Isoelastic utility

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Covers a global model with two countries, consumption, prices, and market clearing.

Explores the Equity Premium Puzzle and its macrofinance implications.

Covers the specification of the deterministic part in choice models.

Covers the specification of choice models with qualitative attributes and discusses modeling heterogeneity through segmentation.

Introduces the piecewise linear specification in choice models, illustrating how sensitivity to travel time varies.

Explores piecewise linear specifications in choice models and their impact on sensitivity to travel time.

Explores the optimization of international portfolio allocation and the principles of comparative advantage in trade.

Explores the dynamic model for panel data analysis and the Markov assumption.

Explains Pareto efficiency, social planner's problem, and optimal consumption allocation in complete markets.

Examines the influence of non-cognitive skills on life outcomes, interventions to enhance these skills, and ethical considerations.