Results 81 to 90 of about 2,083,765 (305)

Oil Futures Prices, Inflation Expectations, and Bond Risk Premiums

Journal of Futures Markets, EarlyView.
ABSTRACT By decomposing West Texas Intermediate futures price changes into structural supply and demand shocks, this paper shows that dissecting the oil price significantly improves inflation forecasts. Empirically, demand‐driven shocks predict a negative real bond risk premium but a positive inflation risk premium; these opposing effects result in an ...
Haibo Jiang
wiley   +1 more source

New developments in revealed preference theory: decisions under risk, uncertainty, and intertemporal choice [PDF]

Annual Review of Economics, 2019
This article reviews recent developments in revealed preference theory. It discusses the testable implications of theories of choice that are germane to specific economic environments.
F. Echenique
semanticscholar   +1 more source

Can Central Bank Communication Guide Individuals' Expectations About the Macroeconomy? Evidence From a Randomized Information Experiment in China

International Studies of Economics, EarlyView.
ABSTRACT Communication with the market to guide public expectations has become a pivotal monetary policy instrument for central banks worldwide. Therefore, assessing the efficacy of communication in influencing personal expectations is essential for central banks.
Yuying Jin, Sunyao Xia
wiley   +1 more source

Intertemporal choice – toward an integrative framework [PDF]

Trends in Cognitive Sciences, 2007
Intertemporal choices are decisions with consequences that play out over time. These choices range from the prosaic--how much food to eat at a meal--to life-changing decisions about education, marriage, fertility, health behaviors and savings. Intertemporal preferences also affect policy debates about long-run challenges, such as global warming ...
Berns, Gregory S., Laibson, David, Loewenstein, George   +2 more
openaire   +4 more sources

Temporary VAT Reduction in Vietnam: Consumer Behavior Analysis

International Studies of Economics, EarlyView.
ABSTRACT This study investigates the impact of temporary VAT rate changes on consumer behavior in Vietnam, particularly concerning the VAT reduction implemented during 2023–2024. The research analyzes annual survey data and household expenditure reports to assess changes in consumer spending on durable goods during the first half of 2024 (2024 H1 ...
Hang Thi Thu Trinh
wiley   +1 more source

What Explains International Interest Rate Co‐Movement?

Journal of Applied Econometrics, EarlyView.
ABSTRACT The international co‐movement of interest rates reflects correlated business‐cycle fluctuations, largely driven by demand shocks. Monetary policy in advanced economies follows domestic mandates—inflation and the output gap—and does not respond to foreign policy shocks.
Annika Camehl, Gregor von Schweinitz
wiley   +1 more source

Intertemporal choice

We face a myriad of choices 24/7. The first might arise early in the morning: Should I hit the snooze button for a few extra minutes of sleep, or get up on time to set out for a productive day working on a book chapter? Later, I might have to decide whether to spend my money on that new fancy gadget or put it into my savings plan, and in the evening, I
Ben Wagner, Kilian Knauth, Jan Peters
openaire   +1 more source

From decision patience to process patience: A decision–process integration of the choice to wait and the experience of waiting

Journal of Consumer Psychology, EarlyView.
Abstract Consumer impatience has long been examined through the lens of intertemporal choice, where patience is inferred from decisions to accept delayed rewards. Yet, this conceptualization captures only the choice to wait, not the experience of waiting.
Selin A. Malkoc
wiley   +1 more source

Waiting in intertemporal choice tasks affects discounting and subjective time perception.

Journal of experimental psychology. General, 2020
The literature on human delay discounting behavior is dominated by experimental paradigms, which do not impose actual delays. Given that waiting may be aversive even on short timescales, we present a novel delay discounting paradigm to study differences ...
Ping Xu, C. González-Vallejo, B. Vincent   +2 more
semanticscholar   +1 more source

Impatience for negative experiences

Journal of Consumer Psychology, EarlyView.
Abstract Conceptualizing impatience as an emotion, and patience as the regulation of that emotion, offers new insights and opportunities for the study of consumer behavior. While this framework has primarily been applied to impatience for positive events, many real‐life events of interest involve decisions about negative or mixed‐valence events.
David J. Hardisty
wiley   +1 more source