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Social Security and Household Portfolio Allocation

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NBER1984-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1361
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The entitlement to social security retirement benefits is a major component of aggregate household wealth. This paper focuses on the impact of social security annuities on household portfolio allocation, extending existing optimizing models of portfolio allocation to explicitly consider the role of
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1984-06-01
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