, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the correlation between …

on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …

collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …

technological change, firm organisation, income distribution, consumption behaviour and growth. The analysis performed on the …

consumption plan of finite dimension n. It is shown that myopia generates indeterminacy and monetary equilibrium in infinetely …

consumers. Specially, our concern is with the case in which consumers' preferences are influenced by the consumption behaviour …