Similar Search Results

Narrow search

Feasibility and transversality conditions for models of portfolio choice with non-expected utility in continuous time

Smith, William T. - In: Economics letters 53 (1996) 2, pp. 123-131

Persistent link: https://www.econbiz.de/10001216799

Birth, death, and consumption : overlapping generations and the random walk hypothesis

Smith, William T. - In: International economic journal 12 (1998) 4, pp. 105-116

Persistent link: https://www.econbiz.de/10001253133

Consumption and saving with habit formation and durability

Smith, William T. - In: Economics letters 75 (2002) 3, pp. 369-375

Persistent link: https://www.econbiz.de/10001667195

The spirit of capitalism and excess smoothness

Luo, Yulei; Smith, William T.; Zou, Heng-fu - In: Annals of economics and finance 10 (2009) 2, pp. 281-301

Persistent link: https://www.econbiz.de/10003928783

The Spirit of Capitalism, Precautionary Savings, and Consumption

Luo, Yulei; Smith, William T.; Zou, Heng-Fu - 2009

Recent research has shown that the "spirit of capitalism"--a preference for wealth itself, in addition to consumption--has important implications for growth and asset pricing. This paper explores how the spirit of capitalism affects saving and consumption behavior. We demonstrate that the spirit...

Persistent link: https://www.econbiz.de/10012561768