Results 241 to 250 of about 156,565 (277)

What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT Financial bubbles and crashes have repeatedly caused economic turmoil notably but not just during the 2008 financial crisis. However, both in the popular press as well as scientific publications, the meaning of bubble is sometimes unspecified.
Michael Heinrich Baumann   +1 more
wiley   +1 more source

What Drives Investors' Portfolio Choices? Separating Risk Preferences from Frictions

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We study the role of risk preferences and frictions in portfolio choice using variation in 401(k) default options. Patterns of active choice in response to different default funds imply that, absent participation frictions, 94% of investors prefer holding stocks, with an equity share of retirement wealth declining with age—patterns markedly ...
TAHA CHOUKHMANE, TIM DE SILVA
wiley   +1 more source

Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We study the role of asset revaluation in the monetary transmission mechanism. We build an analytical heterogeneous‐agents model with two main ingredients: (i) rare disasters and (ii) heterogeneous beliefs. The model captures time‐varying risk premia and precautionary savings in a setting that nests the textbook New Keynesian model.
NICOLAS CARAMP, DEJANIR H. SILVA
wiley   +1 more source

Esophageal Surgery in Greece during the 19th Century. [PDF]

open access: yesMaedica (Bucur)
Laios K   +9 more
europepmc   +1 more source

Feasibility and safety of remote robotic hepatectomy: a prospective single-arm study with MP1000 system in China. [PDF]

open access: yesEClinicalMedicine
Liao W   +7 more
europepmc   +1 more source

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