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In this work we solve in a closed form the problem of an agent who wants to optimise the inter-temporal utility of both his consumption and leisure by choosing: (i) the optimal inter-temporal consumption, (ii) the optimal inter-temporal labour supply, (iii) the optimal share of wealth to invest...
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Switzerland. Private U.S. but not Swiss insurance has a hedging effect for consumers, while both social insurance schemes expose …
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the United States and Switzerland, adopting an investor point of view. Expected returns are defined by the rate of …, and Solar in the case of Switzerland, a country without domestic supplies of fossil fuels. Since shocks in generation …
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efficient electricity generating technology mixes for Switzerland. The SURE procedure has been applied to filter out the …
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Switzerland and the United States. Expected returns are given by the (negative of the) rate of increase of power generation cost … Nuclear, Run of river, Storage hydro and Solar in the case of Switzerland, and Coal, Nuclear, Gas, Oil, and Wind in the case …. Results suggest that at observed generation costs in 2003, the maximum expected return (MER) portfolio for Switzerland would …
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