Optimal consumption and investment strategies with a perishable and an indivisible durable consumption good

Journal of Economic Dynamics and Control

Volumn 28, Issue 2, 2003, Pages 209-253

  Damgaard, Anders ^a   Fuglsbjerg, Brian ^b   Munk, Claus ^c  

^a Danske Research   (Denmark)

^b SimCorp A/S   (Denmark)

^c UNIVERSITY OF SOUTHERN DENMARK   (Denmark)

Author keywords

Durable goods; Numerical solution; Optimal consumption and investment; Transaction costs; Viscosity solutions

Indexed keywords

EID: 0038712488     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1889(02)00135-5     Document Type: Article

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