Sentence examples for wealth constraints from inspiring English sources

Here, negative wealth constraints contain the borrowing constraints which mean the restriction of a loan.

Park and Jang [3] studied the optimal consumption, investment and retirement strategies with negative wealth constraints.

We solve the optimal consumption and investment problem with negative wealth constraints.

Negative wealth constraints are the general borrowing constraints against future labor income.

We provide an optimal consumption and portfolio decision with negative wealth constraints for an economic agent who has a quadratic utility function of consumption.

These authors model individual occupation decisions and changes in occupation over time, taking account of individual characteristics such as wealth and wealth constraints, education levels, family background, prior work experience, preferences for independent work, and so on.

"And a very significant constraint to first-time buyers is the wealth constraint".

However, they did not consider the agent's labor income and the negative wealth constraint.

In this model, we derive an analytic solution with the negative wealth constraint.

By comparison with the range from wealth constraint to the bliss level of wealth and K, we can check that (hat{y}>1) or (hat{y}<1).

In this paper, we also consider the following negative wealth constraint (see [3]): X_{t}geq-nufrac{I}{r} quad mbox{for all } t geq0 text{ and } nuin[0,1].