Article
- Title:
- Portfolio Choice with Internal Habit Formation: A Life-Cycle Model with Uninsurable Labor Income Risk
- Authors:
-
Francisco Gomes
(London Bus School)
Alexander Michaelides
(LSE,
CEPR)
- Journal:
-
Review of Economic Dynamics
- Year:
- 2004
- Volume:
- 6
- Pages:
- 729-766
- JEL codes:
-
D14 - Personal Finance
E21 - Macroeconomics: Consumption; Saving; Aggregate Physical and Financial Consumer Wealth
D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
G11 - Portfolio Choice; Investment Decisions
Back