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Consumption and habit formation when time horizon is finite

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Publication:1046334
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DOI10.1016/j.econlet.2009.02.007zbMath1178.91091OpenAlexW2077698742MaRDI QIDQ1046334

Viola Angelini

Publication date: 21 December 2009

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2009.02.007


zbMATH Keywords

precautionary savinghabit formationlife-cycle consumption


Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)


Related Items

Optimal consumption with reference-dependent preferences in on-the-job search and savings ⋮ Demand for non-life insurance under habit formation



Cites Work

  • Optimal growth when tastes are inherited
  • Consumption, saving and habit formation
  • Unemployment Risk, Labour Force Participation and Savings
  • Intertemporal Nonseparability or Borrowing Restrictions? A Disaggregate Analysis using a U.S. Consumption Panel
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