Results 111 to 120 of about 4,143 (285)
Strategic Influencers and the Shaping of Beliefs
ABSTRACT Influencers, from propagandists to sellers, expend vast resources targeting agents who amplify their message through word‐of‐mouth communication. While agents differ in network position, they also differ in their bias: Agents may naturally read articles with a particular slant or buy products from a certain seller.
Akhil Vohra
wiley +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
Redistribution Through Efficiency: Theory and Evidence from Three Electricity Markets
ABSTRACT Using micro‐data on over 160 million bids to buy and sell from three major electricity markets, we study efficiency improvements resulting from technologies such as storage. Consumer benefits arise not from stabilized prices but from changes in general price levels.
Matti Liski, Iivo Vehviläinen
wiley +1 more source
A new refinement of Jensen's inequality
Not available.
Sever S. Dragomir, Nicoleta M. Ionescu
doaj +2 more sources
Individualised niches in a variable environment—Consequences for environmental change responses
Abstract Intraspecific trait variation (ITV) can be important for population performance in a variable and changing environment because individuals with different traits have different fitness responses. Furthermore, there are three mechanisms via which individuals can interact with their environment to potentially improve fitness: niche conformance ...
Anastasiia Enne +3 more
wiley +1 more source
Equilibrium Exchange Rate Hedging [PDF]
In a one-period model where each investor consumes a single good, and where borrowing and lending are private and real, there is a universal constant that tells how much each investor hedges his foreign investments.
Fischer Black
core
Tax Planning Under Pressure: The Impact of Carbon Emissions Management Post‐Paris Agreement
ABSTRACT We examine how the Paris Agreement affects corporate tax planning across a global data set. We find that emissions‐reducing firms are associated with higher levels of tax planning than nonemissions‐reducing firms. The effect is stronger for firms facing tighter cost pass‐through constraints, such as operating in more competitive markets, with ...
Aonan (Sistine) Sun +3 more
wiley +1 more source
Mitigating tough times? How material self‐interest influences citizens' welfare state behavior
Abstract It is a long‐standing view that citizens support the welfare state because it provides insurance against future income losses. However, existing studies have struggled to isolate the effect of future‐oriented material self‐interest from normative and political predispositions.
Matias Engdal Christensen
wiley +1 more source
Pigouvian Tax, Abatement Policies and Uncertainty on the Environment [PDF]
The paper examines the effects of environmental uncertainty on Pigouvian tax and abatement policy used, either separately or contemporaneously, to counteract pollution.
D. Baiardi, M. Menegatti
core
Globalization, internal migration, and public goods provision in emerging economies
Abstract Globalization can introduce new employment opportunities to emerging economies in multinational corporations and exporting firms. Who is best positioned to benefit, and what are the political consequences for “left behind” areas? We argue that primarily advantaged groups seize these opportunities through internal migration toward centers of ...
Benjamin Helms, Junghyun Lim
wiley +1 more source

