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Optimal Life‐Cycle Asset Allocation: Understanding the Empirical Evidence
16 references·16 citing·41 second hopsampled
Optimal Life‐Cycle Asset Allocation: Understanding the Empirical Evidence (2005)Optimal Life‐Cycle Asset Allocation: Unde…Wealth Inequality and Intergenerational Links (2004)Wealth Inequality and Interge…Portfolio Choice in the Presence of Housing (2004)Portfolio Choice in the Prese…Owner-Occupied Housing and the Composition of the Household Portfolio (2002)Owner-Occupied Housing and th…Limited Asset Market Participation and the Elasticity of Intertemporal Substitution (2002)Limited Asset Market Particip…Consumption Over the Life Cycle (2002)Consumption Over the Life Cyc…Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk (2000)Portfolio Choice and Asset Pr…Consumption and Portfolio Decisions when Expected Returns are Time Varying (1999)Consumption and Portfolio Dec…Strategic asset allocation (1997)Strategic asset allocationBuffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis (1997)Buffer-Stock Saving and the L…Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing (1996)Evaluating the Effects of Inc…Precautionary Saving and Social Insurance (1995)Precautionary Saving and Soci…The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence (1992)The Buffer-Stock Theory of Sa…Saving and Liquidity Constraints (1991)Saving and Liquidity Constrai…The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Substitution, Risk Aversion, …Capital Market Equilibrium with Transaction Costs (1986)Capital Market Equilibrium wi…Macroeconomics of Mental Health (2024)Macroeconomics of Mental Heal…Perceived Precautionary Savings Motives: Evidence from FinTech (2020)Perceived Precautionary Savin…High Sex Ratios and Household Portfolio Choice in China (2020)High Sex Ratios and Household…Attitudes Toward Debt and Debt Behavior (2018)Attitudes Toward Debt and Deb…Windfall Gains and Stock Market Participation (2015)Windfall Gains and Stock Mark…Valuing variable annuities with guaranteed minimum lifetime withdrawal benefits (2015)Valuing variable annuities wi…Savings After Retirement: A Survey (2015)Savings After Retirement: A S…Structural estimation of stock market participation costs (2013)Structural estimation of stoc…An Estimation of Economic Models with Recursive Preferences (2012)An Estimation of Economic Mod…The Role of Experience Sampling and Graphical Displays on One's Investment Risk Appetite (2010)The Role of Experience Sampli…Intergenerational risk sharing within funded pension schemes (2010)Intergenerational risk sharin…When Can Life Cycle Investors Benefit from Time-Varying Bond Risk Premia? (2009)When Can Life Cycle Investors…Are Stocks Really Less Volatile in the Long Run? (2009)Are Stocks Really Less Volati…Portfolio Choice with Puts: Evidence from Variable Annuities (2008)Portfolio Choice with Puts: E…Lifecycle Asset Allocation Strategies and the Distribution of 401(k) Retirement Wealth (2006)Lifecycle Asset Allocation St…Life-Cycle Portfolio Choice with Additive Habit Formation Preferences and Uninsurable Labor Income Risk (2006)Life-Cycle Portfolio Choice w…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)Uncertain Lifetime, Life Insurance, and the Theory of the Consumer (1965)Precautionary Saving in the Small and in the Large (1989)Understanding Consumption (1992)The Hyperbolic Consumption Model: Calibration, Simulation, and Empirical Evaluation (2001)Do the Rich Save More? (2004)Measuring Expectations (2004)Consumption and Liquidity Constraints: An Empirical Investigation (1989)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Panel Data Econometrics (2003)An Intertemporal Capital Asset Pricing Model (1973)The equity premium: A puzzle (1985)Strategic Asset Allocation (2002)Equity Portfolio Diversification (2008)Income, Saving and the Theory of Consumer Behavior. (1950)A Theory of the Consumption Function (1960)Credit Rationing in Markets with Imperfect Information (1981)The Endogenous Determination of Time Preference (1997)Macroeconomic Expectations of Households and Professional Forecasters (2003)Optimum consumption and portfolio rules in a continuous-time model (1971)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)Entrepreneurship, Frictions, and Wealth (2006)Precautionary Saving in the Small and in the Large (1990)A Contribution to the Empirics of Economic Growth (1992)Time Discounting and Time Preference: A Critical Review (2002)Optimal control of execution costs (1998)Corporate Yield Spreads and Bond Liquidity (2007)Liquidity and Expected Returns: Lessons from Emerging Markets (2007)Stock Return Predictability: Is it There? (2001)Bad Beta, Good Beta (2004)How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012)Golden Eggs and Hyperbolic Discounting (1997)Household Finance (2006)The Economic Importance of Financial Literacy: Theory and Evidence (2014)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1989Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework4,270 cited
  • 2002Consumption Over the Life Cycle1,824 cited
  • 1997Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis1,706 cited
  • 1991Saving and Liquidity Constraints1,650 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • 1995Precautionary Saving and Social Insurance1,112 cited
  • 1986Capital Market Equilibrium with Transaction Costs1,096 cited
  • 1992The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence1,060 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
  • 2002Limited Asset Market Participation and the Elasticity of Intertemporal Substitution1,011 cited
  • 2004Portfolio Choice in the Presence of Housing1,004 cited
  • 2002Owner-Occupied Housing and the Composition of the Household Portfolio832 cited
  • 2004Wealth Inequality and Intergenerational Links796 cited
  • 1997Strategic asset allocation730 cited

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

  • 1996Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing650 cited
  • Cited by

    • 2010Intergenerational risk sharing within funded pension schemes182 cited
    • 2006Life-Cycle Portfolio Choice with Additive Habit Formation Preferences and Uninsurable Labor Income Risk167 cited
    • 2009When Can Life Cycle Investors Benefit from Time-Varying Bond Risk Premia?143 cited
    • 2006Lifecycle Asset Allocation Strategies and the Distribution of 401(k) Retirement Wealth83 cited
    • 2024Macroeconomics of Mental Health60 cited
    • 2015Savings After Retirement: A Survey54 cited
    • 2015Valuing variable annuities with guaranteed minimum lifetime withdrawal benefits53 cited
    • 2012An Estimation of Economic Models with Recursive Preferences52 cited
    • 2020High Sex Ratios and Household Portfolio Choice in China47 cited
    • 2018Attitudes Toward Debt and Debt Behavior45 cited
    • 2013Structural estimation of stock market participation costs43 cited
    • 2010The Role of Experience Sampling and Graphical Displays on One's Investment Risk Appetite41 cited
    • 2009Are Stocks Really Less Volatile in the Long Run?39 cited
    • 2008Portfolio Choice with Puts: Evidence from Variable Annuities33 cited
    • 2020Perceived Precautionary Savings Motives: Evidence from FinTech32 cited
    • 2015Windfall Gains and Stock Market Participation32 cited