Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10011606745
Persistent link: https://www.econbiz.de/10011607741
Persistent link: https://www.econbiz.de/10012004688
Persistent link: https://www.econbiz.de/10011783846
Persistent link: https://www.econbiz.de/10011977180
Inattention is a central, unifying theme for much of behavioral economics. It permeates such disparate fields as microeconomics, macroeconomics, finance, public economics, and industrial organization. It enables us to think in a rather consistent way about behavioral biases, speculate about...
Persistent link: https://www.econbiz.de/10012453617
A number of consequences emerge. (i) Fiscal stimulus or \helicopter drops of money" are powerful and, indeed, pull the economy out of the zero lower bound. More generally, the model allows for the joint analysis of optimal monetary and fiscal policy. (ii) The Taylor principle is strongly...
Persistent link: https://www.econbiz.de/10012455726
Persistent link: https://www.econbiz.de/10011348995
Persistent link: https://www.econbiz.de/10011441322
"Agents with more experience make better choices. We measure learning dynamics using a panel with four million monthly credit card statements. We study add-on fees, specifically cash advance, late payment, and overlimit fees. New credit card accounts generate fee payments of $15 per month....
Persistent link: https://www.econbiz.de/10003660652