JEL code: D91

A Life-Cycle Model with Ambiguous Survival Beliefs
On average, young people underestimate whereas old people overestim...
24 October 2014
Working Paper
Evolution of Monetary Policy Transmission Mechanism in Malawi: A TVP-VAR with Stochastic Volatility Approach
This paper investigates the evolution of monetary transmission mech...
7 November 2013
Working Paper
Retirement Date Effects on Saving Behavior: The Case of Non-Separable Preferences
In this paper we demonstrate that the magnitude of the reaction of ...
10 January 2013
Working Paper
Financial Reforms and Consumption Behaviour in Malawi
The purpose of the study is to examine whether financial reforms im...
26 September 2012
Working Paper
Asset pricing in a Lucas ‘fruit-tree’ economy with non-additive beliefs
We study a Lucas (1978) “fruit-tree” economy under the ...
20 September 2012
Working Paper
A parsimonious model of subjective life expectancy
This paper develops a theoretical model for the formation of subjec...
20 September 2012
Working Paper