Optimal Job Choice, Consumption, and Investment Under Subsistence-Consumption Constraints
This paper extends a benchmark reversible job-choice framework by imposing a subsistence-consumption constraint. The agent chooses consumption, portfolio allocation, and one of two jobs in continuous time. The first job provides low income and high leisure, whereas the second job provides high incom...
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| Hoofdauteurs: | , |
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| Formaat: | Artigo |
| Taal: | Inglês |
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MDPI AG
2026-07-01
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| Reeks: | Mathematics |
| Onderwerpen: | |
| Online toegang: | https://www.mdpi.com/2227-7390/14/13/2451 |
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