Results 31 to 40 of about 1,152 (179)
ABSTRACT This study investigates the relationships between individual preferences, personality traits, abilities, and multiple indicators of financial well‐being (FWB). Employing survey data from the Understanding America Study (UAS), we analyze FWB across its different dimensions, including a composite scale, single‐item perceptions of FWB, objective ...
Jennifer Coats, Vickie Bajtelsmit
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A century of art dealing in New York. The rise of American art
Abstract We study art trade in New York between 1870 and 1970, analysing returns on investment by the renowned Knoedler gallery to shed light on the evolution of the American art market. A generalist art gallery should allocate investments to equalize expected returns, with differences in effective returns depending on purchase prices, number of traded
Federico Etro, Elena Stepanova
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Implicazioni a lungo periodo di politiche fiscali alternative e l'onere del debito pubblico.
Lo scopo del presente scritto è quello di sviluppare un metodo di analisi piuttosto che quello di presentare una nuova dottrina. Per questa ragione l’autore si propone di riallacciare la sua analisi alle posizioni sostenute nel passato dai principali ...
F. MODIGLIANI
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Are Risky Banks Disciplined by Large Corporate Depositors?
Abstract We analyze depositor discipline using auctions of unsecured money market deposits of firms to banks. In each auction, only the firm observes the banks and their interest rate bids. We observe that deposit interest rate bids increase with bank risk.
BJÖRN IMBIEROWICZ +2 more
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The economists "Manifesto" unemployment in the EU seven years later: which suggestions still hold?
I met Franco Modigliani in 1948. We had common interests in three fields of economic theory--Keynes and unemployment, the relations between monetary and real phenomena and market forms and price formation.
Beniamino Moro
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Subito dopo la pubblicazione dell’articolo su Econometrica del 1944, annoverato tra i più importanti contributi alla sintesi neoclassica, Franco Modigliani torna a riflettere, come già negli anni Trenta in Italia, sul superamento dell’economia ...
Antonella Rancan
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Entry Deterrence, Macroeconomic Equilibria and Pro‐Competitive Policies
ABSTRACT This paper achieves a macroeconomic equilibrium which is microfounded on an oligopolistic entry deterrence game à la Dixit‐Spence. This equilibrium has implications for pro‐competitive policies which differ from those obtained by models based on a monopolistic competition framework: (i) positive effects on employment and real wage of a policy ...
Claudio De Vincenti
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This article constitutes the slightly modified italian version of a conference held at Trinity College in San Antonio, Texas, the text of which is being published in Lives of the Laureates - Enlarges Edition, MIT Press, Cambridge, Mass.
F. MODIGLIANI
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How Inheritance Expectations Impact Household Savings
ABSTRACT This article examines how expecting to receive an inheritance impacts household savings. Life‐cycle consumption models indicate that the expectation of inheriting should reduce current savings for forward‐thinking consumers. We investigate this economic prediction, considering factors such as liquidity constraints and education.
Ignacio Belloc, José Alberto Molina
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ABSTRACT This study investigates how strategic investors influence the relationship between corporate social responsibility (CSR) disclosure and dividend policy in US firms. Drawing on agency and stakeholder theory, we conceptualize dividends not merely as financial signals but as instruments of stakeholder‐oriented wealth distribution.
Niklas Heinzel, Rainer Lueg
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