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Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts
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NBER WP 15079. Cambridge, MA: National Bureau of Economic Research
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Chai, Jingjing, Wolfram Horneff, Raimond Maurer, and Olivia S. Mitchell (2009). 'Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts', NBER WP 15079. Cambridge, MA: National Bureau of Economic Research.
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Chai, J.1
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Consumption and Portfolio Choice over the Life Cycle
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Optimal Life-Cycle Asset Allocation: Understanding the Empirical Evidence
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Market Frictions, Savings and Portfolio Choice
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Life-Cycle Asset Allocation with Annuity Markets
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Horneff, Wolfram, Raimond Maurer, and Michael Stamos (2008). 'Life-Cycle Asset Allocation with Annuity Markets', Journal of Economic Dynamics and Control, 32: 3590-612.
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Asset Allocation and Location over the Life Cycle with Survival Contingent Payouts
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Horneff, Wolfram, Raimond Maurer, Olivia S. Mitchell, and Michael Stamos (2009). 'Asset Allocation and Location over the Life Cycle with Survival Contingent Payouts', Journal of Banking and Finance, 33: 1688-99.
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Horneff, W.1
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Variable Payout Annuities and Dynamic Portfolio Choice in Retirement
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Horneff, Wolfram, Raimond Maurer, Olivia S. Mitchell, and Michael Stamos (2010). 'Variable Payout Annuities and Dynamic Portfolio Choice in Retirement', Journal of Pension Economics and Finance, 9: 163-83.
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Journal of Pension Economics and Finance
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Horneff, W.1
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Mortality Risk and Bequests
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Social Security Replacement Rates for Alternative Earnings Benchmarks
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4th Q
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Mitchell, Olivia S. and John Phillips (2006). 'Social Security Replacement Rates for Alternative Earnings Benchmarks,' Benefits Quarterly, 4th Q: 37-47.
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Benefits Quarterly
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New Evidence on the Money Worth of Individual Annuities
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Mitchell, Olivia S., James Poterba, Mark Warshawsky, and Jeffrey Brown (1999). 'New Evidence on the Money Worth of Individual Annuities', American Economic Review, 89: 1299-318.
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Life-Cycle Portfolio Choice with Additive Habit Formation Preferences and Uninsurable Labor Income Risk
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Polkovnichenko, Valery (2007). 'Life-Cycle Portfolio Choice with Additive Habit Formation Preferences and Uninsurable Labor Income Risk', Review of Financial Studies, 20: 83-124.
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Optimal Portfolio Choice for Long-Horizon Investors with Non-tradable Labor Income
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Viceira, Luis (2001). 'Optimal Portfolio Choice for Long-Horizon Investors with Non-tradable Labor Income', Journal of Finance, 56: 433-70.
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Why Do Household Portfolio Shares Rise in Wealth?
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AFA 2008 New Orleans Meetings Working Paper. Philadelphia, PA: The Wharton School of the University of Pennsylvania
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Wachter, Jessica and Motohiro Yogo (2009). 'Why Do Household Portfolio Shares Rise in Wealth?' AFA 2008 New Orleans Meetings Working Paper. Philadelphia, PA: The Wharton School of the University of Pennsylvania.
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Wachter, J.1
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