The optimal consumption-wealth relation and the permanent income-life cycle hypothesis under recursive preferences
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Publication:1342662
DOI10.1016/0165-1765(94)90075-2zbMath0816.90040MaRDI QIDQ1342662
Hiroaki Hayakawa, Suezo Ishizawa
Publication date: 6 February 1995
Published in: Economics Letters (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0165-1765(94)90075-2
Cites Work
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- On the rate of time preference under recursive preferences
- The fundamental principle of intertemporal optimization. Consumer behavior under recursive preferences
- On the role of generating functions when preferences are recursive
- Optimal Saving Programs under Intertemporally Dependent Preferences
- The Global Stability of Efficient Intertemporal Allocations