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Labor Supply Flexibility and Portfolio Choice in a Life-Cycle Model

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NBER1992-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3954
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This paper examines the effect of the labor-leisure choice on portfolio and consumption decisions over an individual's life cycle. The model incorporates the fact that individuals may have considerable flexibility in varying their work effort (including their choice of when to retire). Given this

本文探讨了个体在生命周期中,劳动-休闲选择对资产组合决策与消费决策的影响。该模型纳入了个体可灵活调整工作强度(包括退休时机选择)这一现实设定。鉴于此
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1992-01-01
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