Portfolio selection with consumption ratcheting
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Publication:1657613
DOI10.1016/j.jedc.2018.05.003zbMath1401.91520OpenAlexW2810345514WikidataQ129610284 ScholiaQ129610284MaRDI QIDQ1657613
Hyeng Keun Koo, Yong Hyun Shin, Junkee Jeon
Publication date: 13 August 2018
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jedc.2018.05.003
Related Items (14)
Optimal finite horizon contract with limited commitment ⋮ Intertemporal preference with loss aversion: consumption and risk-attitude ⋮ Optimal Investment and Consumption under a Habit-Formation Constraint ⋮ Dynamic asset allocation with consumption ratcheting post retirement ⋮ Optimal Ratcheting of Dividends in a Brownian Risk Model ⋮ Optimal retirement and portfolio selection with consumption ratcheting ⋮ Horizon effect on optimal retirement decision ⋮ Optimal Consumption Under a Habit-Formation Constraint: The Deterministic Case ⋮ Utility maximization with ratchet and drawdown constraints on consumption in incomplete semimartingale markets ⋮ Finite horizon portfolio selection problem with a drawdown constraint on consumption ⋮ Finite horizon portfolio selection with durable goods ⋮ Finite time-horizon optimal investment and consumption with time-varying subsistence consumption constraints ⋮ Portfolio selection with drawdown constraint on consumption: a generalization model ⋮ Ratcheting with a bliss level of consumption
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