We study the life cycle of portfolio allocation following for 15 years a large random sample of Norwegian households using error-free data on all components of households’ investments drawn from the Tax Registry. Both, participation in the stock market and the portfolio share in stocks, have...

Business ecosystems concept emerged and gained high attention from researchers and practitioners as well. This paper aims to present the linkage between business ecosystem architecture and its performance through business ecosystem’s health assessment. According to the late findings in this...

El objetivo del presente estudio es buscar patrones en el comportamiento descriptivo del Estado de Flujos de Tesorería según las etapas del ciclo de vida de la empresa. Partiendo de las 4 etapas clásicas (introducción, crecimiento, madurez y declive) se contrastan hipótesis relacionadas con...

We build a heterogeneous life-cycle model which captures a large number of salient features of individual labor supply over the life cycle, by education, both along the intensive and extensive margins. The model provides an aggregation theory of individual labor supply, firmly grounded on...

In this paper, we analyse the human capital accumulation process over the life cycle of individuals under uncertainty. To do so, we develop a continuous time dynamic programming model which takes into account several sources of uncertainty, concerning the human capital accumulation process and...