An analytical solution to the inverse consumption function with liquidity constraints

DOI10.1016/J.ECONLET.2006.03.019MaRDI QIDQ1929430zbMATH OpenOpenAlexFDO

Authors Myung-Ho Park

Publication date 8 January 2013

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2006.03.019

zbMATH Keywords

consumptionliquidity constraintsoptimal control

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Economic growth models (91B62)

Recommendations

• Consumption with liquidity constraints: an analytical characterization
• An optimal control solution to the liquidity constraint problem
• When do borrowing constraints bind? Some new results on the income fluctuation problem
• Solving consumption models with multiplicative habits
• Optimal consumption/investment policies with undiversifiable income risk and liquidity constraints

Cites work

• An optimal control solution to the liquidity constraint problem
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
• scientific article; zbMATH DE number 45454 (Why is no real title available?)

Cited in

(5)

• An optimal control solution to the liquidity constraint problem
• Consumption with liquidity constraints: an analytical characterization
• Myopia, liquidity constraints, and aggregate consumption: What do the data say?
• Liquidity constraints and precautionary saving
• Optimal retirement consumption with a stochastic force of mortality

This page was built for publication: An analytical solution to the inverse consumption function with liquidity constraints

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1929430)