Optimal Portfolio Choice with Wage-Indexed Social Security
收藏NBER2011-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17025
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资源简介：
This paper re-examines the classic question of how a household should optimally allocate its portfolio between risky stocks and risk-free bonds over its lifecycle. We show that allowing for the wage indexation of social security benefits fundamentally alters the optimal decisions. Moreover, the
提供机构：
美国国家经济研究局
创建时间：
2011-05-01
