The Effect of Uncertain Labor Income and Social Security on Life-cycle Portfolios
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下载链接：
https://www.nber.org/papers/w15682
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资源简介：
This paper examines how labor income volatility and social security benefits can influence lifecycle household portfolios. We examine how much the individual optimally saves and where, taking into account liquid financial wealth and annuities, and stocks as well as bonds. Higher labor income
提供机构：
美国国家经济研究局
创建时间：
2010-01-01
