Non-addictive habits: optimal consumption-portfolio policies
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References listed on IDEAS
- Milind M. Shrikhande, 1997. "Non-addictive Habit Formation and the Equity Premium Puzzle," European Financial Management, European Financial Management Association, vol. 3(3), pages 293-319.
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CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Roman Muraviev, 2011. "Additive habits with power utility: Estimates, asymptotics and equilibrium," Papers 1108.2889, arXiv.org.
- Xiang Yu, 2011. "Utility maximization with addictive consumption habit formation in incomplete semimartingale markets," Papers 1112.2940, arXiv.org, revised May 2015.
- Yuan, Haili & Hu, Yijun, 2009. "Optimal consumption and portfolio policies with the consumption habit constraints and the terminal wealth downside constraints," Insurance: Mathematics and Economics, Elsevier, vol. 45(3), pages 405-409, December.
- Munk, Claus, 2008. "Portfolio and consumption choice with stochastic investment opportunities and habit formation in preferences," Journal of Economic Dynamics and Control, Elsevier, vol. 32(11), pages 3560-3589, November.
- Liu, Xuan & Yang, Fang & Cai, Zongwu, 2016.
"Does relative risk aversion vary with wealth? Evidence from households׳ portfolio choice data,"
Journal of Economic Dynamics and Control,
Elsevier, vol. 69(C), pages 229-248.
- Fang Yang & Xuan Liu & Zongwu Cai, 2013. "Does Relative Risk Aversion Vary with Wealth? Evidence from Households' Portfolio Choice Data," Departmental Working Papers 2013-09, Department of Economics, Louisiana State University.
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