The existence, uniqueness, and optimality of the terminal wealth depletion time in life-cycle models of saving under uncertain lifetime and borrowing constraint (Q2373785)
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scientific article; zbMATH DE number 5171399
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| English | The existence, uniqueness, and optimality of the terminal wealth depletion time in life-cycle models of saving under uncertain lifetime and borrowing constraint |
scientific article; zbMATH DE number 5171399 |
Statements
The existence, uniqueness, and optimality of the terminal wealth depletion time in life-cycle models of saving under uncertain lifetime and borrowing constraint (English)
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16 July 2007
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life-cycle saving
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uncertain lifetime
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borrowing constraint
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wealth depletion
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state-constrained maximum principle
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0.7560339570045471
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0.743887722492218
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0.7289623618125916
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