Dynamic Optimization Meets Budgeting: Unraveling Financial Complexities
收藏数据链接：
官方服务：
资源简介：
This paper explores sources of complexity in dynamic optimization, examining how individuals navigate variation in incomes, prices, and returns in ten-period consumption-saving decisions. Our findings reveal that dynamic optimization poses significant challenges, resulting in suboptimal choices even
提供机构：
美国国家经济研究局创建时间：
2024-08-01
