Breakfast skipping increases during adolescence and is associated with lower levels of physical activity and weight gain. Theory-based interventions promoting breakfast consumption in adolescents ...

In this paper, we formulate a structural time series model for aggregate quarterly nondurable consumption by using the life cycle consumption hypothesis under uncertainty to obtain a model for the ...

A macroeconomic disequilibrium model of the U.S. economy is constructed with three markets-one each for labor, consumption goods, and investment goods. Demand and supply in each market are obtained ...

This paper examines whether two well-known models, Campbell and Cochrane’s habit model (1999) and Bansal and Yaron’s long-run risks model (2004), can produce significant return predictability. We find ...