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Investment confidence, corporate debt and income fluctuations: a need for reformulation

Article Abstract:

A macrodynamic model emphasizing on fixed investment decisions of firms and internal and external investment financing is found to be flawed. An inconsistency results from the model's inability to fully consider the loan market. The problem can be solved through a straightforward extension of the model.

Author: Franke, Reiner
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1995
Models, Investments, Debt

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The role of income aspirations in individual happiness

Article Abstract:

The higher income aspirations reduce people's utility, ceteris paribus, as examined by a direct empirical test. Income aspirations increase with people's income and average income in the community they reside, as the processes of adaptation and social comparison remains consistent.

Author: Stutzer, Alios
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2004
Analysis, Social issue, Social conditions

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Relative-income effects on subjective well-being in the cross-section

Article Abstract:

Research is presented describing the study of personal happiness in relation to income using general social survey techniques to determine subjective status.

Author: McBride, Michael
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2001
Research, Personal finance, Economic research, Study and teaching, Subjectivity

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Subjects list: Income
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