consider the role of private banks in the money supply process. The implications of this model for impulse response analysis …

When people decide about saving and consumption across the various periods of their life time they take into account … least three, at most six saving vs. consumption decisions, depending on a stochastic manipulation of changes in life …-mindedness are reported. -- experimental economics ; personality ; intertemporal consumption and saving ; individual differences …

"This paper studies strategic asset allocation and consumption choice in the presence of regime switching in asset … the longer their investment horizon, while the optimal allocation to stocks declines as a function of the investment … returns from the dividend yield give rise to a non-monotonic relationship between the investment horizon and the demand for …