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This note illustrates a simple but important insight for financial investment. In a heterogeneous agent-based evolutionary finance market model with long-lived assets, markets are stable if clients of fundamental ('value') investment funds are more patient than clients of other funds
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It is notoriously difficult to identify peer effects within the family, because of the common shocks and reflection …, disabled or not. We observe consistent evidence in both locations that the second child in a family is differentially affected …
Persistent link: https://www.econbiz.de/10012960925
More able parents tend to have more able children. While few would question the validity of this statement, there is little large-scale evidence on the intergenerational transmission of IQ scores. Using a larger and more comprehensive dataset than previous work, we are able to estimate the...
Persistent link: https://www.econbiz.de/10012758461
It is notoriously difficult to identify peer effects within the family, because of the common shocks and reflection …, disabled or not. We observe consistentevidence in both locations that the second child in a family is differentially affected …
Persistent link: https://www.econbiz.de/10012934844
More able parents tend to have more able children. While few would question the validity of this statement, there is little large-scale evidence on the intergenerational transmission of IQ scores. Using a larger and more comprehensive dataset than previous work, we are able to estimate the...
Persistent link: https://www.econbiz.de/10012464372
Persistent link: https://www.econbiz.de/10003752059
More able parents tend to have more able children. While few would question the validity of this statement, there is little large-scale evidence on the intergenerational transmission of IQ scores. Using a larger and more comprehensive dataset than previous work, we are able to estimate the...
Persistent link: https://www.econbiz.de/10013325019