Zobrazeno 1 - 10
of 72
pro vyhledávání: '"Thomas R. Saving"'
Publikováno v:
Public Finance Review. 49:41-70
The standard approach to evaluating a long-term project is to use the social rate of time preference to discount the benefits and costs of future generations. A difficulty with this approach is that there is no consensus on the values of the required
Publikováno v:
Journal of Risk and Uncertainty. 56:289-305
Contests by their very nature involve risk, winning and losing are both possible, and the gain from winning can itself be uncertain. The participants in a contest use resources to increase their chance of winning. The main focus of this analysis is o
Publikováno v:
The Quarterly Review of Economics and Finance. 64:228-237
We constructed two theoretical models both of which predict that the federal fund surplus decreases, by an amount less than dollar-for-dollar, in response to an increase in the trust fund surplus. While this prediction is consistent with the empirica
Autor:
Thomas R Saving
The Federal Reserve System, created in the early 20th century, is now more than a hundred years old. This book takes the reader through the founding and first century of Federal Reserve monetary policy, and uses the analysis of the past to address th
Publikováno v:
Journal of Economic Behavior & Organization. 120:94-103
We intend to explain the phenomena of voluntary disclosure of a discriminated against characteristic by a worker in the labor market (or a relationship seeker in the relationship market). We assume that there are two types of employers (or relationsh
Publikováno v:
The Journal of Retirement. 3:50-66
Using a simple expected utility function, we derive discount-rate adjustments for uncertain future expenditures (costs) and revenues (benefits). We apply these results to the individual’s valuation of the Social Security contract, to aggregate meas
Publikováno v:
Economics Bulletin. 32(1):51-58
This paper models the midlife crisis as a decision on whether and when to realize a life dream, incorporating the key components of three psychology theories of midlife crises. It explains why a crisis (dream realization) tends to occur in the midlif
Publikováno v:
Medical Decision Making. 32:488-497
In addition to incurring direct treatment costs and generating direct health benefits that improve longevity and/or health-related quality of life, medical interventions often have further or “unrelated” financial and health impacts, raising the
Publikováno v:
International Journal of Health Care Finance and Economics. 11:101-113
This paper analyzes the welfare gain from replacing the tax exclusion of employer-provided health insurance with a lump-sum tax credit. It differs from earlier studies in that we look at the welfare cost of health insurance tax exclusion as coming di
Publikováno v:
Journal of Risk and Uncertainty. 38:159-172
Self-protection can be financed either by upfront payments or by conditional payments (or contingent fees) in which individuals pay a provider only when a favorable outcome is realized. We find that, from the vantage point of a risk-averse individual