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Beyond optimality: Managing children, assets, and consumption over the life cycle

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  • Bonneuil, Noel
  • Saint-Pierre, Patrick
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Mathematical Economics.

    Volume (Year): 44 (2008)
    Issue (Month): 3-4 (February)
    Pages: 227-241

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    Handle: RePEc:eee:mateco:v:44:y:2008:i:3-4:p:227-241

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    Web page: http://www.elsevier.com/locate/jmateco

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    1. No�l Bonneuil & Romina Boarini, 2004. "Preserving Transfer Benefit For Present And Future Generations," Mathematical Population Studies, Taylor & Francis Journals, vol. 11(3-4), pages 181-203.
    2. Grossman, S J & Melino, Angelo & Shiller, Robert J, 1987. "Estimating the Continuous-Time Consumption-Based Asset-Pricing Model," Journal of Business & Economic Statistics, American Statistical Association, American Statistical Association, vol. 5(3), pages 315-27, July.
    3. Elmendorf, Douglas W & Kimball, Miles S, 2000. "Taxation of Labor Income and the Demand for Risky Assets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(3), pages 801-33, August.
    4. Mehra, Rajnish & Prescott, Edward C., 1985. "The equity premium: A puzzle," Journal of Monetary Economics, Elsevier, Elsevier, vol. 15(2), pages 145-161, March.
    5. Carroll, Christopher D, 1994. "How Does Future Income Affect Current Consumption?," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 109(1), pages 111-47, February.
    6. Newman, John L & McCulloch, Charles E, 1984. "A Hazard Rate Approach to the Timing of Births," Econometrica, Econometric Society, Econometric Society, vol. 52(4), pages 939-61, July.
    7. Per Krusell & Anthony A. Smith, Jr., . "Income and Wealth Heterogeneity in the Macroeconomy," GSIA Working Papers, Carnegie Mellon University, Tepper School of Business 1997-37, Carnegie Mellon University, Tepper School of Business.
    8. Per Krusell & Anthony A. Smith, Jr., . "Income and Wealth Heterogeneity, Portfolio Choice, and Equilibrium Asset Returns," GSIA Working Papers, Carnegie Mellon University, Tepper School of Business 1997-45, Carnegie Mellon University, Tepper School of Business.
    9. Barro, Robert J & Becker, Gary S, 1989. "Fertility Choice in a Model of Economic Growth," Econometrica, Econometric Society, Econometric Society, vol. 57(2), pages 481-501, March.
    10. Becker, Gary S & Barro, Robert J, 1988. "A Reformulation of the Economic Theory of Fertility," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 103(1), pages 1-25, February.
    11. Romain Duval, 2003. "The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries," OECD Economics Department Working Papers, OECD Publishing 370, OECD Publishing.
    12. Banks, James & Blundell, Richard & Tanner, Sarah, 1998. "Is There a Retirement-Savings Puzzle?," American Economic Review, American Economic Association, American Economic Association, vol. 88(4), pages 769-88, September.
    13. Wolpin, Kenneth I, 1984. "An Estimable Dynamic Stochastic Model of Fertility and Child Mortality," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 92(5), pages 852-74, October.
    14. Deaton, A., 1989. "Saving And Liquidity Constraints," Papers, Princeton, Woodrow Wilson School - Public and International Affairs 153, Princeton, Woodrow Wilson School - Public and International Affairs.
    15. Thurow, Lester C, 1969. "The Optimum Lifetime Distribution of Consumption Expenditures," American Economic Review, American Economic Association, American Economic Association, vol. 59(3), pages 324-30, June.
    16. Deaton, Angus, 1992. "Understanding Consumption," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780198288244, October.
    17. Bonneuil, Noel, 1994. "Capital Accumulation, Inertia of Consumption and Norms of Reproduction," Journal of Population Economics, Springer, Springer, vol. 7(1), pages 49-62.
    18. Epstein, Larry G & Zin, Stanley E, 1991. "Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: An Empirical Analysis," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 99(2), pages 263-86, April.
    19. Rios-Rull, Jose-Victor, 1996. "Life-Cycle Economies and Aggregate Fluctuations," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 63(3), pages 465-89, July.
    20. Esping-Andersen, Gosta, 1999. "Social Foundations of Postindustrial Economies," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780198742005, October.
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    Cited by:
    1. Jacek Krawczyk & Alastair Pharo & Oana Serea & Stewart Sinclair, 2013. "Computation of viability kernels: a case study of by-catch fisheries," Computational Management Science, Springer, Springer, vol. 10(4), pages 365-396, December.
    2. Bonneuil, Noël, 2010. "Family regulation as a moving target in the demographic transition," Mathematical Social Sciences, Elsevier, Elsevier, vol. 59(2), pages 239-248, March.
    3. Bonneuil, Noël, 2010. "Diversity of preferences in an unpredictable environment," Journal of Mathematical Economics, Elsevier, Elsevier, vol. 46(6), pages 965-976, November.
    4. Noël Bonneuil & Raouf Boucekkine, 2009. "Sustainability, optimality, and viability in the Ramsey model," Working Papers, Business School - Economics, University of Glasgow 2009_34, Business School - Economics, University of Glasgow.

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