A foundation for the solution of consumption-saving behavior with a borrowing constraint and unbounded marginal utility

DOI10.1016/j.jedc.2007.02.009zbMath1181.91122OpenAlexW2131500211WikidataQ126265301 ScholiaQ126265301MaRDI QIDQ844605

Eugenio S. A. Bobenrieth H., Juan R. A. Bobenrieth H., Brian D. Wright

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2007.02.009

zbMATH Keywords

convergencesavinginvariant distribution

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Uses Software

• CompEcon

Cites Work

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• A Commodity Price Process with a Unique Continuous Invariant Distribution Having Infinite Mean

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