In earlier work, the authors explored life-cycle consumption profiles of Canadian married couple families. That research concluded that the common presumption in simulation models of upward-sloping consumption-age profiles accompanied by dissaving in retirement could not be supported in Canadian...

The authors use Canadian Family Expenditure Survey data to estimate consumption and income age profiles for married-couple families, paying attention to the transition between work and retirement. The common presumptions of numerical-simulation life-cycle models--upward-sloping consumption-age...

In the United States the education premium - the ratio of the earnings of university graduates to the earnings of high school graduates - has risen sharply in the last 20 years. Some economists and policymakers presume the same fact holds in Canada. Since so much of modern growth theory and...

We study the evolutionary dynamics of brand competition in a market where two firms are competing against each other. A brand's strategy at each period could be either to innovate on its own or to copy the rival or maintain the same position as before. consumers are heterogenous, they interact...