Showing 1 - 10 of 48
Persistent link: https://www.econbiz.de/10014233163
Persistent link: https://www.econbiz.de/10012698311
Persistent link: https://www.econbiz.de/10012107727
Persistent link: https://www.econbiz.de/10011689618
Persistent link: https://www.econbiz.de/10014364207
Persistent link: https://www.econbiz.de/10011782544
Persistent link: https://www.econbiz.de/10014310113
Persistent link: https://www.econbiz.de/10012885876
A considerable literature examines the optimal decumulation of financial wealth in retirement. We extend this research to incorporate housing, which comprises the majority of most households’ non-pension wealth.We estimate the relationship between the returns on housing, stocks, and bonds, and...
Persistent link: https://www.econbiz.de/10014585454
Abstract Insurance companies, employer pension plans, and the U.S. government all provide annuities and therefore assume aggregate mortality risk. Using the widely-cited Lee-Carter mortality model, we quantify aggregate mortality risk as the risk that the average annuitant lives longer than is...
Persistent link: https://www.econbiz.de/10014587668