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Life-cycle asset allocation with annuity markets
16 references·16 citing·34 second hopsampled
Life-cycle asset allocation with annuity markets (2008)Life-cycle asset allocation with annuity …Household Finance (2006)Household FinanceOptimal life cycle asset allocation : understanding the empirical evidence (2005)Optimal life cycle asset allo…Consumption and Portfolio Choice over the Life Cycle (2005)Consumption and Portfolio Cho…Annuities and Individual Welfare (2005)Annuities and Individual Welf…Portfolio Choice in the Presence of Housing (2004)Portfolio Choice in the Prese…Consumption Over the Life Cycle (2002)Consumption Over the Life Cyc…Optimal Portfolio Choice for Long‐Horizon Investors with Nontradable Labor Income (2001)Optimal Portfolio Choice for …Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk (2000)Portfolio Choice and Asset Pr…Investing for the Long Run when Returns Are Predictable (2000)Investing for the Long Run wh…New Evidence on the Money's Worth of Individual Annuities (1999)New Evidence on the Money's W…Consumption and Portfolio Decisions when Expected Returns are Time Varying (1999)Consumption and Portfolio Dec…Labor supply flexibility and portfolio choice in a life cycle model (1992)Labor supply flexibility and …Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Substitution, Risk Aversion, …Optimum consumption and portfolio rules in a continuous-time model (1971)Optimum consumption and portf…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Uncertain Lifetime, Life Insurance, and the Theory of the Consumer (1965)Uncertain Lifetime, Life Insu…Household finance: a systematic literature review and directions for future research (2023)Household finance: a systemat…Displaced, disliked and misunderstood: A systematic review of the reasons for low uptake of long-term care insurance and life annuities (2020)Displaced, disliked and misun…What Do We Know About Annuitization Decisions? (2019)What Do We Know About Annuiti…The annuity puzzle remains a puzzle (2016)The annuity puzzle remains a …Optimal life cycle portfolio choice with variable annuities offering liquidity and investment downside protection (2015)Optimal life cycle portfolio …Optimal Annuity Purchases for Australian Retirees (2015)Optimal Annuity Purchases for…How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios (2015)How Family Status and Social …Optimal Portfolio Choice with Annuities and Life Insurance for Retired Couples (2013)Optimal Portfolio Choice with…Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection (2013)Optimal Life Cycle Portfolio …Age-dependent investing: Optimal funding and investment strategies in defined contribution pension plans when members are rational life cycle financial planners (2013)Age-dependent investing: Opti…Dynamic portfolio choice with deferred annuities (2010)Dynamic portfolio choice with…Variable payout annuities and dynamic portfolio choice in retirement (2009)Variable payout annuities and…Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts (2009)Extending Life Cycle Models o…Computable Stochastic Equilibrium Models and Their Use in Pension- and Ageing Research (2009)Computable Stochastic Equilib…Valuation of mortality risk via the instantaneous Sharpe ratio: Applications to life annuities (2008)Valuation of mortality risk v…Asset Allocation and Location over the Life Cycle with Survival-Contingent Payouts (2008)Asset Allocation and Location…Asset Prices in an Exchange Economy (1978)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)The Dual Theory of Choice under Risk (1987)Dynamic Asset Pricing Theory. (1993)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Investor Psychology and Asset Pricing (2001)Lifetime Portfolio Selection By Dynamic Stochastic Programming (1969)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)An equilibrium characterization of the term structure (1977)A Theory of the Term Structure of Interest Rates (1985)Saving and Liquidity Constraints (1991)Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis (1997)Cognitive Ability and Portfolio Choice (2010)Financial Literacy, Retirement Planning and Household Wealth (2012)Common risk factors in the returns on stocks and bonds (1993)Idiosyncratic Risk Matters! (2003)Market Frictions, Price Delay, and the Cross-Section of Expected Returns (2005)An Intertemporal Capital Asset Pricing Model (1973)Business conditions and expected returns on stocks and bonds (1989)The Dog That Did Not Bark: A Defense of Return Predictability (2007)The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior (2001)Trusting the Stock Market (2005)Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth (2007)Financial Literacy and Stock Market Participation (2007)Precautionary Saving and Social Insurance (1995)Entrepreneurship, Frictions, and Wealth (2006)Monetary Policy According to HANK (2018)The Evolution of Cooperation (1981)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)Strategic Asset Allocation (2002)Golden Eggs and Hyperbolic Discounting (1997)The Economic Importance of Financial Literacy: Theory and Evidence (2014)
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References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 cited
  • 1989Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework4,270 cited
  • 1965Uncertain Lifetime, Life Insurance, and the Theory of the Consumer3,204 cited
  • 2006Household Finance2,391 cited
  • 2002Consumption Over the Life Cycle1,824 cited
  • 2005Consumption and Portfolio Choice over the Life Cycle1,544 cited
  • 2000Investing for the Long Run when Returns Are Predictable1,372 cited
  • 1992Labor supply flexibility and portfolio choice in a life cycle model1,136 cited
  • 2000Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk1,042 cited
  • 1999Consumption and Portfolio Decisions when Expected Returns are Time Varying1,035 cited
  • 2004Portfolio Choice in the Presence of Housing1,004 cited
  • 1999New Evidence on the Money's Worth of Individual Annuities795 cited
  • 2005Optimal life cycle asset allocation : understanding the empirical evidence773 cited
  • 2001Optimal Portfolio Choice for Long‐Horizon Investors with Nontradable Labor Income

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755 cited
  • 2005Annuities and Individual Welfare715 cited
  • Cited by

    • 2015How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios100 cited
    • 2009Variable payout annuities and dynamic portfolio choice in retirement98 cited
    • 2010Dynamic portfolio choice with deferred annuities87 cited
    • 2013Age-dependent investing: Optimal funding and investment strategies in defined contribution pension plans when members are rational life cycle financial planners82 cited
    • 2016The annuity puzzle remains a puzzle78 cited
    • 2015Optimal life cycle portfolio choice with variable annuities offering liquidity and investment downside protection69 cited
    • 2020Displaced, disliked and misunderstood: A systematic review of the reasons for low uptake of long-term care insurance and life annuities60 cited
    • 2008Valuation of mortality risk via the instantaneous Sharpe ratio: Applications to life annuities58 cited
    • 2009Computable Stochastic Equilibrium Models and Their Use in Pension- and Ageing Research56 cited
    • 2013Optimal Portfolio Choice with Annuities and Life Insurance for Retired Couples48 cited
    • 2008Asset Allocation and Location over the Life Cycle with Survival-Contingent Payouts39 cited
    • 2013Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection34 cited
    • 2019What Do We Know About Annuitization Decisions?28 cited
    • 2015Optimal Annuity Purchases for Australian Retirees28 cited
    • 2009Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts25 cited
    • 2023Household finance: a systematic literature review and directions for future research24 cited