Results 161 to 170 of about 7,285 (279)
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
Intertemporal Asset Pricing Without Consumption Data [PDF]
This paper proposes a new way to generalize the insights of static asset pricing theory to a multi-period setting. The paper uses a loglinear approximation to the budget constraint to substitute out consumption from a standard intertemporal asset pricing
John Y. Campbell
core
European Financial Management, EarlyView.ABSTRACT This study examines whether female directors influence firms' allocation of internal funds between dividend payments and defined benefit (DB) pension funding. Using FTSE All‐Share firms from 2007 to 2021, we find that companies with a higher proportion of female directors exhibit stronger pension funding positions and, overall, maintain ...
Zezeng Li, Erhan Kilincarslan
wiley +1 more source
The Intertemporal-Substitution Hypothesis is Alive and Well (But Hiding in the Data)
According to the intertemporal-substitution hypothesis, which underlies the typical empirical real business cycle model, cyclical fluctuations in employment and hours of work are optimizing labor-supply responses to short-run aggregate demand shifts.
Jean Kimmel
core
Leadership and Accountability in Faith‐Based Institutions: Evidence From UK Mosques
Financial Accountability &Management, EarlyView.ABSTRACT This study investigates accountability in religious institutions on the basis of evidence obtained from interviews with relevant parties in UK mosques. We mobilize prior theoretical contention regarding servant leadership and constraints on personal accountability to expose perceptions of seriously deficient discharge outcomes.
Umair Riaz +3 more
wiley +1 more source
Life Cycle Consumption and Portfolio Choice Under Real Interest Rate Risk
Financial 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
Microeconomics of intertemporal choice in zero-space during Covid-19: a behavioral economics perspective. [PDF]
Eur J Health Econ, 2022 Cifuentes-Faura J, Di Francesco R.
europepmc +1 more source
Reputation and Asset Prices: Evidence From Trump Real Estate
Financial Management, EarlyView.ABSTRACT We analyze the impact of brand reputation on asset prices by exploiting the prominence of Donald Trump in Manhattan real estate. Our quasi‐experiment identifies a 14.5% discount to condominiums in Trump‐branded buildings after controversies surrounding Trump's presidential candidacy began in June 2015 up to 2022.
Marlene Koch, Simon Stehle, Rémi Vivès
wiley +1 more source
The role of ventromedial prefrontal cortex in reward valuation and future thinking during intertemporal choice. [PDF]
Elife, 2021 Ciaramelli E +9 more
europepmc +1 more source
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