Life-cycle asset allocation with annuity markets
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Publication:2654416
DOI10.1016/J.JEDC.2008.01.007zbMath1181.91291OpenAlexW3123482046MaRDI QIDQ2654416
Michael Z. Stamos, Wolfram J. Horneff, Raimond H. Maurer
Publication date: 19 January 2010
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jedc.2008.01.007
Related Items (21)
Ambiguous life expectancy and the demand for annuities ⋮ The annuity puzzle remains a puzzle ⋮ Optimal life insurance and annuity demand under hyperbolic discounting when bequests are luxury goods ⋮ Annuitizing at a bounded, absolutely continuous rate to minimize the probability of lifetime ruin ⋮ Optimal portfolio choice of couples with tax-deferred accounts and survival-contingent products ⋮ Optimal Portfolio Choice with Health-Contingent Income Products: The Value of Life Care Annuities ⋮ Longevity risk and capital markets: the 2015--16 update ⋮ The individual life-cycle, annuity market imperfections and economic growth ⋮ Optimizing the equity-bond-annuity portfolio in retirement: the impact of uncertain health expenses ⋮ Editorial: Longevity risk and capital markets: the 2013--14 update ⋮ Optimal life cycle portfolio choice with variable annuities offering liquidity and investment downside protection ⋮ The annuity puzzle and consumption hump under ambiguous life expectancy ⋮ Age-dependent investing: optimal funding and investment strategies in defined contribution pension plans when members are rational life cycle financial planners ⋮ Longevity Risk and Capital Markets: The 2012–2013 Update ⋮ Valuation of mortality risk via the instantaneous Sharpe ratio: applications to life annuities ⋮ Longevity risk and capital markets: the 2019--20 update ⋮ A combined stochastic programming and optimal control approach to personal finance and pensions ⋮ GROWTH EFFECTS OF CONSUMPTION AND LABOR-INCOME TAXATION IN AN OVERLAPPING-GENERATIONS LIFE-CYCLE MODEL ⋮ Longevity Risk and Capital Markets: The 2017–2018 Update ⋮ Optimal Portfolio Choice in Retirement With Participating Life Annuities ⋮ Optimal retirement planning with a focus on single and joint life annuities
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