Adaptive consumption behavior

DOI10.1016/j.jedc.2013.11.003zbMath1402.91264OpenAlexW3125812441WikidataQ60138123 ScholiaQ60138123MaRDI QIDQ1994369

Ömer Özak, Peter Howitt

Publication date: 1 November 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.2013.11.003

zbMATH Keywords

dynamic programminglearningliquidity constraintconsumption function

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Dynamic programming (90C39) Consumer behavior, demand theory (91B42)

Related Items (1)

Optimal consumption under uncertainty, liquidity constraints, and bounded rationality

Cites Work

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• EVOLUTIONARY ALGORITHMS IN MACROECONOMIC MODELS
• On the Concavity of the Consumption Function
• A Stochastic Approximation Method

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