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~institution:"Centre for Finance, Credit and Macroeconomics (CFCM), School of Economics"
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Stone-Geary preferences
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controlled diffusion
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elasticity of intertemporal substitution
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household portfolios
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two-asset portfolio
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wealth inequality
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Centre for Finance, Credit and Macroeconomics (CFCM), School of Economics
Crawford School of Public Policy, Australian National University
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Department of Econometrics and Business Statistics, Monash Business School
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Saving Rates and Portfolio Choice with Subsistence Consumption
Achury, Carolina
;
Hubar, Sylwia
;
Koulovatianos, Christos
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Centre for Finance, Credit and Macroeconomics (CFCM), …
We analytically show that a common across rich/poor individuals
Stone-Geary
utility function with subsistence …
Persistent link: https://www.econbiz.de/10008871002
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