[I_39] Donghyun Kim, Y.H. Shin*, Ji-Hun Yoon (2024) The Valuation of Real Options for Risky Barrier to Entry with Hybrid Stochastic and Local Volatility and Stochastic Investment Costs, North American Journal of Economics and Finance 70, 102058. [January 2024]


[I_38] Y.H. Shin, Ho-Seok Lee* (2023) Portfolio Selection and Job Switching with CARA Utility, Journal of Computational and Applied Mathematics 427, 115120. [August 2023]


[I_37] Dayoon Kim, Y.H. Shin* (2023) The Effects of Pre-/Post-Retirement Borrowing Constraints on Optimal Consumption, Investment, and Retirement, Computational and Applied Mathematics, 42 (4), 170. [June 2023]


[I_36] Hyeng Keun Koo, Kum-Hwan Roh*, Y.H. Shin (2021) Optimal Consumption/Investment and Retirement with Necessities and Luxuries, Mathematical Methods of Operations Research 94 (2), 281--317. [October 2021]


[I_35] Junkee Jeon, Hyeng Keun Koo*, Y.H. Shin, Zhou Yang (2021) An Integral Equation Representation for Optimal Retirement Strategies in Portfolio Selection Problem, Computational Economics 58 (3), 885--914. [October 2021]


[I_34] Zhou Yang, Hyeng Keun Koo*, Y.H. Shin (2021) Optimal Retirement in a General Market Environment, Applied Mathematics and Optimization 84 (1), 1083--1130. [August 2021]


[I_33] Kyunghyun Park, Hyoseob Lee, Y.H. Shin* (2021) Effects of a Government Subsidy and Labor Flexibility on Portfolio Selection and Retirement, Quantitative Finance 21 (6), 967--989. [June 2021]


[I_32] Junkee Jeon, Myungjoo Kang, Y.H. Shin* (2021) Finite Time-Horizon Optimal Investment and Consumption with Time-Varying Subsistence Consumption Constraints, Japan Journal of Industrial and Applied Mathematics 38 (1), 353--377. [February 2021]


[I_31] Kum-Hwan Roh, Y.H. Shin* (2020) Optimal Consumption and Portfolio Selection with Lower and Upper Bounds on Consumption, Advances in Difference Equations 2020, 343, 11 pages. [July 2020]


[I_30] Kexin Chen, Mei Choi Chiu, Y.H. Shin, Hoi Ying Wong* (2019) Stochastic Volatility Asymptotics for Optimal Subsistence Consumption and Investment with Bankruptcy, SIAM Journal on Financial Mathematics 10 (4), 977--1005. [December 2019]


[I_29] Junkee Jeon, Hyeng Keun Koo, Y.H. Shin* (2019) Ratcheting with a Bliss Level of Consumption, Optimization Letters 13 (7), 1535--1556. [October 2019]


[I_28] Junkee Jeon, Y.H. Shin* (2019) Finite Horizon Portfolio Selection with a Negative Wealth Constraint, Journal of Computational and Applied Mathematics 356, 329--338. [August 2019]


[I_27] Y.H. Shin, Kum-Hwan Roh* (2019) An Optimal Consumption and Investment Problem with Stochastic Hyperbolic Discounting, Advances in Difference Equations 2019, 211, 7 pages. [May 2019]


[I_26] Ho-Seok Lee, Gyoocheol Shim, Y.H. Shin* (2019) Borrowing Constraints, Effective Flexibility in Labor Supply, and Portfolio Selection, Mathematics and Financial Economics 13 (2), 173--208. [March 2019]


[I_25] Ji Yeoun Kim, Y.H. Shin* (2018) Optimal Consumption and Portfolio Selection with Negative Wealth Constraints, Subsistence Consumption Constraints, and CARA Utility, Journal of the Korean Statistical Society 47 (4), 509--519. [December 2018]


[I_24] Y.H. Shin, Jung Lim Koo, Kum-Hwan Roh* (2018) An Optimal Consumption and Investment Problem with Quadratic Utility and Subsistence Consumption Constraints: A Dynamic Programming Approach, Mathematical Modelling and Analysis 23 (4), 627--638. [October 2018]


[I_23] Junkee Jeon, Hyeng Keun Koo*, Y.H. Shin (2018) Portfolio Selection with Consumption Ratcheting, Journal of Economic Dynamics and Control 92, 153--182. [July 2018]


[I_22] Byung Hwa Lim, Ho-Seok Lee, Y.H. Shin* (2018) The Effects of Pre-/Post-Retirement Downside Consumption Constraints on Optimal Consumption, Portfolio, and Retirement, Finance Research Letters 25, 213--221. [June 2018]


[I_21] Gyoocheol Shim, Jung Lim Koo, Y.H. Shin* (2018) Reversible Job-Switching Opportunities and Portfolio Selection, Applied Mathematics and Optimization 77 (2), 197--228. [April 2018]


[I_20] Ho-Seok Lee, Byung Lim Koo, Y.H. Shin* (2017) A Dynamic Programming Approach to a Consumption/Investment and Retirement Choice Problem under Borrowing Constraints, Japan Journal of Industrial and Applied Mathematics 34 (3), 793--809. [November 2017]


[I_19] Kyunghyun Park, Myungjoo Kang, Y.H. Shin* (2017) An Optimal Consumption, Leisure, and Investment Problem with an Option to Retire and Negative Wealth Constraints, Chaos, Solitons & Fractals 103, 374--381. [October 2017]


[I_18] Kum-Hwan Roh, Ji Yeoun Kim, Y.H. Shin* (2017) An Optimal Consumption and Investment Problem with Quadratic Utility and Negative Wealth Constraints, Journal of Inequalities and Applications 2017, 188, 10 pages. [August 2017]


[I_17] Ho-Seok Lee, Y.H. Shin* (2017) A Dynamic Programming Approach to Subsistence Consumption Constraints on Optimal Consumption and Portfolio, Journal of Computational Analysis and Applications 22 (1), 79--99. [January 2017]


[I_16] Ho-Seok Lee, Y.H. Shin* (2016) An Optimal Investment, Consumption-Leisure and Voluntary Retirement Choice Problem with Subsistence Consumption Constraints, Japan Journal of Industrial and Applied Mathematics 33 (2), 297--320. [July 2016]


[I_15] Jung Lim Koo, Se Ryoong Ahn, Byung Lim Koo, Hyeng Keun Koo, Y.H. Shin* (2016) Optimal Consumption and Portfolio Selection with Quadratic Utility and a Subsistence Consumption Constraint, Stochastic Analysis and Applications 34 (1), 165--177. [January 2016]


[I_14] Y.H. Shin, Ho-Seok Lee* (2015) A Regime Switching Model of Schooling Choice as a Job Search Process, Advances in Mathematical Physics, Special Issue on Econophysics, Statistical Mechanics for Financial Applications, and Financial Mathematics 2015, Article ID 475279, 5 pages. [November 2015]


[I_13] Ho-Seok Lee, Y.H. Shin* (2015) An Optimal Portfolio, Consumption-Leisure and Retirement Choice Problem with CES Utility: A Dynamic Programming Approach, Journal of Inequalities and Applications 2015, 319, 13 pages. [October 2015]


[I_12] Ho-Seok Lee, Y.H. Shin* (2015) An Optimal Consumption, Investment and Voluntary Retirement Choice Problem with Disutility and Subsistence Consumption Constraints: A Dynamic Programming Approach, Journal of Mathematical Analysis and Applications 428 (2), 762--771. [August 2015]


[I_11] Gyoocheol Shim, Y.H. Shin* (2014) Portfolio Selection with Subsistence Consumption Constraints and CARA Utility, Mathematical Problems in Engineering, Special Issue on Mathematical Modelling and Algorithms in Finance 2014, Article ID 153793, 6 pages. [April 2014]


[I_10] Gyoocheol Shim, Y.H. Shin* (2014) An Optimal Job, Consumption/Leisure, and Investment Policy, Operations Research Letters 42 (2), 145--149. [March 2014]


[I_09] Jung Lim Koo, Byung Lim Koo, Y.H. Shin* (2013) An Optimal Investment, Consumption, Leisure, and Voluntary Retirement Problem with Cobb-Douglas Utility: Dynamic Programming Approaches, Applied Mathematics Letters 26 (4), 481--486. [April 2013]


[I_08] Y.H. Shin* (2012) Voluntary Retirement and Portfolio Selection: Dynamic Programming Approaches, Applied Mathematics Letters 25 (7), 1087--1093. [July 2012]


[I_07] Byung Hwa Lim*, Y.H. Shin (2011) Optimal Investment, Consumption and Retirement Decision with Disutility and Borrowing Constraints, Quantitative Finance 11 (10), 1581--1592. [October 2011]


[I_06] Minsuk Kwak*, Y.H. Shin, U Jin Choi (2011) Optimal Investment and Consumption Decision of a Family with Life Insurance, Insurance: Mathematics and Economics 48 (2), 176--188. [March 2011]


[I_05] Y.H. Shin, Byung Hwa Lim* (2011) Comparison of Optimal Portfolios With and Without Subsistence Consumption Constraints, Nonlinear Analysis: Theory, Methods & Applications 74 (1), 50--58. [January 2011]


[I_04] Minsuk Kwak, Y.H. Shin*, U Jin Choi (2009) Optimal Portfolio, Consumption and Retirement Decision under a Preference Change, Journal of Mathematical Analysis and Applications 355 (2), 527--540. [July 2009]


[I_03] Byung Hwa Lim, Y.H. Shin*, U Jin Choi (2008) Optimal Investment, Consumption and Retirement Choice Problem with Disutility and Subsistence Consumption Constraints, Journal of Mathematical Analysis and Applications 345 (1), 109--122. [September 2008]


[I_02] Kyoung Jin Choi, Gyoocheol Shim, Y.H. Shin* (2008) Optimal Portfolio, Consumption-Leisure and Retirement Choice Problem with CES Utility, Mathematical Finance 18 (3), 445--472. [July 2008]


[I_01] Y.H. Shin*, Byung Hwa Lim, U Jin Choi (2007) Optimal Consumption and Portfolio Selection Problem with Downside Consumption Constraints, Applied Mathematics and Computation 188 (2), 1801--1811. [May 2007]




[W_01] Kiseop Lee, Haibo Liu, Y.H. Shin, An Optimal Portfolio Choice Problem with Delays, revised and resubmitted for publication (Mathematical Control and Related Fields).



[WK_01] 김명준, 박광우, 신용현, 조 훈, 현정순, 주택 가격지수 산정-서울 아파트 실거래가격을 이용한 실증연구, 금융경제연구 제348호 (Article in Korean)