Results 221 to 230 of about 44,986 (305)

Consumption in Asset Returns

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT Using information in returns, we identify the stochastic process of consumption. We find that aggregate consumption reacts over multiple quarters to innovations spanned by financial markets. This persistent component accounts for over a quarter of consumption variation. These shocks command a large and significant risk premium, driving a large
SVETLANA BRYZGALOVA   +2 more
wiley   +1 more source

Individual Differences in the Effects of Life Events on Personality Trait Change

open access: yesJournal of Personality, EarlyView.
ABSTRACT Objective To date, effects of life events on personality trait change have been unsystematic, tenuous, and difficult to replicate. We focus on individual differences in change processes following life events, which have been neglected in previous studies.
Lara Oeltjen, Christian Kandler
wiley   +1 more source

Dynamic Probit Models With Network Interdependence and Unobserved Heterogeneity With an Application to Multinational‐Firm Participation in China

open access: yesJournal of Regional Science, EarlyView.
ABSTRACT In many areas of regional/spatial economics, we are faced with analyzing discrete dynamic choice problems of economic agents interacting with some network structure through general equilibrium, input‐output links, or strategic interaction. Stochastic estimating equations for such problems can be difficult for many practitioners to estimate ...
Peter H. Egger, Michaela Kesina
wiley   +1 more source

Phylogenomics of the American robin (Turdus migratorius) reveals hidden lineages and introgression

open access: yesJournal of Systematics and Evolution, EarlyView.
Phylogenomic analyses of Turdus migratorius uncover four previously unrecognized lineages, including a divergent Baja California lineage (T. m. confinis). The results reveal complex evolutionary relationships that depart from simple models of continuous divergence, supported by evidence of introgression between the Mexican lineage and its previously ...
Wendoly Rojas‐Abreu   +5 more
wiley   +1 more source

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