Optimal consumption and savings with stochastic income and recursive utility
Chong Wang, Neng Wang, Jinqiang Yang
| Year of publication: |
September 2016
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|---|---|
| Authors: | Wang, Chong ; Wang, Neng ; Yang, Jinqiang |
| Published in: |
Journal of economic theory. - Amsterdam : Elsevier, ISSN 0022-0531, ZDB-ID 410539-4. - Vol. 165.2016, p. 292-331
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| Subject: | Buffer stock | Precautionary savings | Incomplete markets | Borrowing constraints | Permanent income | Non-expected utility | Marginal value of liquidity | Sparen | Savings | Unvollkommener Markt | Incomplete market | Einkommenshypothese | Income hypothesis | Einkommen | Income | Liquiditätsbeschränkung | Liquidity constraint | Intertemporale Entscheidung | Intertemporal choice | Vorsichtssparen | Precautionary saving | Erwartungsnutzen | Expected utility | Risiko | Risk | Schock | Shock | Konsumtheorie | Consumption theory | Nutzenfunktion | Utility function |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1016/j.jet.2016.04.002 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011650110