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Money in Motion: Dynamic Portfolio Choice in Retirement

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NBER2007-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12942
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Retirees confront the difficult problem of how to manage their money in retirement so as to not outlive their funds while continuing to invest in capital markets. We posit a dynamic utility maximizer who makes both asset location and allocation decisions when managing her retirement financial wealth
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2007-02-01
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