how these decisions are made is essential to gauge if saving in financial, retirement and human assets is adequate or not …. This paper numerically solves, simulates, and structurally estimates a dynamic life cycle model of allocations (consumption …/savings, leisure/work and health expenditures), statuses (health, financial and pension wealth) and welfare, allowing for (partially …

banks, firms, workers and capital goods suppliers. Not only does this network give rise to the creation and valuation of … money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find …

assets on labor market volatility and on the effectiveness of fiscal policy, respectively. In Chapter 6, I analyze the …