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Long-Run Savings and Investment Strategy Optimization

We focus on automatic strategies to optimize life cycle savings and investment. Classical optimal savings theory establishes that, given the level of risk aversion, a saver would keep the same relative amount invested in risky assets at any given time. We show that, when optimizing lifecycle investm...

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Autori principali: Gerrard, Russell, Guillén, Montserrat, Nielsen, Jens Perch, Pérez-Marín, Ana M.
Natura: Artigo
Lingua:Inglês
Pubblicazione: Hindawi Publishing Corporation 2014
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Accesso online:https://ncbi.nlm.nih.gov/pmc/articles/PMC3953623/
https://ncbi.nlm.nih.gov/pubmed/24711728
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1155/2014/510531
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