نتایج جستجو برای: savings functions
تعداد نتایج: 516940 فیلتر نتایج به سال:
Proof. The proof will show that any strategy that results in both spouses going to the bank cannot be optimal. Note that if the second mover saves in account a, she will always save so that u′ (c1) = RaδBu (c2) (and must therefore only be saving at interest rate Ra). Now consider the options of the first mover. First suppose the second mover only deposits savings in the joint account. Then the ...
We ask how the potential benefits from cross-border asset trade are affected by the presence of non-traded income risk in incomplete markets. We show that the mean consumption growth may be lower with full integration than in financial autarky. This can occur because: the hedging demand for risky high-return projects may fall as the investment opportunity set increases, and precautionary saving...
One potential method to attain more energy-efficient circuits with the current technology is Near-Threshold Computing, which means using less energy per gate by designing the supply voltages to be closer to the threshold voltage of transistors. However, this energy savings comes at a cost of a greater probability of gate failure, which necessitates that the circuits must be more fault-tolerant,...
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