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"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. Relatively little is known about why people fail to plan for retirement and whether planning and information costs might affect...
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"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. Two competing explanations for why consumers have trouble with financial decisions are gaining momentum. One is that people are...
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between two activities: producing goods with the production-related knowledge they already have, and interacting with others … and its rate of learning and real growth. Individuals' time allocation decisions depend on the knowledge distribution … time allocations of everyone in the economy in turn determine the evolution of its knowledge distribution. We construct the …
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