Results 81 to 90 of about 4,194 (193)
ABSTRACT Oceanographic and ecological conditions can be used to inform forecasts and decision‐making for marine resources, but the dominant drivers of recruitment variability remain poorly understood for many fish stocks. We developed a conceptual life‐history model of the oceanographic and ecological variables that influence the recruitment of ...
Megan L. Feddern +3 more
wiley +1 more source
Heterogeneous Impatience in a Continuous-Time Model [PDF]
In a continuous-time economy with complete markets, we show how the heterogeneity in the individual consumers' risk attitudes and impatience would affect the representative consumer's counterparts.
Hara, Chiaki
core
How Does Progressivity Affect the Tax Cut Multiplier?
ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
Precautionary Saving against Correlation under Risk and Ambiguitya
Abstract This paper considers precautionary saving against the correlation between two risky attributes (wealth and health) and investigates how the correlation affects optimal savings under multivariate preferences. The signs of higher‐order cross‐derivatives play a key role in determining the direction of precautionary saving against such correlation.
TAKAO ASANO, YUSUKE OSAKI
wiley +1 more source
Leader‐Follower Dynamics in Shareholder Activism
ABSTRACT We propose a theory of coordination and influence among blockholders. Privately informed activists time their trades in sequence to lower acquisition costs, prompting a strategic use of order flows: leader activists create trading gains for their followers, ultimately influencing their willingness to bear greater value‐enhancing intervention ...
DORUK CETEMEN +3 more
wiley +1 more source
Wright type multiplicatively convex functions [PDF]
openaire +1 more source
A Note on Local Polynomial Regression for Time Series in Banach Spaces
ABSTRACT This work extends local polynomial regression to Banach space‐valued time series for estimating smoothly varying means and their derivatives in non‐stationary data. The asymptotic properties of both the standard and bias‐reduced Jackknife estimators are analyzed under mild moment conditions, establishing their convergence rates.
Florian Heinrichs
wiley +1 more source
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Butt, Saad Ihsan +4 more
openaire +1 more source
Testing Distributional Granger Causality With Entropic Optimal Transport
ABSTRACT We develop a novel nonparametric test for Granger causality in distribution based on entropic optimal transport. Unlike classical mean‐based approaches, the proposed method directly compares the full conditional distributions of a response variable with and without the history of a candidate predictor.
Tao Wang
wiley +1 more source
The Economics of Network Neutrality [PDF]
Pricing of Internet access has been characterized by two properties. Parties are directly billed only by the Internet Service Provider (ISP) through which they connect to the Internet and the ISP charges them on the basis of the amount of information ...
Benjamin Hermalin, Nicholas Economides
core

