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Using MS Excel to Solve and Simulate the Life-Cycle/Permanent-Income Model of Consumption and Saving
Findley, T. Scott - 2015
The objective of this manuscript is to provide a simple guide to instructors and students on how to solve and simulate a discrete-time specification of the Life-Cycle/Permanent-Income Model of Consumption and Saving (LCPI Model) using only algebra and basic calculus. The solution and simulation...
Persistent link: https://www.econbiz.de/10013035580
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Overconfidence and consumption over the life cycle
Caliendo, Frank; Huang, Kevin X. D. - In: Journal of macroeconomics 30 (2008) 4, pp. 1347-1369
Persistent link: https://www.econbiz.de/10003805560
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Overconfidence in financial markets and consumption over the life cycle
Caliendo, Frank; Huang, Kevin X. D. - 2007
Persistent link: https://www.econbiz.de/10003412943
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Optimal irrational behavior
Feigenbaum, James; Caliendo, Frank; Gahramanov, Emin - 2009
Persistent link: https://www.econbiz.de/10003958908
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Optimal irrational behavior
Feigenbaum, James; Caliendo, Frank; Gahramanov, Emin - In: Journal of economic behavior & organization : JEBO 77 (2011) 3, pp. 285-303
Persistent link: https://www.econbiz.de/10009244012
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Sources of error in estimating the personal consumption offset in retirement
Lewis, William Cris; Caliendo, Frank; Bowles, Tyler J. - In: Journal of forensic economics 15 (2002) 1, pp. 45-55
Persistent link: https://www.econbiz.de/10001792899
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Optimal irrational behavior in continuous time
Feigenbaum, James; Caliendo, Frank - In: Journal of economic dynamics & control 34 (2010) 10, pp. 1907-1922
Persistent link: https://www.econbiz.de/10009126830