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Persistent link: https://www.econbiz.de/10013459233
Public financial management by the government is very important in view of the level of welfare in Indonesia is still low, as there are still much poverty with the level of fulfillment of the needs of low, corruption that occurs in every area of government, income distribution is uneven, low...
Persistent link: https://www.econbiz.de/10012968836
estimate their implied discounting parameters. We show that individuals prefer being ill later, rather than now, with larger …
Persistent link: https://www.econbiz.de/10011259345
We reconcile �findings from the Multiple Price List method (Andersen et al., 2008) and the Convex Time Budget method (Andreoni and Sprenger, 2012a) that seem to have generated a heated debate in the time preference literature. Specifi�cally, we discuss the claims of Andreoni and Sprenger...
Persistent link: https://www.econbiz.de/10011260062
To consider the implication of disaggregated consumption and discounting, we study discounting in a world composed of …
Persistent link: https://www.econbiz.de/10011260941
the failure to incorporate time discounting. This paper aims to measure time discounting for health outcomes in a sample … representative for the general population. In particular, we estimate TTO scores alongside time discounting in order to derive a set … of correction factors that can be employed to correct raw TTO scores for the downward bias caused by time discounting. We …
Persistent link: https://www.econbiz.de/10009651387
risk free discounting curve), it is natural to ask "What is the discounting curve of a swap in the presence of funding … depends on who you are and in general it is "There is no such thing as a unique discounting curve (for swaps)." Our approach …
Persistent link: https://www.econbiz.de/10008530717
We explore intertemporal decision making to test the extent to which elicited discount rates and a self-reported scale of impatience measure the same behavioral characteristic. We conduct experiments in which we elicit discount rates using monetary rewards and a self-reported measure of...
Persistent link: https://www.econbiz.de/10005619307
factor is neglected in the workers’ loss function. Yet discounting is to be viewed as an extra piece of micro-foundation with … implications for discretionary monetary policy. We revisit the issue and show that discounting in the model of staggered wages …
Persistent link: https://www.econbiz.de/10005619566
Economists have generally ignored the notion that perceived time may differ from clock time. Borrowing from the behavioral psychology literature, we investigate the case of time compression whereby perceived time passes more quickly than actual time. A framework is presented to embed time...
Persistent link: https://www.econbiz.de/10008866112