The concept of economic cycles is pivotal in understanding the fluctuations in the economy that impact our daily lives. These cycles consist of four main phases: expansion, peak, recession ...
Bodie, Zvi, Robert C. Merton, and William Samuelson. "Labor Supply Flexibility and Portfolio Choice in a Life-Cycle Model." Journal of Economic Dynamics & Control 16, nos. 3-4 (July–October 1992): 427 ...