Explicit solutions to an optimal portfolio choice problem with stochastic income
From MaRDI portal
Publication:956429
DOI10.1016/j.jedc.2004.07.004zbMath1198.91188OpenAlexW2052313741MaRDI QIDQ956429
Publication date: 25 November 2008
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jedc.2004.07.004
incomplete marketsmean-reversionstochastic incomeasset allocationlabor incomeoptimal portfolio choicewage income
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