Similar Search Results

Consumption and asset prices with homothetic recursive preferences

Fisher, Mark; Gilles, Christian - 1999

When preferences are homothetic, utility can be expressed in terms of current consumption and a variable that captures all information about future opportunities. We use this observation to express the differential equation that characterizes utility as a restriction on the information variable...

Persistent link: https://www.econbiz.de/10010397480

Asymmetric shocks among U.S. states

Del Negro, Marco - 2000

This paper applies a factor model to the study of risk sharing among U.S. states. The factor model makes it possible to disentangle movements in output and consumption due to national, regional, or state-specific business cycles from those due to measurement error. The results of the paper...

Persistent link: https://www.econbiz.de/10010397548

Consumption and asset prices with recursive preferences: Continuous-time approximations to discrete-time models

Fisher, Mark - 1999

This paper presents tractable and efficient numerical solutions to general equilibrium models of asset prices and consumption where the representative agent has recursive preferences. It provides a discrete-time presentation of the approach of Fisher and Gilles (1999), treating continuous-time...

Persistent link: https://www.econbiz.de/10010397550

An intertemporal model of consumption and portfolio allocation

Andersson, Hans; Ramamurtie, B. Sailesh; Ramaswami, Bharat - 1995

be interpreted as either a wage income stream or a stochastic endowment flow. We obtain a complete and original solution …

Persistent link: https://www.econbiz.de/10010397569

Social pensions and intimate partner violence against older women

Bellés-Obrero, Cristina; La Mattina, Giulia; Ye, Han - 2024

to income on IPV for older women. We leverage a Mexican reform that lowered the eligibility age for a non …

Persistent link: https://www.econbiz.de/10015189303

Perception of sources of private wealth: A qualitative study of perceptive schemes of Western and Eastern Bloc students

Pietrzak, Joanna - In: International Journal of Management and Economics 57 (2021) 2, pp. 138-150

Over the recent years, money has become one of the most compelling topics in modern societies. Consequently, financial literacy turns out to be an indispensable ability in today's complex reality. Numerous studies reveal that the level of financial literacy is dependent on the socio-economic...

Persistent link: https://www.econbiz.de/10015192216

The anatomy of marital happiness

Peltzman, Sam - 2025

education, income) and more. I find little variety and thereby surface a notable regularity in US socio demography: there is a …

Persistent link: https://www.econbiz.de/10015209845

What Shapes Satisfaction with Democracy? Interests, Morals, and the German East–West Divide

Welsch, Heinz - In: Social Indicators Research 163 (2022) 1, pp. 197-217

Thirty years after reunification, East and West Germany are still characterized by a considerable difference in satisfaction with democracy (SWD). This paper proposes and tests a model which assumes SWD to be shaped by the interests (economic and cultural) and moral values individuals demand to...

Persistent link: https://www.econbiz.de/10015209904

Does money change who you are? Quasi-experimental evidence on the effects of wage increases on personality

Ayaita, Adam - 2022

Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as an instrument for the relative increase in the worker's...

Persistent link: https://www.econbiz.de/10013347613

Incomplete Catching Up: Income among Manchurian, Yi and Han People in Rural China from 2002 to 2018

Gustafsson, Björn Anders; Zhang, Yudan - 2022

Household income per capita among the rural Yi, Manchurian ethnic minority groups and the Han majority is studied using … data from the China Household Income Project 2002, 2013 and 2018. The disparity in total per capita income between the Yi … and Han populations narrowed, while the average income among the Manchurian population remained relatively similar to that …

Persistent link: https://www.econbiz.de/10013351758