Consumption and Portfolio Selection with Labor Income: A Continuous Time Approach

• 5 January 1998
• journal article
• Published by Wiley in Mathematical Finance
• Vol. 8  (1) , 49-65
• https://doi.org/10.1111/1467-9965.00044

Abstract

Keywords

• CONSUMPTION
• PORTFOLIO SELECTION
• LABOR INCOME
• UNINSURABLE RISK
• LIQUIDITY CONSTRAINTS