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Verification theorems for models of optimal consumption and investment with retirement and constrained borrowing
Philip H. Dybvig
, Hong Liu
Research output
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Contribution to journal
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Article
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peer-review
27
Scopus citations
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Dive into the research topics of 'Verification theorems for models of optimal consumption and investment with retirement and constrained borrowing'. Together they form a unique fingerprint.
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Keyphrases
Optimal Investment
100%
Verification Theorem
100%
Optimal Consumption
100%
Optimal Stopping
66%
State Constraints
66%
Wealth Constraints
66%
Value Function
33%
Differential Equations
33%
Dynamic Programming
33%
Comparative Statics
33%
Comparison Principle
33%
Slater Condition
33%
Optimal Retirement
33%
Engineering
Value Function
100%
Closed Form
100%
Dynamic Programming
100%
Alternative Model
100%
Slater's Condition
100%
Economics, Econometrics and Finance
Wealth
100%
Search Theory
100%
Consumer Demand Theory
100%
Dynamic Programming
50%
Comparative Statics
50%
Computer Science
State Constraint
100%
Dynamic Programming
50%
Alternative Model
50%
Proof
50%