and intertemporal choice. [PDF]
PLoS OneFletcher D +3 more
europepmc +1 more source
Stress, Intertemporal Choice, and Mitigation Behavior During the COVID-19 Pandemic
, 2022 Agrawal M +3 more
europepmc +1 more source
How Does Progressivity Affect the Tax Cut Multiplier?
International Economic Review, EarlyView.ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
College Loans and Human Capital Investment
International Economic Review, EarlyView.ABSTRACT College loans facilitate access to education, but the repayment burden may distort posteducation human capital investment. We examine the role of college loans and loan repayment policies through a structural model of individuals' dynamic decisions on borrowing/saving, labor supply, and costly human capital investment. We estimate two versions
Chao Fu +2 more
wiley +1 more source
Social Status, Inequality, and Redistribution
International Economic Review, EarlyView.ABSTRACT We explore implications of social status concerns for redistribution, income inequality, and growth in a political economy framework. Salience of such concerns leads to a propagation mechanism, whereby initial income inequality and reduced willingness to redistribute income reinforce each other, potentially giving rise to multiple steady ...
Mark Gradstein, Luigi Ventura
wiley +1 more source
The delay-reward heuristic: What do people expect in intertemporal choice tasks? [PDF]
Judgm Decis Mak, 2020 Skylark WJ +4 more
europepmc +1 more source
International Journal of Management Reviews, EarlyView.Abstract This comparative literature review explores how an expanding body of interdisciplinary post‐growth literature aligns, extends or challenges ecocentric Corporate Sustainability (eCS) research in management (i.e., rooted in systems thinking, emphasising planetary boundaries, ecological limits and embeddedness).
Gianluigi Narciso, Yanfei Hu
wiley +1 more source
Buy Now, Think Later: The Role of Behavioural Biases in Impulse Spending
International Social Science Journal, EarlyView.ABSTRACT This study explores the relationships between present bias, emotional reactivity and perceived digital advertising exposure in relation to impulse spending behaviour. The aim is to examine how these psychological factors and marketing perceptions are associated with impulsive consumer purchases.
Meryem Akin, Isik Akin
wiley +1 more source