Akshit Baru In the lexicon of political economy, election-year budgets are almost invariably associated with the “political business cycle”-a phenomenon where incumbents ramp up populist spending to ...

Financial word of the day: Intertemporalization explains how economic and investment decisions are made across time, not just today. It shows why future money is worth less than present money and how ...

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 ...