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[eng] The capital asset pricing model for consumption cannot explain observed equity premiums unless disproportionate risk aversion coefficients are used. The equity premium puzzle has been attributed in particular to the time-separability of consumer preferences. This paper investigates...
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[fre] Évolutions démographiques et marché du travail: des liens complexes parfois contradictoires . . Les perspectives d’évolution de la population totale, de la population active et de leurs structures par âge sont alternativement sources d’inquiétude ou d’optimisme: craintes pour...
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