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Individual Risk in an Investment-Based Social Security System
6 references·16 citing·44 second hop
Individual Risk in an Investment-Based Social Security System (2001)Individual Risk in an Investment-Based So…Would a Privatized Social Security System Really Pay a Higher Rate of Return? (1999)Would a Privatized Social Sec…The Transition Path in Privatizing Social Security (1996)The Transition Path in Privat…The Missing Piece in Policy Analysis: Social Security Reform (1996)The Missing Piece in Policy A…The Equity Premium: It's Still a Puzzle (1996)The Equity Premium: It's Stil…The equity premium: A puzzle (1985)The equity premium: A puzzleAn Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money (1958)An Exact Consumption-Loan Mod…Optimal life cycle portfolio choice with variable annuities offering liquidity and investment downside protection (2015)Optimal life cycle portfolio …What is an adequate standard of living during retirement? (2012)What is an adequate standard …Who Benefits from Public Old Age Pensions? Evidence from a Targeted Program (2009)Who Benefits from Public Old …Variable payout annuities and dynamic portfolio choice in retirement (2009)Variable payout annuities and…Wealth Shocks and Retirement Timing: Evidence from the Nineties (2008)Wealth Shocks and Retirement …Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with Applications to Social Security Design (2007)Intergenerational Risk Sharin…The timing of annuitization: Investment dominance and mortality risk (2006)The timing of annuitization: …Optimal insurance in a continuous-time model (2006)Optimal insurance in a contin…ASSET ALLOCATION AND ANNUITY‐PURCHASE STRATEGIES TO MINIMIZE THE PROBABILITY OF FINANCIAL RUIN (2006)ASSET ALLOCATION AND ANNUITY‐…Risk preferences in multi-period consumption models, the equity premium puzzle, and habit formation utility (2005)Risk preferences in multi-per…Rethinking Pension Reform (2004)Rethinking Pension ReformOptimal Investment Strategy to Minimize the Probability of Lifetime Ruin (2004)Optimal Investment Strategy t…Utility Evaluation of Risk in Retirement Saving Accounts (2003)Utility Evaluation of Risk in…Designing social security – a portfolio choice approach (2003)Designing social security – a…Asset Allocation and the Liquidity Premium for Illiquid Annuities (2003)Asset Allocation and the Liqu…Optimal Asset Allocation and The Real Option to Delay Annuitization: It’s Not Now-or-Never (2002)Optimal Asset Allocation and …The Effect of Marginal Tax Rates on Taxable Income: A Panel Study of the 1986 Tax Reform Act (1995)Taxation and Economic Performance (1997)Social security and institutions for intergenerational, intragenerational, and international risk-sharing (1999)Tax Avoidance and the Deadweight Loss of the Income Tax (1999)Rethinking Social Insurance (2005)Uncertain Lifetime, Life Insurance, and the Theory of the Consumer (1965)New Evidence on the Money's Worth of Individual Annuities (1999)Consumption and Portfolio Choice over the Life Cycle (2005)Stock market returns and annuitization (2014)Portfolio Choice Over the Life Cycle: A Survey (2020)The Fragility of Market Risk Insurance (2022)Lectures on macroeconomics (1990)Understanding Risk and Return (1993)Investing for the Long Run when Returns Are Predictable (2000)Pensions and Intergenerational Risk‐sharing in General Equilibrium (2008)Risk Sharing and Efficiency Implications of Progressive Pension Arrangements* (2008)Intergenerational Risk Sharing, Pensions, and Endogenous Labour Supply in General Equilibrium* (2013)An Intertemporal Capital Asset Pricing Model (1973)Asset Prices in an Exchange Economy (1978)Time to Build and Aggregate Fluctuations (1982)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy (1994)Why a Funded Pension System is Needed and Why It is Not Needed (2000)Asset Returns and Economic Growth (2005)Global demographic trends and social security reform (2006)A Theory of Justice (1971)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Overlapping Generations: The First Jubilee (2008)Bond Market Clienteles, the Yield Curve, and the Optimal Maturity Structure of Government Debt (2013)Continuous-Time Finance. (1991)Arbitrage Theory in Continuous Time (1998)Loss Models: From Data to Decisions (1999)A Sustainable Spending Rate without Simulation (2005)Comonotonic Approximations for Optimal Portfolio Selection Problems (2005)Social Security, Induced Retirement, and Aggregate Capital Accumulation (1974)Noise Trader Risk in Financial Markets (1990)Asset pricing with liquidity risk (2005)Urban Diversity and Economic Growth (1998)Growth effects of government expenditure and taxation in rich countries (2001)The Welfare State as Piggy Bank (2001)Time series properties of an artificial stock market (1999)Nonparametric risk management and implied risk aversion (2000)Financial Markets and the Real Economy (2005)
this work references cited by second hop

References

  • 1985The equity premium: A puzzle5,785 cited
  • 1958An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money3,538 cited
  • 1996The Equity Premium: It's Still a Puzzle944 cited
  • 1996The Missing Piece in Policy Analysis: Social Security Reform366 cited
  • 1996The Transition Path in Privatizing Social Security176 cited
  • 1999Would a Privatized Social Security System Really Pay a Higher Rate of Return?133 cited

Cited by

  • 2007Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with Applications to Social Security Design134 cited
  • 2004Optimal Investment Strategy to Minimize the Probability of Lifetime Ruin121 cited
  • 2003Designing social security – a portfolio choice approach102 cited
  • 2009Variable payout annuities and dynamic portfolio choice in retirement98 cited
  • 2006ASSET ALLOCATION AND ANNUITY‐PURCHASE STRATEGIES TO MINIMIZE THE PROBABILITY OF FINANCIAL RUIN97 cited
  • 2004Rethinking Pension Reform80 cited
  • 2015Optimal life cycle portfolio choice with variable annuities offering liquidity and investment downside protection69 cited
  • 2006Optimal insurance in a continuous-time model65 cited
  • 2012

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

What is an adequate standard of living during retirement?
61 cited
  • 2003Asset Allocation and the Liquidity Premium for Illiquid Annuities55 cited
  • 2002Optimal Asset Allocation and The Real Option to Delay Annuitization: It’s Not Now-or-Never55 cited
  • 2003Utility Evaluation of Risk in Retirement Saving Accounts55 cited
  • 2009Who Benefits from Public Old Age Pensions? Evidence from a Targeted Program54 cited
  • 2008Wealth Shocks and Retirement Timing: Evidence from the Nineties53 cited
  • 2005Risk preferences in multi-period consumption models, the equity premium puzzle, and habit formation utility49 cited
  • 2006The timing of annuitization: Investment dominance and mortality risk46 cited