How Persistent Low Expected Returns Alter Optimal Life Cycle Saving, Investment, and Retirement Behavior
收藏NBER2018-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24311
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资源简介:
This paper explores how an environment of persistent low returns influences saving, investing, and retirement behaviors, as compared to what in the past had been thought of as more normal financial conditions. Our calibrated lifecycle dynamic model with realistic tax, minimum distribution, and
提供机构:
美国国家经济研究局
创建时间:
2018-02-01



