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Displaying results 1 to 4 of 4.

  1. Income expectations, limited liquidity, and anomalies in intertemporal choice
    Author: Epper, Thomas
    Published: Aug 2015
    Publisher:  School of Economics and Political Science, Department of Economics, University of St.Gallen, St. Gallen

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper / Universität St. Gallen, School of Economics and Political Science, Department of Economics ; no. 2015, 19 (August 2015)
    Subjects: Time Preferences; Intertemporal Choice; Hyperbolic Discounting; Magnitude Effect; Sign Effect; Stationarity; Time Inconsistency; Expectations; Liquidity Constraints
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
    Notes:

    "Previous version of this manuscript circulated under the title “Rational Planners or Myopic Fools? Liquidity Constraints, Positive Expectations and Anomalies in Intertemporal Choice” (October 19, 2010)." - Seite 1
  2. Self-employment, wealth and start-up costs
    evidene from a financial crisis
    Author: Elitcha, Koffi; Fonseca, Raquel
    Published: September 2016
    Publisher:  CIRANO, Centre interuniversitaire de recherche en analyse des organisations, Montréal

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Scientific series / CIRANO, Centre interuniversitaire de recherche en analyse des organisations ; 2016s-51
    Subjects: Self-Employment; Occupational Choice; Wealth; Liquidity Constraints; Start-up Costs; Financial Crisis
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  3. The value of unemployment insurance: liquidity vs. insurance value
    Author: Hernandez Martinez, Victor; Liu, Kaixin
    Published: [2022]
    Publisher:  Federal Reserve Bank of Cleveland, [Cleveland, OH]

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 36
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: Federal Reserve Bank of Cleveland working paper series ; no. 22, 16 (May 2022)
    Subjects: Unemployment Insurance; Liquidity Constraints; Consumption Smoothing
    Scope: 1 Online-Ressource (circa 95 Seiten), Illustrationen
  4. Why do parents under invest in their children's education?
    evidence from China
    Author: Wang, Jiyuan; Alessie, Rob; Angelini, Viola
    Published: 2022
    Publisher:  Global Labor Organization (GLO), Essen

    In this paper we study whether the presence of binding liquidity constraints and the existence of fixed costs can explain the underinvestment of parents in their children's human capital. We first incorporate these two potential mechanisms into the... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    In this paper we study whether the presence of binding liquidity constraints and the existence of fixed costs can explain the underinvestment of parents in their children's human capital. We first incorporate these two potential mechanisms into the theoretical model of Raut & Tran (2005) and then we test their empirical relevance using data from the China Health and Retirement Longitudinal Study (CHARLS). Our results show that especially fixed costs play an important role in explaining human capital underinvestment.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/249054
    Series: GLO discussion paper ; no. 1027
    Subjects: Two-Sided Altruism; Human Capital; Liquidity Constraints; Fixed Costs
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen