Canonical life-cycle models predict that rational, fully forward-looking agents should perfectly smooth consumption over their lifetime. This prediction, while not supported by the …
Canonical life-cycle models predict that rational, fully forward-looking agents should perfectly smooth consumption over their lifetime. This prediction, while not supported by the …
We show that the recent Indian electric vehicle success story has been largely driven by the available amount of liquid deposits. While we observe that the relationship between liquid …
Household finance is the field of study that focuses on how households use financial instruments to fulfil their objectives. In 2006, John Campbell coined the term 'Household …