Optimal consumption, investment and housing with means-tested public pension in retirement - Andréasson, Johan G.; Shevchenko, Pavel V.; Novikov, Alex (Insurance, mathematics & economics, 2017)
Keywords: Age; Allocations; Asset allocation; Assets; Bequests; Consumption; Defined-contribution pension; Dynamic programming; Expected utility; Family status; Housing; Investment; Investments; Life expectancy; Mathematical models; Maximum likelihood method; Means-tested age pension; Optimal control; Optimal policy; Retirees; Retirement; Stochastic control; Stochastic models; Stochastic processes; Wealth; D14; G11; Means-tested age pension; Optimal policy; 91; Stochastic control; Defined-contribution pension; Dynamic programming; D91; Retirement; C61