Borrowing constraints, effective flexibility in labor supply, and portfolio selection

DOI10.1007/s11579-018-0224-5zbMath1410.91318OpenAlexW2885028238MaRDI QIDQ2422167

Ho-Seok Lee, Gyoocheol Shim, Yong Hyun Shin

Publication date: 18 June 2019

Published in: Mathematics and Financial Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11579-018-0224-5

zbMATH Keywords

borrowing constraintsjob choiceconsumption/investmenteffective flexibility in labor supply

Mathematics Subject Classification ID

Portfolio theory (91G10)

Related Items

Portfolio selection and job switching with CARA utility, The effects of pre-/post-retirement borrowing constraints on optimal consumption, investment, and retirement, Stochastic control with inhomogeneous regime switching: application to consumption and investment with unemployment and reemployment, Optimal job switching and retirement decision, Household utility maximization with life insurance: a CES utility case, Effects of a government subsidy and labor flexibility on portfolio selection and retirement

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