Consumption and portfolio turnpike theorems in a continuous-time finance model

DOI10.1016/S0165-1889(97)00091-2zbMath0899.90030OpenAlexW1983038503MaRDI QIDQ1128949

Xing Jin

Publication date: 13 August 1998

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

Full work available at URL: https://doi.org/10.1016/s0165-1889(97)00091-2

zbMATH Keywords

consumption and portfolio turnpike theorems

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (8)

Long-Term Optimal Investment in Matrix Valued Factor Models ⋮ Turnpike property and convergence rate for an investment model with general utility functions ⋮ Turnpike property and convergence rate for an investment and consumption model ⋮ Portfolios and risk premia for the long run ⋮ ROBUST PORTFOLIOS AND WEAK INCENTIVES IN LONG-RUN INVESTMENTS ⋮ Abstract, classic, and explicit turnpikes ⋮ Consumption in incomplete markets ⋮ The long-run behavior of consumption and wealth dynamics in complete financial market with heterogeneous investors

Cites Work

• A continuous-time portfolio turnpike theorem
• Portfolio Turnpike Theorems, Risk Aversion, and Regularly Varying Utility Functions
• Optimal Portfolio and Consumption Decisions for a “Small Investor” on a Finite Horizon
• Regularly varying functions
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