A closed-form solution for the continuous-time consumption model with endogenous labor income

DOI10.1007/s10203-010-0104-9zbMath1198.91200OpenAlexW2039210612MaRDI QIDQ604679

Ai-Hua Zhang

Publication date: 12 November 2010

Published in: Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10203-010-0104-9

zbMATH Keywords

Euler equationmartingale methodlabor supply decisionsportfolio optimization with wage income

Mathematics Subject Classification ID

Utility theory (91B16) Portfolio theory (91G10)

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