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Growth theory under heterogeneous heuristic behavior

Gomes, Orlando - In: Journal of evolutionary economics 31 (2021) 2, pp. 533-571

Persistent link: https://www.econbiz.de/10012584744

The political economy of stability maintenance under Xi Jinping

Dimitrov, Martin K.; Zhang, Zhu - In: China's political economy in the Xi Jinping epoch : …, (pp. 127-162). 2021

Persistent link: https://www.econbiz.de/10012592614

Public Investment, Public Finance, and Growth : The Impact of Distortionary Taxation, Recurrent Costs, and Incomplete Appropriability

Adam, Christopher - 2014

maintenance (O&M) expenditures are sufficient to sustain the flow of productive public capital services to private factors of … production. Building on the model of Buffie et al (2012), this paper explores the macroeconomic implications of this recurrent …

Persistent link: https://www.econbiz.de/10014411214

Can the Representativeness Heuristic Explain the Asset Growth Anomaly?

He, Miao; Kapadia, Nishad; Tice, Sheri - 2021

We find that the low average returns to firms with high asset growth are consistent with two key implications of models of diagnostic investor expectations (e.g., Bordalo, Gennaioli, La Porta, and Shleifer, 2019) that formalize the representativeness heuristic of Kahneman and Tversky (1972)....

Persistent link: https://www.econbiz.de/10013249516