Portfolio Choice in Retirement: Health Risk and the Demand for Annuities, Housing, and Risky Assets
收藏NBER2009-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15307
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资源简介：
In a life-cycle model, a retiree faces stochastic health depreciation and chooses consumption, health expenditure, and the allocation of wealth between bonds, stocks, and housing. The model explains key facts about asset allocation and health expenditure across health status and age. The portfolio
提供机构：
美国国家经济研究局
创建时间：
2009-09-01
