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A Dynamic Analysis of Moving Average Rules
Chiarella, Carl; He, Tony; Hommes, Cars H. - Tinbergen Instituut - 2005
The use of various moving average (MA) rules remains popular with financial market practitioners. These rules have recently become the focus of a number empirical studies, but there have been very few studies of financial market models where some agents employ technical trading rules of the type...
Persistent link: https://www.econbiz.de/10011256308
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National and International Income Dispersion and Aggregate Expenditures
Fillat, Carmen; Francois, Joseph - Tinbergen Instituut - 2004
consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation … a significant relationship between representative consumption and cross-country demand patterns. …
Persistent link: https://www.econbiz.de/10011255538
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Why the Rich drink more but smoke less: The Impact of Wealth on Health Behaviors
Kippersluis, Hans van; Galama, Titus J. - Tinbergen Instituut - 2013
consumption. The health cost increases with wealth and the degree of unhealthiness, leading wealthier individuals to consume more …This discussion paper resulted in the publication 'Wealth and Health Behavior: Testing the Concept of a Health Cost … wealth groups. …
Persistent link: https://www.econbiz.de/10011256703
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Idiosyncratic Labour Income Risk and Aggregate Consumption: an Unobserved Component Approach
Pozzi, Lorenzo - Tinbergen Instituut - 2007
consumption changes in the US over the period 1952-2001. Theoretically, the effect of labour income risk on consumption changes is … consumption changes. A more important part of aggregate consumption changes is explained by the unobserved component. The …
Persistent link: https://www.econbiz.de/10011256286
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House Prices, Second Mortgages and Household Savings; An Empirical Investigation for the Netherlands, 1987-1994
Rouwendal, Jan; Alessie, Rob - Tinbergen Instituut - 2002
Since the beginnings of the eighties house prices in the Netherlands haveincreased steadily and considerably. In this paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We use the dataof the Dutch socio-economic panel for the...
Persistent link: https://www.econbiz.de/10011256325
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Health and Inequality
O'Donnell, Owen; Doorslaer, Eddy Van; Ourti, Tom Van - Tinbergen Instituut - 2013
inequality and is itself a product of that inequality. The evidence supports a significant and substantial impact of ill … makes to income inequality. Variation in exposure to health risks early in life is a potentially important mechanism through … which health may generate, and possibly sustain, economic inequality. If material advantage can be excercised within the …
Persistent link: https://www.econbiz.de/10011257494
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Risk and Inequality in a Social Decision Making Experiment
Rohde, Ingrid M.T.; Rohde, Kirsten I.M. - Tinbergen Instituut - 2012
inequality. This paper presents an experiment which disentangles concerns for risk and inequality in a social risk context … terms of dispersion. We disentangle four types of dispersion: ex ante inequality, ex post inequality, individual risk, and … collective risk. The results show that people are averse towards ex ante inequality and individual risk, whereas they are ex post …
Persistent link: https://www.econbiz.de/10011256490
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Well-Being Inequality and Reference Groups - An Agenda for New Research
Praag, Bernard M.S. van - Tinbergen Instituut - 2010
well-being is much less investigated. It is argued that the concept of well-being inequality cannot be properly defined … concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up … href="http://www.springerlink.com/content/ak4r54626380774p/">Journal of Economic Inequality</A>. …
Persistent link: https://www.econbiz.de/10011256511
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Income Satisfaction Inequality and its Causes
Ferrer-i-Carbonell, Ada; Praag, Bernard M.S. Van - Tinbergen Instituut - 2002
In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to … analogue of the objective income concept and includes objective income inequality as a special case. The paper introduces a … method to decompose Income Satisfaction Inequality according to the contributions from variables such as income, education …
Persistent link: https://www.econbiz.de/10011256672
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Approximate Results for a Generalized Secretary Problem
Dietz, Chris; Laan, Dinard van der; Ridder, Ad - Tinbergen Instituut - 2010
This discussion paper resulted in a publication in <A href="http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=8239378&fulltextType=RA&fileId=S026996481000032X">'Probability in the Engineering and Informational Sciences'</A>, 25(2), 157-69.<p>A version of the classical secretary problem is studied, in which one is interested in selecting one of the <I>b</I> best out of a group of <I>n</I> differently ranked persons who are...</i></i></p></a>
Persistent link: https://www.econbiz.de/10011255721