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期刊名:Stochastic models

缩写:STOCH MODELS

ISSN:1532-6349

e-ISSN:1532-4214

IF/分区:0.5/Q4

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Julia Eisenberg Julia Eisenberg
We consider an individual or household endowed with an initial capital and an income, modeled as a linear function of time. Assuming that the discount rate evolves as an Ornstein-Uhlenbeck process, we target to find an unrestricted consumpt...