Search
We use the theoretical framework of Acharya and Naqvi (2019) to introduce a macro-financial model where the “reaching for yield” incentivized by a loosening monetary policy in the United States mitigates the diabolic loop in...
The growing proportion of UK bank lending to the financial sector reached a peak in 2007 just before the onset of the Global Financial Crisis (GFC). This marks a trend in the dwindling amount of bank lending to private sector...
In an overlapping generations model with multiple steady states, we analyse the impact of endogenous environmental policies on the relevance of history and expectations for the equilibrium selection. In a polluting regime...
A reflexive approach to qualitative research seeks to uncover structures of inequality in the research encounter. On the surface, it would seem that ethnographic methods provide the conditions to alleviate this methodological...
We estimate the effect of binge drinking on road accidents, accident and emergency (A&E) attendances and arrests using a variety of unique English data and a two-sample instrumental variables estimation procedure....
While education levels of women have increased dramatically relative to men, women are still greatly underrepresented in Science, Technology, Engineering, and Mathematics (STEM) college programmes. We use unique data on...
It has been argued that guilt aversion (the desire to meet others’ expectations) and the social norm compliance (the desire to act similarly to other individuals in the same situation) are important drivers of human behavior....
This paper offers a novel explanation for extortion, which is the practice of demanding payments from compliant agents by law-enforcement officers. Namely, that extortion occurs due to the officer's incompetence, where the...
Ammonia leaching process was often used to separate precious and rare-earth metals during their recovery via hydrometallurgy, resulting in the generation of nitrogen-rich leachate. Therefore, it is significantly important to...
People typically overestimate how much others are prepared to pay for consumer goods and services. We investigated the extent to which latent beliefs about others’ affluence contribute to this overestimation. In Studies 1...
We explore the dynamics of the Scottish National Party (SNP) support using the British Household Panel Survey (BHPS) during 1999–06. We study the relative importance of political sentiments and egocentric economic evaluations...
Economic intuition suggests that enforcement errors incentivize crimes, therefore officers must be penalized for committing such errors. Legal scholars argue that if penalties for errors are severe, officers may become timid...
We analyze the effects of property rights and the resulting loss aversion on contest outcomes. We study three situations: in “gain” two players start with no prize and make sunk bids to win a prize; in “loss” both the players...
|
|< |
< |
1 |