The Effect of Capital Risk on Optimal Saving Decisions
David L. Hanson, Carmen F. Menezes
The Quarterly Journal of Economics · 1978 · Volume 92 · Issue 4
Abstract
I. Introduction, 653. — II. Preferences for sure and risky consumption bundles, 654. — III. Saving under certainty and under capital risk, 659. — IV. Comparison with the literature, 665.
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