Menoncin, Francesco; Vergalli, Sergio - 2019
his consumption and leisure by choosing: (i) the optimal inter-temporal consumption, (ii) the optimal inter …-temporal labour supply, (iii) the optimal share of wealth to invest in a risky asset, and (iv) the optimal retirement age. The wage of … after retirement he received a utility that is proportional to the remaining human capital. Finally, a numerical simulation …