Consumption and habit formation when time horizon is finite

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 103
Issue: 2
Pages: 113-116

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:103:y:2009:i:2:p:113-116
Journal Field
General
Author Count
1
Added to Database
2026-01-24