충청수학회지 (Journal of the Chungcheong Mathematical Society)

  • 제31권1호
  • /
  • Pages.65-73
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  • 2018
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  • 1226-3524(pISSN)
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  • 2383-6245(eISSN)
충청수학회 (The Chungcheong Mathematical Society)
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THE EFFECTS OF TAXATION ON OPTIMAL CONSUMPTION AND INVESTMENT

  • Lim, Byung Hwa (Department of Economics and Finance The University of Suwon)
  • 투고 : 2018.01.05
  • 심사 : 2018.01.18
  • 발행 : 2018.02.15
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초록

We investigate the optimal consumption and investment problem of working agent who faces tax system on consumption, labor income, savings and investment. By applying martingale method, we obtain the closed-form solutions so it is possible to verify the effect of tax system analytically.

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과제정보

연구 과제 주관 기관 : National Research Foundation of Korea

참고문헌

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