Voluntary retirement and portfolio selection: dynamic programming approaches

DOI10.1016/J.AML.2012.03.023zbMath1244.91113OpenAlexW2073384633MaRDI QIDQ441924

Yong Hyun Shin

Publication date: 8 August 2012

Published in: Applied Mathematics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.aml.2012.03.023

zbMATH Keywords

portfolio selectiondynamic programming methodvoluntary retirementCobb-Douglas utility

Mathematics Subject Classification ID

Dynamic programming (90C39) Financial applications of other theories (91G80) Portfolio theory (91G10)

Related Items (4)

An optimal investment, consumption-leisure and voluntary retirement choice problem with subsistence consumption constraints ⋮ An optimal consumption, leisure, and investment problem with an option to retire and negative wealth constraints ⋮ An optimal consumption, investment and voluntary retirement choice problem with disutility and subsistence consumption constraints: a dynamic programming approach ⋮ An optimal portfolio, consumption-leisure and retirement choice problem with CES utility: a dynamic programming approach

Cites Work

• Optimum consumption and portfolio rules in a continuous-time model
• Optimal investment, stochastic labor income and retirement
• Lifetime consumption and investment: retirement and constrained borrowing
• OPTIMAL PORTFOLIO, CONSUMPTION‐LEISURE AND RETIREMENT CHOICE PROBLEM WITH CES UTILITY
• DISUTILITY, OPTIMAL RETIREMENT, AND PORTFOLIO SELECTION
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• Unnamed Item

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