Optimal scientific production over the life cycle

Optimal Housing, Consumption, and Investment Decisions over the Life Cycle

We provide explicit solutions to life-cycle utility maximization problems simultaneously involving dynamic decisions on investments in stocks and bonds, consumption of perishable goods, and the rental and the ownership of residential real estate. House prices, stock prices, interest rates, and the labor income of the decision-maker follow correlated stochastic processes. The preferences of the ...

Scientific communication life - cycle model

This model has been developed in several stages, including the SciX project, funded by the European Commission, and the OACS project, funded by the Academy of Finland. The reader is advised to consult the web site of the OACS project for the most recent information

Political Participation over the Life Cycle

Scientific Publication Life-Cycle Model (Splc)

The scientific publishing process has during the past few years undergone considerable changes, due to the possibilities offered by the Internet for fast delivery and inter-linking of publications which refer to each other. The socio-economic structures have, however, not changed much, and many academics and librarians view the current situation as sub-optimal and highly unsatisfactory. This ha...

Household debt over the life cycle

Using data from the 2001 Survey of Consumer Finances, this study examines how the holding of types and amounts of household debt changes over the life cycle. The results show that the likelihood of holding each type of debt and the amount of each type of debt compared to total assets decrease with age. Although the popular press has speculated that older households accumulate excessive amounts ...