Optimal consumption and investment with a wealth-dependent time-varying investment opportunity
Gyoocheol Shim and Hyeng Keun Koo
| Year of publication: |
2015
|
|---|---|
| Authors: | Shim, Gyoocheol ; Koo, Hyeng-keun |
| Published in: |
Annals of economics and finance. - Beijing : Peking University Press, ISSN 1529-7373, ZDB-ID 2097904-6. - Vol. 16.2015, 1, p. 19-42
|
| Subject: | Consumption | Investment | Investment opportunitiy set | Threshold wealth level | Bellman equation | Investition | Portfolio-Management | Portfolio selection | Privater Konsum | Private consumption | Dynamische Optimierung | Dynamic programming | Vermögen | Wealth | Volkswirtschaftliche Investitionstheorie | Theory of aggregate investment | Kapitalanlage | Financial investment |
| Extent: | graph. Darst. |
|---|---|
| Type of publication: | Article |
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011317785