A general equilibrium model of housing consumption and investment
โ Scribed by James Berkovec
- Publisher
- Springer US
- Year
- 1989
- Tongue
- English
- Weight
- 844 KB
- Volume
- 2
- Category
- Article
- ISSN
- 0895-5638
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
In this paper we describe a numerical solution of the consumer's life-cycle problem based on value function iteration. The advantage of our approach is that it retains the versatility of the value function iteration approach and achieves a high degree of accuracy without resorting to the very comput
## Abstract Modern theories of foreign direct investment claim that foreign direct investment occurs because certain domestic assets are worth more under foreign control. This view developed by industrial organization theorists is indifferent to the financing mode of a foreign acquisition as well a