Consumption and habit formation when time horizon is finite

被引：23

作者：

Angelini, Viola ^{[1
]}

机构：

[1] Univ Padua, Dept Econ, I-35123 Padua, Italy

来源：

ECONOMICS LETTERS | 2009年 / 103卷 / 02期

关键词：

Habit formation; Life-cycle consumption; Precautionary saving; PANEL-DATA;

D O I：

10.1016/j.econlet.2009.02.007

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper provides a closed-form solution under labour uncertainty for optimal consumption and the value function in a finite horizon life-cycle model with habit persistence. (C) 2009 Elsevier B.V. All rights reserved.

引用

页码：113 / 116

页数：4

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