An analytical approximate solution to the problem of precautionary savings

DOI10.1016/S0165-1889(97)00113-9MaRDI QIDQ1274845zbMATH OpenFDO

Authors Gabriel Talmain

Publication date 12 January 1999

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/S0165-1889(97)00113-9

zbMATH Keywords

felicity functionfinite horizonprecautionary savings

Mathematics Subject Classification ID

Economic growth models (91B62)

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• Second-, third-, and higher-order consumption functions: a precautionary tale

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