Optimal consumption, training, working time, and leisure over the life cycle
From MaRDI portal
Publication:1321263
DOI10.1007/BF00941474zbMath0795.90005OpenAlexW1979524491MaRDI QIDQ1321263
Gustav Feichtinger, Andreas J. Novak
Publication date: 27 April 1994
Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/bf00941474
learningHopf bifurcationhuman capitallife-cycle modelsstable limit cyclesjoint determination of optimal consumption and allocation of timeworking
Related Items
An optimal time-management policy for labor supply and consumption decisions ⋮ A stochastic control model of investment and consumption with applications to financial economics ⋮ Limit cycles in dynamic economic systems
Cites Work
- Unnamed Item
- On the optimality of limit cycles in dynamic economic systems
- Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
- Labor, Leisure and Training over the Life Cycle
- A Collocation Solver for Mixed Order Systems of Boundary Value Problems
- ON THE INDIVIDUAL'S LIFETIME ALLOCATION BETWEEN EDUCATION AND WORK*