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Generosity during Covid-19 the effect of social distancing and framing on donations in dictator games
Lotti, Lorenzo - 2020
This paper investigates the impact of prolonged social distancing on generosity by analyzing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Despite the isolation and the negative effects on employment and household...
Persistent link: https://www.econbiz.de/10015214006
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Self-restraint behavior under COVID-19 through stigma: Theory and evidence based on mobility data
Katafuchi, Yuya; Kurita, Kenichi; Managi, Shunsuke - 2020
This study conducts both theoretical and empirical analyses of how the non-legally-binding policies originating from COVID-19 affect people's going-out behavior. The theoretical analysis assumes that under a declared state of emergency, the individual going out suffers psychological costs...
Persistent link: https://www.econbiz.de/10015214025
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On Discounted Dynamic Programming with Unbounded Returns
Matkowski, Janusz; Nowak, Andrzej S. - 2008
In this paper, we apply the idea of $k$-local contraction of \cite{zec, zet} to study discounted stochastic dynamic programming models with unbounded returns. Our main results concern the existence of a unique solution to the Bellman equation and are applied to the theory of stochastic optimal...
Persistent link: https://www.econbiz.de/10015214179
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A note about credit rationing on research and development
Fiaschi, Alessandro - 2008
This note develops an overlapping generations model with credit rationing on research and development, in which both are determined simultaneously and endogenously. The model provides a useful tool to examine different policies that may help alleviate the negative effect of �financial...
Persistent link: https://www.econbiz.de/10015214631
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Sticky Information and Price Controls: Evidence from a Natural Experiment
Sayag, Doron; Snir, Avichai; Levy, Daniel - 2025
We test the predictions of the sticky information model using a survey dataset by comparing the shoppers’ accuracy in recalling the prices of regulated and comparable unregulated products. Regulated product prices change less frequently, vary less across stores and between brands, and are sold...
Persistent link: https://www.econbiz.de/10015214769
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Self-restraint behavior under COVID-19 through stigma: Theory and evidence based on mobility data
Katafuchi, Yuya; Kurita, Kenichi; Managi, Shunsuke - 2020
This study conducts both theoretical and empirical analyses of how the non-legally-binding policies originating from COVID-19 affect people's going-out behavior. The theoretical analysis assumes that under a declared state of emergency, the individual going out suffers psychological costs...
Persistent link: https://www.econbiz.de/10015215034
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Evolution Heritable Risk, and Skewness Loving
Heller, Yuval; Robson, Arthur - 2019
Our understanding of risk preferences can be sharpened by considering their evolutionary basis. Recently, Robatto and Szentes (2017) found that both aggregate risk and idiosyncratic risk generate the same growth rate in a continuous time setting. We introduce a new source of risk, which is...
Persistent link: https://www.econbiz.de/10015215075
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The Long-run Effects of Household Liquidity Constraints and Taxation on Fertility, Education, Saving and Growth
Papagni, Erasmo - 2008
finance their education investment. The government provides education subsidies to young adult parents and levies taxes on … capital investment. From model simulation, we derive an inverted U-shaped curve relating the borrowing limit with fertility … education investments and growth. Numerical simulations show that a) human capital investment has an inverted U-shaped relation …
Persistent link: https://www.econbiz.de/10015215288
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Retirement Plan Participation in the United States: Do Public Sector Employees Save More?
Chatterjee, Swarn; Zahirovic-Herbert, Velma - 2009
This study examines retirement plan participation and savings behavior for American public and private sector employees using the Panel Study of Income Dynamics (PSID) data set. This paper also examines the determinants of preference for a diversified portfolio within the retirement plans. The...
Persistent link: https://www.econbiz.de/10015215740
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Measuring intertemporal substitution: The role of durable goods
Reinhart, Carmen; Ogaki, Masao - 1995
As pointed out by Hall (1988), intertemporal substitution by consumers is a central element of many modern macroeconomic and international models. For example, many of the policy implications of an endogenous growth model studied by Barro (1990) depends on the assumption that the intertemporal...
Persistent link: https://www.econbiz.de/10015215836