Search Results - subject:"precautionary effect"

Benitez, Ignacia; Bonilla, Claudio A.; Vergara, Marcos - In: Small business economics : an international journal 63 (2024) 3, pp. 1171-1196

Persistent link: https://www.econbiz.de/10015179409

Anti-corruption campaign and corporate cash holdings : evidence from China

Cai, Weixing; Hu, Feng; Xu, Fangming; Zheng, Liyi - In: Emerging markets review 51 (2022) 1, pp. 1-22

Persistent link: https://www.econbiz.de/10013417112

Term structure of discount rates under multivariate s-ordered consumption growth

Heinzel, Christoph - Laboratoire Études et Recherches Économiques … - 2014

The statistical relationship among future changes in consumption can be used to derive, under certain assumptions on investor preferences, an unambiguous effect on the term structure of discount rates. Thus, an increase in concordance in uncertain consumption growth has a negative impact on the...

Persistent link: https://www.econbiz.de/10010735455

Preferences Yielding the ``Precautionary Effect''

Lara, Michel De - HAL - 2009

representing consumption, the \emph{precautionary effect} holds when initial consumption is less in the prospect of future … operative tool to exhibit the precautionary effect. Epstein's Theorem holds true when the difference of two convex functions is … large body of the literature on the precautionary effect. …

Persistent link: https://www.econbiz.de/10008794323