Explore intertemporal equilibrium, an essential economic concept that analyzes how current and future decisions affect ...

We test a conditional asset pricing model that includes long‐term interest rate risk as a priced factor for four asset classes—large stocks, small stocks, and long‐term Treasury and corporate bonds.

Modern neoclassical business cycle theories posit that the observed fluctuations in consumption and employment correspond to decisions of an optimizing representative individual. We estimate three ...

Intertemporal choice examines how individuals weigh rewards available at different points in time, while delay discounting quantifies the tendency to devalue future rewards in favour of more immediate ...

… is from Thomas Sowell’s 2010 book “Intellectuals and Society” in the chapter titled “Intertemporal Abstractions” (emphasis mine): The intelligentsia in 21st century America speak of “whites” and ...

Wed, March 8, 2023 Published on Mar. 7, 2023 Published on 2023-03-07T15:13:13+07:00 n 2022, Indonesia succeeded in increasing its production of strategic mineral and energy commodities, such as coal ...