Zobrazeno 1 - 3
of 3
pro vyhledávání: '"André Meyer-Wehmann"'
Publikováno v:
Journal of Economic Behavior & Organization. 197:279-300
We study a two-agent equilibrium model with two goods where we interpret the agents as countries. We analyze the effect of an endogenous habit specification where each country benchmarks its consumption decision against the decision of the other coun
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b586f81413f26267e3d650ceec88aa61
https://doi.org/10.1016/j.jebo.2022.03.005
https://doi.org/10.1016/j.jebo.2022.03.005
Publikováno v:
SSRN Electronic Journal.
This paper studies a household’s optimal demand for a reverse mortgage. These contracts allow homeowners to tap their home equity to finance consumption needs. In stylized frameworks, we show that the decision to enter a reverse mortgage is mainly
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::21b0779510ac424b8d03f6849763face
https://doi.org/10.2139/ssrn.3681834
https://doi.org/10.2139/ssrn.3681834
Publikováno v:
Journal of Economic Dynamics and Control. 113:103857
In dynamic portfolio choice problems, stochastic state variables such as stochastic volatility lead to adjustments of the optimal stock demand referred to as hedge terms or Merton-Breeden terms. By deriving an explicit solution in a two-agent framewo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::21d4dc2e6472d342268bbd1f884a26d2
https://doi.org/10.1016/j.jedc.2020.103857
https://doi.org/10.1016/j.jedc.2020.103857