Structural modeling of economic choices of heterogeneous agents

REMARK: Consumption and Portfolio Choice Over the Life Cycle

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Authors

  • Velásquez-Giraldo
  • Zahn

Abstract

This REMARK is an attempt to reproduce the main results of Cocco, Gomes, & Maenhout (2005), 'Consumption and Portfolio Choice Over the Life Cycle' (https://academic.oup.com/rfs/article-abstract/18/2/491/1599892)

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  2. git clone https://github.com/econ-ark/CGMPortfolio --recursive
  3. cd CGMPortfolio
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Metadata

Key Value
tags REMARK
abstract This REMARK is an attempt to reproduce the main results of Cocco, Gomes, & Maenhout (2005), 'Consumption and Portfolio Choice Over the Life Cycle' (https://academic.oup.com/rfs/article-abstract/18/2/491/1599892)
authors {"family-names"=>"Velásquez-Giraldo", "given-names"=>"Mateo"}
{"family-names"=>"Zahn", "given-names"=>"Matthew"}
cff-version 1.1.0
date-released
identifiers {"type"=>"url", "value"=>"https://github.com/econ-ark/CGMPortfolio"}
keywords Portfolio
Risky Assets
Consumption
Life Cycle
message For a consumption/saving problem with transitory and permanent shocks and unbounded (CRRA) utility, this paper derives conditions under which a nondegenerate solution exists, and under which a target wealth ratio exists; all results are paired with illustrative numerical solutions.
repository-code https://github.com/llorracc/BufferStockTheory
version 1.0
github_repo_url https://github.com/econ-ark/CGMPortfolio
remark-name CGMPortfolio
title-original-paper Consumption and Portfolio Choice Over the Life Cycle
notebooks Code/Python/CGMPortfolio.ipynb
identifiers-paper {"type"=>"url", "value"=>"https://academic.oup.com/rfs/article-abstract/18/2/491/1599892"}
{"type"=>"doi", "value"=>"https://doi.org/10.1093/rfs/hhi017"}
date-published-original-paper