Time and energy are major inputs into the production of household goods and services. As a result, the market penetration of time-saving technologies for general household use is expected to affect both a household's (i) allocation of time across home production and leisure activities; and (ii)...

Time and energy are major inputs into the production of household goods and services. The introduction of time-saving innovations allows households to change their activity patterns and to reallocate their time across competing activities. As a result, the market penetration of time-saving...

GARCH-jump models of metal price returns, while allowing for sudden movements (jumps), apply the same specification of the jump component in both 'bear'and 'bull' markets. As a result, the more frequent but relatively small jumps that occur in both bear and bull markets dominate the...