five

Expectations, Life Expectancy, and Economic Behavior

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NBER1982-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0835
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Unlike price expectations, which are central to macroeconomic theory and have been examined extensively using survey data, formation of individuals' horizons, which are central to the theory of life-cycle behavior, have been completely neglected. This is especially surprising since life expectancy
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1982-01-01
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