What Are Asset Price Bubbles? A Survey on Definitions of Financial Bubbles
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
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
A Unified Complex-Fresnel Model for Physically Based Long-Wave Infrared Imaging and Simulation. [PDF]
Ter Heerdt P +3 more
europepmc +1 more source
Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity
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
Attitudes and knowledge of pain specialists in Israel regarding sexual health in chronic pain patients. [PDF]
Sharon H +4 more
europepmc +1 more source
Conservation and evolution of the programmed ribosomal frameshift in <i>prfB</i> across the bacterial domain. [PDF]
Prince CR, Lin IN, Feaga HA.
europepmc +1 more source
Formation and influencing factors of health communication competence among Chinese physical education teachers based on the ecological systems theory. [PDF]
Chen L +6 more
europepmc +1 more source
Near Linearity of the Macroscopic Hall Current Response in Infinitely Extended Gapped Fermion Systems. [PDF]
Wesle M +4 more
europepmc +1 more source
Esophageal Surgery in Greece during the 19th Century. [PDF]
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]
Liao W +7 more
europepmc +1 more source

