Chonsei, an exceptional but prevalent housing rental system in the Republic of Korea,
functions as private loans between individuals, and its implicit interest rate is called the …

The purpose of this paper is to study the optimal retirement and consumption/investment
decisions of an infinitely lived agent who does not tolerate any decline in his/her …

In this paper, we study the effects of two labor flexible features, a job switching opportunity
and a retirement option, on the optimal strategies. We assume that the agent's preferences …

This paper examines whether leverage can improve household consumption and facilitate
the consumption upgrading in China. By employing two rounds of Chinese household …

We study an optimal consumption, investment, life insurance, and retirement decision of an
economic agent who has an option to retire early any time before the mandatory retirement …

Once a debtor files for bankruptcy under Chapter 7, all or some of the unsecured debts are
discharged and the debtor is endowed with a financial fresh start. However, a post …

We explore an optimal token holding and staking problem for cryptocurrency investors. Our
investigation revolves around understanding the tradeoff between staking rewards and the …

We investigate a portfolio selection problem involving an agent's realistic housing service
choice, where the agent not only has to choose the size of house to live in, but also has to …

In this paper, we study the optimal consumption, investment, and life insurance problem of
an economic agent who can choose a flexible labor supply and has an option to retire early …

In this paper, we study optimal retirement in a two-dimensional incomplete market caused by
borrowing constraints and forced unemployment risk. We show that the two aspects jointly …