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Annuitized Wealth and Post-Retirement Saving

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NBER2014-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20547
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We introduce a tractable model of post-retirement saving behavior in which households have a precautionary motive arising from uninsured health status risks. The model distinguishes between annuitized and non-annuitized wealth, emphasizes the importance of asset composition in determining optimal
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2014-10-01
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