Search Results - "Ahrens, Steffen"

Intertemporal consumption and debt aversion: a replication and extension by Ahrens, Steffen, Bosch-Rosa, Ciril, Meissner, Thomas

“…We replicate Meissner (Exp Econ 19:281–298, 2016), where debt aversion was reported for the first time in an intertemporal consumption and saving problem…”
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Motivated beliefs, social preferences, and limited liability in financial decision-Making by Ahrens, Steffen, Bosch-Rosa, Ciril

“…We conduct a novel experiment to compare how subjects form motivated beliefs in an investor-client setup with varying degrees of liability. Although we do not…”
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Coordination under loss contracts by Ahrens, Steffen, Bitter, Lea, Bosch-Rosa, Ciril

“…In this paper we study the effects that loss contracts—prepayments that can be clawed back later—have on group coordination when there is strategic…”
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A Theory of Price Adjustment under Loss Aversion by Ahrens, Steffen, Pirschel, Inske, Snower, Dennis J

“…We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect theory, the consumers’ perceived…”
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Estimating a high-frequency New-Keynesian Phillips curve by Ahrens, Steffen, Sacht, Stephen

“…This paper estimates a high-frequency New-Keynesian Phillips curve via the generalized method of moments. Allowing for higher-than-usual frequencies strongly…”
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Envy, guilt, and the Phillips curve by Ahrens, Steffen, Snower, Dennis J.

“…We incorporate inequality aversion into an otherwise standard New Keynesian dynamic stochastic equilibrium model with Calvo wage contracts and positive…”
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Intertemporal Consumption and Debt Aversion: A Replication and Extension by Ahrens, Steffen, Bosch-Rosa, Ciril, Meissner, Thomas

“…We replicate Meissner (2016), where debt aversion was reported for the first time in an intertemporal consumption and saving problem. While Meissner (2016)…”
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