Zobrazeno 1 - 10
of 12
pro vyhledávání: '"aversión a la pérdida"'
Autor:
R. Renu Isidore, P. Christie
Publikováno v:
Journal of Economics Finance and Administrative Studies (22180648) vol. 24 Issue 47 (2019)
ESAN-Institucional
Universidad ESAN
instacron:ESAN
Journal of Economics Finance and Administrative Science, Vol 24, Iss 47, Pp 127-144 (2019)
The bi-annual academic publication of Universidad ESAN; Vol 24, No 47 (2019): Journal of Economics, Finance and Administrative Science
Journal of Economics Finance and Administrative Studies; Vol 24, No 47 (2019): Journal of Economics, Finance and Administrative Science
Revistas Universidad ESAN
ESAN-Institucional
Universidad ESAN
instacron:ESAN
Journal of Economics Finance and Administrative Science, Vol 24, Iss 47, Pp 127-144 (2019)
The bi-annual academic publication of Universidad ESAN; Vol 24, No 47 (2019): Journal of Economics, Finance and Administrative Science
Journal of Economics Finance and Administrative Studies; Vol 24, No 47 (2019): Journal of Economics, Finance and Administrative Science
Revistas Universidad ESAN
Purpose – The purpose of this paper is to test the relationship between the annual income earned by the investors and eight behavioural biases exhibited by the investors such as mental accounting, anchoring, gambler’s fallacy, availability, loss
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::eb1817cdd462adb3906cc812c3279b5f
https://hdl.handle.net/10419/253769
https://hdl.handle.net/10419/253769
Autor:
Tait, Veronika, Miller, Jr., Harold L
Publikováno v:
International Journal of Psychological Research, Volume: 12, Issue: 2, Pages: 16-8, Published: DEC 2019
The sunk-cost fallacy (SCF) occurs when an individual makes an investment with a low probability of a payoff because an earlier investment was made. The investments may be time, effort, or money. Previous researchers showed that larger prior investme
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______618::20129d5b7e9050debc02d2ce038e9e7c
http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S2011-20842019000200008&lng=en&tlng=en
http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S2011-20842019000200008&lng=en&tlng=en
Autor:
Veronika Tait, Harold L. Miller
Publikováno v:
International Journal of Psychological Research, Vol 12, Iss 2 (2019)
International Journal of Psychological Research
International Journal of Psychological Research
espanolLa falacia del costo irrecuperable (SCF, por sus siglas en ingles) se produce cuando una persona realiza una inversion con una baja probabilidad de pago porque se realizo una inversion anterior. Las inversiones pueden ser tiempo, esfuerzo o di
Publikováno v:
Repositorio UN
Universidad Nacional de Colombia
instacron:Universidad Nacional de Colombia
Universidad Nacional de Colombia
instacron:Universidad Nacional de Colombia
Tanto los choques económicos negativos, como las experiencias de vida que comúnmente son acompañadas por estos, suelen estar asociados con comportamientos contraproducentes y la toma de peores decisiones en quienes son expuestos a estos. La asocia
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::5a2284d651744d4abbf02cd9e80a65f0
https://repositorio.unal.edu.co/handle/unal/76268
https://repositorio.unal.edu.co/handle/unal/76268
Autor:
JOSE ALBERTO MIRANDA CAMPOS
Publikováno v:
Universidad Autónoma Metropolitana
UAM
Repositorio Institucional de la UAM Iztapalapa
UAM
Repositorio Institucional de la UAM Iztapalapa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a6f03bf1f91b5567c0d1f8eb23266303
https://doi.org/10.24275/uami.np193917x
https://doi.org/10.24275/uami.np193917x
Autor:
Claudia Emiko Yoshinaga, Eduardo Pozzi Lucchesi, Francisco Henrique Figueiredo de Castro Junior
Publikováno v:
RAE: Revista de Administração de Empresas, Vol 55, Iss 1, Pp 26-37 (2015)
Revista de Administração de Empresas, Volume: 55, Issue: 1, Pages: 26-37, Published: FEB 2015
Revista de Administração de Empresas v.55 n.1 2015
Revista de Administração de Empresas
Fundação Getulio Vargas (FGV)
instacron:FGV
Revista de Administração de Empresas, Volume: 55, Issue: 1, Pages: 26-37, Published: FEB 2015
Revista de Administração de Empresas v.55 n.1 2015
Revista de Administração de Empresas
Fundação Getulio Vargas (FGV)
instacron:FGV
The disposition effect predicts that investors tend to sell winning stocks too soon and ride losing stocks too long. Despite the wide range of research evidence about this issue, the reasons that lead investors to act this way are still subject to mu
Autor:
Viegas, Ricardo G, Oliveira, Armando M
Publikováno v:
Universitas Psychologica, Volume: 15, Issue: 3, Pages: 1-14, Published: SEP 2016
The curvature of the value/utility function has been understood, since D. Bernouilli, as the expression of an attitude towards risk. This perspective was kept in such influential theories of judgment and decision as Prospect Theory, in both its origi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______618::3533330c063cc3e135ba5bea804f1844
http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S1657-92672016000300006&lng=en&tlng=en
http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S1657-92672016000300006&lng=en&tlng=en
Autor:
Gómez Muñoz, Wilman Arturo
Publikováno v:
Belaire-Franch and Contreras (2003). “An assessment of international business cycle asymmetries using Clements and Krolzig's Parametric approach”. Studies in nonlinear dynamics and econometrics. Volume 6, issue 4.
Bullard, James and Singh,Aarti (2009). Learning and the Great Moderation. Federal Reserve Bank of St. Louis and University of Sydney respectively
Clements, Michael and Krolzig, Hans-Martin (2003) Business Cycle Asymmetries: Characterisation and Testing based on Markov-Switching Autoregressions, Journal of business and economic statistics, American Statistical Association, vol. 21(1), pp. 196-211, January
Davig, Troy and Leeper, Eric M. (2005). Fluctuating macro policies and the fiscal theory. NBER WP, 11212.
Eo, Yunjong (2009).Bayesian Analysis of DSGE Models with Regime Switching. Department of Economics Washington University in St. Louis, Job Market Paper. This Draft: February 11, 2009.
Gefang and Strachan (2010). Nonlinear impacts of international business cycles on the U.K.-A bayesian smooth transition VAR approach. Studies in nonlinear dynamics and econometrics. Volume 14, issue 1.
Karagedikli, Özer; Matheson, Troy; Smith, Christie and Vahey, Shaun P. (2007). RBCs and DSGEs: The Computational Approach to Business Cycle Theory and Evidence. Reserve bank of Newzeland.
Knüppel, Malte (2014). Can Capacity Constraints Explain Asymmetries of the Business Cycle? Macroeconomic Dynamics, 18, pp.65-92.
Li, Shunyun May and Dressler, Scott (2011). Business cycle asymmetry via occacionally binding international borrowing constraints. Journal of Macroeconomics, No. 33. pp.33-41.
Neftci (1984): “are economic time series asymmetric over the business cycle?” in the journal of political economia, vol 92, No.2, apr.1984.
Pytlarczyk, Ernest (2005). An Estimated DSGE Model for the German Economy within the Euro Area.
Sichel, D. (1993). Business cycle asymmetry. Economic Inquiry, 31:224-236.
Tristani, Oreste and Amisano, Gianni (2010). Anonlinear DSGE modelof the term structure with regime shifts. 2010 meeting papers 234, Society for Econmic Dynamics.
Valderrama, Diego (2002). Nonlinearities in international business cycles. Working paper-2002-23. Federal Reserve Bank of San Fransisco.
Valderrama, Diego (2007). Statistical nonlinearities in the business cycle: a challenge for the canonical RBC model. Journal of Economic dynamics and control (2007). 31, pp. 2957-2983.
Abel, Andrew B; and Eberly, Janice C. (1994). A unified model of investment under uncertainty. The American Economic Review. Vol. 84, No. 5, December. Oo. 1369-1384.
Stéphane Adjemian, Houtan Bastani, Michel Juillard, Ferhat Mihoubi, George Perendia, Marco Ratto and Sébastien Villemot (2011), “Dynare: Reference Manual, Version 4,” Dynare Working Papers, 1, CEPREMAP
Amisano, Gianni and Tristani, Oreste (2008). A DSGE model of the term structure with regime shifts.
An, Sungbae and Schorfheide,Frank (2007). BAYESIAN ANALYSIS OF DSGE MODELS. Econometric Reviews, 26 (2-4): Pp. 113-172
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (2006a). Lumpy investment in dynamic general equilibrium. Cowles foundation discussion paper No.1566. June 2006.
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (200ba). Aggregate implications of lumpy investment: new evidence and a DSGE model. NBER working paper 12336, june 2006.
Barseghyan, Levon, Molinari, Francesca, O'Donoghue, Ted and Teitelbaum, Joshua (2010). The nature of risk preferences: evidence from insurance choices. July 21 2010.
Caballero, Ricardo J. and Engel, Eduardo (1991). Dynamic (S,s) economies. Econometrica, vol59, No.6, november. Pp. 1659-1686.
Caballero, Ricardo J. and Engel, Eduardo (1994). Explaining investment dynamics in U.S, manufacturin: a generalized (S.s) approach. NBER Working Paper 4887
Caballero, Ricardo J., Engel, Eduardo and Haltiwanger, John C. (1995). Plant-level adjustment and aggregate investment dynamics. Brookings papers on economic activity, vol. 1995, No. 2. Pp 1-54.
Cooper, Russell W. and Haltiwanger, John C. (2000). On the nature of capital adjustment costs. NBER Working Paper 7925.
Doms, Mark and Dunne, Timothy (1998). Capital adjustment patterns in manufacturing plants. Review of economic dynamics 1, pp.409-429.
Hamermesh, D.S., Pfann, G.A. (1996). Turnover and the dynamics of labor demand. Economica 63, 359-368.
Jaramillo, F., Shciantarelli, F., Sembenelli, A. (1993). Are adjustment costs for labor asymmetric? An econometric test on panel data for Italy. Review of economics and statistics 75, 640-648.
Jordà, Òscar (2005). Estimation and inference of impulse responses by local projections. The american economic review, Vol.95, No. 1, pp.161-183.
Khan, Aubhik and Thomas, Julia K. (2003). Nonconvex factor adjustments in equilibrium business cycle models: do nonlinearities matter? Journal of Monetary Economics 50, pp 331-360.
Khan, Aubhik and Thomas, Julia K. (2004). Idionsyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics. Federal Reserve Bank of Minneapolis, Research Department Staff Report 352.
King, Robert G., Ploseer, Charles I., and Rebelo, Sergio T. (1988). Production, Growth and business cycles. I the Basic Neoclassical Model. Journal of Monetary Economics, 21, pp. 195-232, North-Holland.
Koop, Gary; Pesaran, M. Hasem; and Potter, Simon M. (1996). Impulse response analysis in nonlinear multivariate models. Journal of Econometrics, 74, pp. 119-147.
Maliar, Lilia and Serguei (2003.) Parameterized Expectations Algorithm and the Moving Bounds. Journal of Busuness and Economic Statistics. Juanuary, Vol. 21, No. 1.
Marcet, A. and Marshall, D. A. (1994). solving nonlinear rational expectations models by parameterized expectations: convergence and stationary solutions. Economics Working paper 76.
Marcet, A. and Lorenzoni, G. (2001). Parameterized Expectations Approach; some practical issues. Chapter book in: Computational methods for the study of dynamic economies. Edited by Ramon Marimon and Adrew Scott. Oxford University Press.
Miao, Jianjun and Wang, pengfei (2009). Does lumpy investment matter for business cycles? Working paper.
Obstfeld, Maurice and Kenneth, Rogoff (1996). Foundations of International Macroeconomics. The MIT Press.
Pfann, G.A., Palam, F.C., (1993). Asymmetric adjustment costs in nonlinear labour demand models for the Netherlands and U.K. manufacturing sectors. Review of Economic Studies 60, 297-312.
Palm, Franz C. and Pfann, Gerard A. (1997). Sources of asymmetry in production factor dynamics. Journal of Econometrics, 82, pp.361-392
Thomas, Julia K. (2002). Is lumpy investment relevant for the business cycle? Federal Reserve Bank of Minneapolis, Research Department Staff Report 302. March 2002.
Veracierto, Marcelo L. (2002). Plant-level irreversible investment and equilibrium business cycles. The American Economic Review. Vol 92,No 1.
Andries, Marianne (2011). Consupmtion-based asset pricing with loss aversion. Chicago booth school of business, PhD student.
Booij, A. S., G. van de Kuilen. 2006. A parameter-free analysis of the utility of money for the general population under prospect theory. Working paper, University of Amsterdam, Amsterdam, The Netherlands.
Bowman, David, Minehart, Deborah and Rabin, Matthew (1999). Loss aversion in a consumption-savings model. Journal of economic behavior and organization. Vol. 38, pp.155-178.
Carrol, Christopher D. and Weil, David N. (2000). Saving and Growth with Habit Formation. American Economic Review.
Gaffeo, Edoardo, Pretella, Ivan, Pjajfar, Damjan and Santoro, Emiliano (2010). Loss-aversion and the transmission of monetary policy.
Flavin, Marjorie (1991). The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation. National Bureau of Economic Research (Cambridge, MA), Working Paper No. 3802, August.
Foellmi, Reto, Rosenblatt-Wisch. Rina and Schenk-Hoppé, Klauss Reiner (2010). Consumption paths under prospects utility in an optimal growth model. Discussion papers, august 2010.
Grinblatt, M., and M. Keloharju. “What Makes Investors Trade?” Journal of Finance, 56 (2001), 589-616.
Han, Bing and Hsu; Jason (2004). Prospect theory and its applications in finance. Recovered from file:///C:/Users/138560/Downloads/00b7d532f328fbb5ae000000.pdf
Heath, C., Huddart, S., Lang, M., 1999. Psychological factors and stock option exercise. Quarterly Journal of Economics 114, 601–627. Benartzi, S., Thaler, R.H., 1995. Myopic loss aversion and the equity premium puzzle. Quarterly Journal of Economics 110, 73–92.
Kahneman, Daniel and Tversky, Amos (1979). Prospect theory: an analysis of decision under risk. Econometrica, vol. 47, No. 2, mar.1979, pp. 263-292.
Kavkler, Alenka; Mikek, Peter; Böhm, Bernhard and Borsic, Darja (undated document). Nonlinear econometríc models: the smooth transition regression approach.
King, Robert, Plosser, Charles and Rebelo, Sergio (2001). Production, growth and business cycles: technical appendix, june 6.
Köbberling, Veronika and Wakker, Peter P. (2005). An index of loss aversion. Journal of economic theory, 122. pp. 119-131.
Koszegi, Botond and Rabin, Matthew (2006). A model of reference-dependent preferences. The quarterly journal of economics. Vol. CXXI November 2006 Issue 4. pp. 1133-1165.
Mehra, Rajnish and Prescott, Edward C. (1985). “The equity premium”: A puzzle. Journal of Monetary Economics, XV. pp145-162.
Odean, T. (1998): “Are Investors Reluctant to Realize Their Losses?,” Mimeo, UC Davis.
Rosenblatt-Wisch. Rina (2005). Optimal capital accumulation in a stochastic growth model under loss aversion. Working paper 222, National centre of competence in research, financial valuation and risk management. September.
Rosenblatt-Wisch. Rina (2008). Loss aversion in aggregate macroeconomic time series. European economic review, 52, pp. 1140-1159.
Shea, J., 1995a. Union contracts and the life-cycle/permanent-income hypothesis. American Economic Review 85, 186-200.
Shapira, Z., and I. Venezia. “Patterns of Behavior of Professionally Managed and Independent Investors.” Journal of Banking and Finance, 25 (2001), 1573-1587.
Tversky, Amos and Kahneman, Daniel (1992). Advances in prospect theory: Cumulative representation of uncertainty. Journal of risk and uncertainty, 5:279-323.
Zeldes, S.P. (1989), Consumption and liquidity constraints: an empirical investigation, Journal of Political Economy 97(2):305-46.
Baxter, M. and Farr, Dorsey D. (2005). Variable capital utilization and international business cycles. Journal of International Economics, 65. pp. 335-347.
Christiano, Lawrence J., Eichenbaum, Martin and Evans, Charles L. (2005). Nominal rigidities and the dynamic effects of a shock to monetary policy. Journal of Political Economy. vol. 113, no. 1.
Eliasson, Ann-Charlotte (1999). Is the short-run Phillips curve nonlinear? Empirical evidence for Australia, Sweden and the United states. Stockholm School of Economics, Department of Economics Statistics.
Flaschel, Peter; Gong, Gang; Semmler,Willi (2003). Nonlinear Phillips Curve and Monetary Policy in a Keynesian Macroeconometric Model. Center for empirical macroeconomics, Working paper #18.
Goffinet, Pierre; Ryoishi, Hayashi and Sisi, Yuan (2003). A Dynare simulation of a dynamic general equilibrium model of the euro area. Mimeo, 20 June.
Gómez, Javier and Julio, Juan Manuel (2000). An estimation of the nonlinear Phillips curve in Colombia. Borradores de Economía 160, january. Banco de la República de Colombia.
Huh, Hyeon-seung (2009). Nonlinear Phillips curve, NAIRU and monetary policy rules. Yonsei University, Department of Economics. Recovered from: http://www.apeaweb.org/confer/hito05/papers/huh.pdf
López, Enrique and Misas, Martha (1999). Un examen empírico de la curva de Phillips en Colombia. Borradores de Economía “117, Banco de la República, Colombia.
Pyyhtiä, Ilmo (1999). The Nonlinearity of the Phillips Curve and European Monetary Policy. BANK OF FINLAND DISCUSSION PAPERS 17/1999.
Smets, Frank and Wouters, Raf (2003). An estimated dynamic stochastic general equilibrium model of the euro area. Journal of the European Economic association. September, 1(5):1123--1175.
Repositorio EdocUR-U. Rosario
Universidad del Rosario
instacron:Universidad del Rosario
Bullard, James and Singh,Aarti (2009). Learning and the Great Moderation. Federal Reserve Bank of St. Louis and University of Sydney respectively
Clements, Michael and Krolzig, Hans-Martin (2003) Business Cycle Asymmetries: Characterisation and Testing based on Markov-Switching Autoregressions, Journal of business and economic statistics, American Statistical Association, vol. 21(1), pp. 196-211, January
Davig, Troy and Leeper, Eric M. (2005). Fluctuating macro policies and the fiscal theory. NBER WP, 11212.
Eo, Yunjong (2009).Bayesian Analysis of DSGE Models with Regime Switching. Department of Economics Washington University in St. Louis, Job Market Paper. This Draft: February 11, 2009.
Gefang and Strachan (2010). Nonlinear impacts of international business cycles on the U.K.-A bayesian smooth transition VAR approach. Studies in nonlinear dynamics and econometrics. Volume 14, issue 1.
Karagedikli, Özer; Matheson, Troy; Smith, Christie and Vahey, Shaun P. (2007). RBCs and DSGEs: The Computational Approach to Business Cycle Theory and Evidence. Reserve bank of Newzeland.
Knüppel, Malte (2014). Can Capacity Constraints Explain Asymmetries of the Business Cycle? Macroeconomic Dynamics, 18, pp.65-92.
Li, Shunyun May and Dressler, Scott (2011). Business cycle asymmetry via occacionally binding international borrowing constraints. Journal of Macroeconomics, No. 33. pp.33-41.
Neftci (1984): “are economic time series asymmetric over the business cycle?” in the journal of political economia, vol 92, No.2, apr.1984.
Pytlarczyk, Ernest (2005). An Estimated DSGE Model for the German Economy within the Euro Area.
Sichel, D. (1993). Business cycle asymmetry. Economic Inquiry, 31:224-236.
Tristani, Oreste and Amisano, Gianni (2010). Anonlinear DSGE modelof the term structure with regime shifts. 2010 meeting papers 234, Society for Econmic Dynamics.
Valderrama, Diego (2002). Nonlinearities in international business cycles. Working paper-2002-23. Federal Reserve Bank of San Fransisco.
Valderrama, Diego (2007). Statistical nonlinearities in the business cycle: a challenge for the canonical RBC model. Journal of Economic dynamics and control (2007). 31, pp. 2957-2983.
Abel, Andrew B; and Eberly, Janice C. (1994). A unified model of investment under uncertainty. The American Economic Review. Vol. 84, No. 5, December. Oo. 1369-1384.
Stéphane Adjemian, Houtan Bastani, Michel Juillard, Ferhat Mihoubi, George Perendia, Marco Ratto and Sébastien Villemot (2011), “Dynare: Reference Manual, Version 4,” Dynare Working Papers, 1, CEPREMAP
Amisano, Gianni and Tristani, Oreste (2008). A DSGE model of the term structure with regime shifts.
An, Sungbae and Schorfheide,Frank (2007). BAYESIAN ANALYSIS OF DSGE MODELS. Econometric Reviews, 26 (2-4): Pp. 113-172
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (2006a). Lumpy investment in dynamic general equilibrium. Cowles foundation discussion paper No.1566. June 2006.
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (200ba). Aggregate implications of lumpy investment: new evidence and a DSGE model. NBER working paper 12336, june 2006.
Barseghyan, Levon, Molinari, Francesca, O'Donoghue, Ted and Teitelbaum, Joshua (2010). The nature of risk preferences: evidence from insurance choices. July 21 2010.
Caballero, Ricardo J. and Engel, Eduardo (1991). Dynamic (S,s) economies. Econometrica, vol59, No.6, november. Pp. 1659-1686.
Caballero, Ricardo J. and Engel, Eduardo (1994). Explaining investment dynamics in U.S, manufacturin: a generalized (S.s) approach. NBER Working Paper 4887
Caballero, Ricardo J., Engel, Eduardo and Haltiwanger, John C. (1995). Plant-level adjustment and aggregate investment dynamics. Brookings papers on economic activity, vol. 1995, No. 2. Pp 1-54.
Cooper, Russell W. and Haltiwanger, John C. (2000). On the nature of capital adjustment costs. NBER Working Paper 7925.
Doms, Mark and Dunne, Timothy (1998). Capital adjustment patterns in manufacturing plants. Review of economic dynamics 1, pp.409-429.
Hamermesh, D.S., Pfann, G.A. (1996). Turnover and the dynamics of labor demand. Economica 63, 359-368.
Jaramillo, F., Shciantarelli, F., Sembenelli, A. (1993). Are adjustment costs for labor asymmetric? An econometric test on panel data for Italy. Review of economics and statistics 75, 640-648.
Jordà, Òscar (2005). Estimation and inference of impulse responses by local projections. The american economic review, Vol.95, No. 1, pp.161-183.
Khan, Aubhik and Thomas, Julia K. (2003). Nonconvex factor adjustments in equilibrium business cycle models: do nonlinearities matter? Journal of Monetary Economics 50, pp 331-360.
Khan, Aubhik and Thomas, Julia K. (2004). Idionsyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics. Federal Reserve Bank of Minneapolis, Research Department Staff Report 352.
King, Robert G., Ploseer, Charles I., and Rebelo, Sergio T. (1988). Production, Growth and business cycles. I the Basic Neoclassical Model. Journal of Monetary Economics, 21, pp. 195-232, North-Holland.
Koop, Gary; Pesaran, M. Hasem; and Potter, Simon M. (1996). Impulse response analysis in nonlinear multivariate models. Journal of Econometrics, 74, pp. 119-147.
Maliar, Lilia and Serguei (2003.) Parameterized Expectations Algorithm and the Moving Bounds. Journal of Busuness and Economic Statistics. Juanuary, Vol. 21, No. 1.
Marcet, A. and Marshall, D. A. (1994). solving nonlinear rational expectations models by parameterized expectations: convergence and stationary solutions. Economics Working paper 76.
Marcet, A. and Lorenzoni, G. (2001). Parameterized Expectations Approach; some practical issues. Chapter book in: Computational methods for the study of dynamic economies. Edited by Ramon Marimon and Adrew Scott. Oxford University Press.
Miao, Jianjun and Wang, pengfei (2009). Does lumpy investment matter for business cycles? Working paper.
Obstfeld, Maurice and Kenneth, Rogoff (1996). Foundations of International Macroeconomics. The MIT Press.
Pfann, G.A., Palam, F.C., (1993). Asymmetric adjustment costs in nonlinear labour demand models for the Netherlands and U.K. manufacturing sectors. Review of Economic Studies 60, 297-312.
Palm, Franz C. and Pfann, Gerard A. (1997). Sources of asymmetry in production factor dynamics. Journal of Econometrics, 82, pp.361-392
Thomas, Julia K. (2002). Is lumpy investment relevant for the business cycle? Federal Reserve Bank of Minneapolis, Research Department Staff Report 302. March 2002.
Veracierto, Marcelo L. (2002). Plant-level irreversible investment and equilibrium business cycles. The American Economic Review. Vol 92,No 1.
Andries, Marianne (2011). Consupmtion-based asset pricing with loss aversion. Chicago booth school of business, PhD student.
Booij, A. S., G. van de Kuilen. 2006. A parameter-free analysis of the utility of money for the general population under prospect theory. Working paper, University of Amsterdam, Amsterdam, The Netherlands.
Bowman, David, Minehart, Deborah and Rabin, Matthew (1999). Loss aversion in a consumption-savings model. Journal of economic behavior and organization. Vol. 38, pp.155-178.
Carrol, Christopher D. and Weil, David N. (2000). Saving and Growth with Habit Formation. American Economic Review.
Gaffeo, Edoardo, Pretella, Ivan, Pjajfar, Damjan and Santoro, Emiliano (2010). Loss-aversion and the transmission of monetary policy.
Flavin, Marjorie (1991). The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation. National Bureau of Economic Research (Cambridge, MA), Working Paper No. 3802, August.
Foellmi, Reto, Rosenblatt-Wisch. Rina and Schenk-Hoppé, Klauss Reiner (2010). Consumption paths under prospects utility in an optimal growth model. Discussion papers, august 2010.
Grinblatt, M., and M. Keloharju. “What Makes Investors Trade?” Journal of Finance, 56 (2001), 589-616.
Han, Bing and Hsu; Jason (2004). Prospect theory and its applications in finance. Recovered from file:///C:/Users/138560/Downloads/00b7d532f328fbb5ae000000.pdf
Heath, C., Huddart, S., Lang, M., 1999. Psychological factors and stock option exercise. Quarterly Journal of Economics 114, 601–627. Benartzi, S., Thaler, R.H., 1995. Myopic loss aversion and the equity premium puzzle. Quarterly Journal of Economics 110, 73–92.
Kahneman, Daniel and Tversky, Amos (1979). Prospect theory: an analysis of decision under risk. Econometrica, vol. 47, No. 2, mar.1979, pp. 263-292.
Kavkler, Alenka; Mikek, Peter; Böhm, Bernhard and Borsic, Darja (undated document). Nonlinear econometríc models: the smooth transition regression approach.
King, Robert, Plosser, Charles and Rebelo, Sergio (2001). Production, growth and business cycles: technical appendix, june 6.
Köbberling, Veronika and Wakker, Peter P. (2005). An index of loss aversion. Journal of economic theory, 122. pp. 119-131.
Koszegi, Botond and Rabin, Matthew (2006). A model of reference-dependent preferences. The quarterly journal of economics. Vol. CXXI November 2006 Issue 4. pp. 1133-1165.
Mehra, Rajnish and Prescott, Edward C. (1985). “The equity premium”: A puzzle. Journal of Monetary Economics, XV. pp145-162.
Odean, T. (1998): “Are Investors Reluctant to Realize Their Losses?,” Mimeo, UC Davis.
Rosenblatt-Wisch. Rina (2005). Optimal capital accumulation in a stochastic growth model under loss aversion. Working paper 222, National centre of competence in research, financial valuation and risk management. September.
Rosenblatt-Wisch. Rina (2008). Loss aversion in aggregate macroeconomic time series. European economic review, 52, pp. 1140-1159.
Shea, J., 1995a. Union contracts and the life-cycle/permanent-income hypothesis. American Economic Review 85, 186-200.
Shapira, Z., and I. Venezia. “Patterns of Behavior of Professionally Managed and Independent Investors.” Journal of Banking and Finance, 25 (2001), 1573-1587.
Tversky, Amos and Kahneman, Daniel (1992). Advances in prospect theory: Cumulative representation of uncertainty. Journal of risk and uncertainty, 5:279-323.
Zeldes, S.P. (1989), Consumption and liquidity constraints: an empirical investigation, Journal of Political Economy 97(2):305-46.
Baxter, M. and Farr, Dorsey D. (2005). Variable capital utilization and international business cycles. Journal of International Economics, 65. pp. 335-347.
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Repositorio EdocUR-U. Rosario
Universidad del Rosario
instacron:Universidad del Rosario
Esta disertación busca estudiar los mecanismos de transmisión que vinculan el comportamiento de agentes y firmas con las asimetrías presentes en los ciclos económicos. Para lograr esto, se construyeron tres modelos DSGE. El en primer capítulo, e
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e6c1e82e5ba87769421a2897bf52c956
http://repository.urosario.edu.co/handle/10336/8912
http://repository.urosario.edu.co/handle/10336/8912
Publikováno v:
RUA. Repositorio Institucional de la Universidad de Alicante
Universidad de Alicante (UA)
Redined, Red de Información Educativa
Ministerio de Educación, Cultura y Deporte (MECD)
Universidad de Alicante (UA)
Redined, Red de Información Educativa
Ministerio de Educación, Cultura y Deporte (MECD)
This paper tests the existence of ‘reference dependence’ and ‘loss aversion’ in students’ academic performance. Accordingly, achieving a worse than expected academic performance would have a much stronger effect on students’ (dis)satisfac
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::852cff029b1e0dd452571245e1b6bc27
http://hdl.handle.net/10045/34582
http://hdl.handle.net/10045/34582
Autor:
Nicolau, Juan Luis
Publikováno v:
RUA. Repositorio Institucional de la Universidad de Alicante
Universidad de Alicante (UA)
Universidad de Alicante (UA)
Comunicación presentada en Aemark 2011, XXIII Congreso Nacional de Marketing, Castellón, 14-16 septiembre 2011. Las marcas globales que emergen en el mundo de los deportes son cada vez más comunes, y las empresas invierten en el ámbito de los dep
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::9b067c5094f539ea115f2e29221d3f4e
https://hdl.handle.net/10045/23338
https://hdl.handle.net/10045/23338