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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2566 |
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This effect shrinks, an increase of 15% in the prices of Asset, when the capital is in a variable offer. In the case of variable offer of assets, the return of the capital vary 40 points of the base in a stimulation of a "baby boom" which is roughly calibrated to resemble the Case in the United States during the four last decades...
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Contrary to the specification of Yoo (1994) in which the individuals live 55 years, Brooks (2002) supposes that the individuals live for four periods. He's model includes the financial asset with and without risk, which makes it possible then to explore how the demographic shocks affect the premium of the risk...
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