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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/10012480612
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/10012463277
and length of financial planning horizon, smokers are more impatient. However, neither of these measures is significantly … time preference and self-control, i.e., impulsivity and financial planning, are more closely related to the smoking …
Persistent link: https://www.econbiz.de/10012466046
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/10012466077
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/10012476546
"In this paper we propose a new approach to international comparisons of real GDP measured from the output-side. The traditional Geary-Khamis system to measure real GDP from the expenditure-side is modified to include differences in the terms of trade between countries. It is shown that this...
Persistent link: https://www.econbiz.de/10010522867
A pervasive concern with the use of self-reported health and disability measures in behavioral models is that they are biased and endogenous. A commonly suggested explanation is that survey respondents exaggerate the severity of health problems and incidence of disabilities in order to...
Persistent link: https://www.econbiz.de/10012471248
The standard of living in the industrialized nations has been steadily increasing over the last few decades. Yet some observers wonder whether we are really getting any happier. This paper addresses that question by examining well-being data on 100,000 randomly sampled Americans and Britons from...
Persistent link: https://www.econbiz.de/10012471289
This paper discusses how optimal monetary policy is affected by differences in the combination of shocks an economy experiences and the rigidities it exhibits. Without both nominal rigidities and economic shocks, monetary policy would be irrelevant. Recognizing this, policymakers increasingly...
Persistent link: https://www.econbiz.de/10012471294
our ignorance,' with ample scope for measurement error. Another source of controversy arises from sins of omission, rather … measurement …
Persistent link: https://www.econbiz.de/10012471305