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The Limits of Simple Implementation Intentions : Evidence from a Field Experiment on Making Plans to Exercise
Carrera, Mariana - 2018
the effect of a simple scalable planning intervention on a repeated behavior using a randomized design involving 877 … weeks. In contrast to recent studies, we find that the planning intervention did not have a positive effect on behavior and … planning is helpful and despite clear evidence that they engaged with the planning process …
Persistent link: https://www.econbiz.de/10012911692
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Time Preference, Time Discounting, and Smoking Decisions
Khwaja, Ahmed - 2007
.e., impulsivity and length of financial planning horizon, smokers are more impatient. However, neither of these measures is … measures of time preference and self-control, i.e., impulsivity and financial planning, are more closely related to the smoking …
Persistent link: https://www.econbiz.de/10012778234
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Baby Boomer Retirement Security : The Roles of Planning, Financial Literacy, and Housing Wealth
Lusardi, Annamaria - 2007
estimates show that planning behavior can explain the differences in savings and why some people arrive close to retirement with …
Persistent link: https://www.econbiz.de/10012778261
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The Economic and Policy Consequences of Catastrophes
Pindyck, Robert S. - 2010
How likely is a catastrophic event that would substantially reduce the capital stock, GDP and wealth? How much should society be willing to pay to reduce the probability or impact of a catastrophe? We answer these questions and provide a framework for policy analysis using a general equilibrium...
Persistent link: https://www.econbiz.de/10013150842
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The Role of Demand Management in the Maintenance of Full Employment
McCallum, Bennett T. - 2021
This paper begins by identifying nominal price stickiness as the logical basis for the Keynesian or activist point of view concerning demand management policy. It then characterizes two alternative approaches to policy analysis that have been adopted by adherents of the Keynesian position, the...
Persistent link: https://www.econbiz.de/10013227003
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Net Worth and Housing Equity in Retirement
Sinai, Todd M. - 2012
This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by more than housing equity, in part because other assets...
Persistent link: https://www.econbiz.de/10012755273
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CAPM for Estimating the Cost of Equity Capital : Interpreting the Empirical Evidence
Da, Zhi - 2010
We argue that the empirical evidence against the Capital Asset Pricing Model (CAPM) based on stock returns does not invalidate its use for estimating the cost of capital for projects in making capital budgeting decisions. Since stocks are backed not only by projects in place, but also the...
Persistent link: https://www.econbiz.de/10012757537
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Surprising Comparative Properties of Monetary Models : Results from a New Data Base
Taylor, John B. - 2010
In this paper we investigate the comparative properties of empirically-estimated monetary models of the U.S. economy. We make use of a new data base of models designed for such investigations. We focus on three representative models: the Christiano, Eichenbaum, Evans (2005) model, the Smets and...
Persistent link: https://www.econbiz.de/10012757616
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Reflections on Americans' Views of the Euro Ex Ante
Feldstein, Martin S. - 2010
This paper was prepared for a session of the 2009 American Economic Association meeting devoted to examining the views of American economists about the euro and the European Economic and Monetary Union on the tenth anniversary of the euro. I had written an article in 1992 in the Economist and...
Persistent link: https://www.econbiz.de/10012757919
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Instruments of Development : Randomization in the Tropics, and the Search for the Elusive Keys to Economic Development
Deaton, Angus - 2010
-based evaluation of projects is unlikely to lead to scientific progress in the understanding of economic development. I welcome recent … trends in development experimentation away from the evaluation of projects and towards the evaluation of theoretical …
Persistent link: https://www.econbiz.de/10012757925