Effect of lifetime uncertainty on consumption/investment with luxury bequest motives
Year of publication: |
May 2016
|
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Authors: | Choi, Sungsub ; Kim, Sungjun ; Shim, Gyoocheol |
Published in: |
Finance research letters. - Amsterdam [u.a.] : Elsevier, ISSN 1544-6123, ZDB-ID 2181386-3. - Vol. 17.2016, p. 275-279
|
Subject: | Consumption | Investment | Luxury bequest | Lifetime uncertainty | Nonnegative bequest constraint | Dynamic programming method | Erbe | Inheritance | Luxusgüter | Luxury goods | Risiko | Risk | Dynamische Optimierung | Dynamic programming | Overlapping Generations | Overlapping generations | Lebenseinkommen | Lifetime income | Konsumtheorie | Consumption theory | Konsumentenverhalten | Consumer behaviour | Lebenszyklus | Life cycle | Intergenerationale Übertragung | Intergenerational transfer |
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