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An Alternative Theory of the Plant Size Distribution with an Application to Trade

Holmes, Thomas J. - 2010

paper develops an alternative theory in which industries are made up of large plants producing standardized goods and small …

Persistent link: https://www.econbiz.de/10012462694

Pseudo Market Timing and Predictive Regressions

Baker, Malcolm P. - 2004

to predict stock or bond market returns. Recent research argues that these results may be driven by an aggregate time …

Persistent link: https://www.econbiz.de/10012467866

The Welfare Cost of Retirement Uncertainty

Caliendo, Frank N. - 2016

Uncertainty about the timing of retirement is a major financial risk with implications for decision making and welfare over the life cycle. We estimate that the standard deviation of the difference between retirement expectations and actual retirement dates ranges from 4.28 to 6.92 years. We...

Persistent link: https://www.econbiz.de/10012456070

Volatility Managed Portfolios

Moreira, Alan - 2016

average returns. This rules out typical risk-based explanations and is a challenge to structural models of time …

Persistent link: https://www.econbiz.de/10012456467

Is Sniping A Problem For Online Auction Markets?

Backus, Matthew - 2015

these incremental bidders at a price below their reserve, with no time to respond. As a consequence, these incremental …

Persistent link: https://www.econbiz.de/10012457724

Market Design in Cap and Trade Programs : Permit Validity and Compliance Timing

Holland, Stephen P. - 2012

have different validity across time (e.g., banking, borrowing, and seasons) and space (e.g., zonal restrictions), and …

Persistent link: https://www.econbiz.de/10012460561

Capital Budgeting vs. Market Timing : An Evaluation Using Demographics

DellaVigna, Stefano - 2009

An ongoing debate sets capital budgeting against market timing. The primary difficulty in evaluating these theories is finding distinct exogenous proxies for investment opportunities and mispricing. We use demand shifts induced by demographics to address this problem, and hence, provide a more...

Persistent link: https://www.econbiz.de/10012463465

Information-Constrained State-Dependent Pricing

Woodford, Michael - 2008

. The imperfect information is endogenized using a variant of the theory of "rational inattention" proposed by Sims (1998 …

Persistent link: https://www.econbiz.de/10012464027

The Timing of Labor Demand

Cardoso, Ana Rute - 2008

We examine the timing of firms' operations in a formal model of labor demand. Merging a variety of data sets from Portugal from 1995-2004, we describe temporal patterns of firms' demand for labor and estimate production-functions and relative labor-demand equations. The results demonstrate the...

Persistent link: https://www.econbiz.de/10012464082

No Time to Lose? Time Constraints and Physical Activity

Mullahy, John - 2008

Although individuals are all endowed with the same time budgets, time use patterns differ owing to heterogeneity in … human capital allocate time to physically-demanding activities that we characterize as health-producing behaviors. Our data … are drawn from multiple years of the American Time Use Survey (ATUS), which are based on daily time use diaries and …

Persistent link: https://www.econbiz.de/10012464134