另一项发现是，实际利率和消费增长可以由两个不同的领域变量跨越。本文在结构模型的基础上，对价格风险系数和实际利率的变化进行了有效的探讨。未来，实体经济的研究将考虑消费增长，通过观察来计算消费增长。因此，本文成功地回答了这一研究问题。采用不同的模型对风险系数进行了估计。研究论文的结果与研究问题相符。第二份报告的题目是《预防策略与家庭储蓄》，由Joshua Aizenman、Eduardo Cavallo和Ilan Noy合著，于2015年出版。本文的理论概念是建立在预防储蓄理论的基础上的。根据这一理论，可以预测，当风险水平较高时，应鼓励私人储蓄，以确保预防措施。此外，为了协调理论，还定义了一个简单的模型。
Another finding is that the real interest rates and the growth of consumption can be spanned by the two different field variables. In the research paper, the discussion has been efficiently carried on the price risk coefficients and the changes in the real interest rate on the basis of the structure model have been found. In future, growth of consumption will be considered by the research in the real economy and the consumption growth will be calculated from the observations. Thus the research paper has been successful in answering the research question. The research has been done by using the different models for the estimation of risk coefficients. The findings of the research paper are up to the mark with the research question. The title of the second report is “Precautionary Strategies and household saving” written by Joshua Aizenman, Eduardo Cavallo and Ilan Noy and published in 2015. The theoretical concept used in this research paper is based on the precautionary-saving theory. According to this theory it can be predicted that whenever there are high levels of risk, private saving should be encourages so as ensuring precaution. In addition to this, theory a simple model has been defined in order to reconcile the theory.
The model leads to the expansion of theory and helps in encompassing the same. The research intends to provide the explanation between the precautionary-saving theory and the empirical evidence which is based upon the model where a better account for different models of a precautionary behaviour has been calculated by the private agents. In order to analyze the research question, there has been an investigation on the saving and the risk for different countries.To complete the investigation, a number of factors such as limited institutional depth, the vibrant informal sectors and the economic and political stability of the countries and the mobility of the labour force have been considered. In addition to this, there has been focus upon different linkages which are related to the self-financed firms and the household dynamics. In order to do the same overlapping generation model has been explained. In this research paper, the negative correlation between the volatility and the private sector saving has been established. It has been also observed that the statistical association may also be reversed and there has been a lower private saving rate in some of the more volatile places.