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Life Cycle Portfolio Choice with Human Capital and Social Security

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NBER2026-03-01 更新2026-03-28 收录
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https://www.nber.org/papers/w34966
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Target date funds which initially invest a large share of retirement savings in stocks and shift gradually towards bonds over the life cycle are designed to provide a one stop shop for retirement investing. The rationale for this pattern is that human capital, which is highest at the start of a
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美国国家经济研究局
创建时间:
2026-03-01
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