ABSTRACT This study considers consumers' environmental awareness of polluting firms' managerial delegation contracts and compares the effects of committed and time‐consistent emission tax policies. It reveals that when environmental performance (EP) incentives prevail, sales performance (SP) incentives depend on the emission tax type and competition ...
Lili Xu, Yuntong Yin, Sang‐Ho Lee
wiley +1 more source
Tracking politically motivated reasoning in the brain: the role of mentalizing, value-encoding, and error detection networks. [PDF]
Lois G, Tsakas E, Yuen K, Riedl A.
europepmc +1 more source
Passing the Partisan Filter: Political Narratives, Partisan Bias, and Opinions on Public Finances
ABSTRACT This paper investigates whether political partisanship and political narratives affect voters' opinions about public finances. In a novel survey experiment, we test the causal effect of pro‐consolidation and pro‐public investment narratives used in German general election campaigns on participants' opinions on public debt and budget deficits ...
Ekaterina Jürgens, Sebastian Gechert
wiley +1 more source
Beyond Owning‐Renting Dichotomy: Owner‐Renting in Urban China
Abstract This paper examines owner‐renters, households that rent their current residence while owning property elsewhere, using data from the 2013 and 2019 China Household Finance Survey. It explores how household characteristics influence owner‐renting and the drivers of this phenomenon.
Jinqiao Long +3 more
wiley +1 more source
Border militarization affects people's interactions with nature in Białowieża Forest. [PDF]
Nowak K +6 more
europepmc +1 more source
Trend Inflation and the Costs of Price Dispersion in a Fiscal DSGE Model
ABSTRACT Most inflation‐targeting frameworks allow for a positive trend inflation rate, yet its optimal level remains uncertain. The extended deliberation in South Africa to move from a 3%–6% target band to a 3% target (with a 1% tolerance band) illustrates this tension.
Clinton Joel, Hylton Hollander
wiley +1 more source
Stock Forecasting Based on Informational Complexity Representation: A Framework of Wavelet Entropy, Multiscale Entropy, and Dual-Branch Network. [PDF]
Tian G, Xu C, Yang Y.
europepmc +1 more source
Enhancing Volatility Prediction: A Wavelet‐Based Hierarchical Forecast Reconciliation Approach
ABSTRACT Forecasting realized volatility (RV) has been widely studied, with numerous techniques developed to enhance predictive accuracy. Among these techniques, the use of RV decompositions based on intraday asset returns has been applied. However, the use of a frequency‐based decomposition, which provides unique insights into the dynamics of RV ...
Adam Clements, Ajith Perera
wiley +1 more source
Further Findings on the Intergenerational Transmission of Alcohol Consumption
ABSTRACT Using 43,817 parent–child pairs from 23 waves of the HILDA Survey, I study the intergenerational transmission of alcohol use within a rational model of trait transmission. Transmission is predominantly same‐sex: the mother–daughter elasticity is 0.10 and the father–son elasticity is 0.09; there is no father–daughter effect.
Sergey Alexeev
wiley +1 more source

