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On the role of social security as a means for efficient risk-bearing in an economy where human capital is not tradeable

Merton, Robert C. - 1981

Persistent link: https://www.econbiz.de/10002480782

Applications of option-pricing theory: twenty-five years later

Merton, Robert C. - In: Real options and investment under uncertainty : …, (pp. 623-632). 2004

Persistent link: https://www.econbiz.de/10002363161

Future trends in asset management : challenges and observations

Merton, Robert C. - In: Asset management in volatile markets, (pp. 13-37). 2008

Persistent link: https://www.econbiz.de/10003995532

ADB’s distinguished speakers program measuring the connectedness of the financial system : implications for risk management

Merton, Robert C. - In: Asian development review 31 (2014) 1, pp. 186-210

Persistent link: https://www.econbiz.de/10010363604

Tribute to Paul A. Samuelson

Merton, Robert C. - In: The journal of portfolio management : a publication of … 36 (2009/10) 2, pp. 1

Persistent link: https://www.econbiz.de/10009520393

The future of retirement planning

Merton, Robert C. - In: Private wealth : advances in wealth management practices, (pp. 7-18). 2009

Persistent link: https://www.econbiz.de/10003809990

Financial innovation and economic performance

Merton, Robert C. - In: Corporate risk : strategies and management, (pp. 39-52). 2005

Persistent link: https://www.econbiz.de/10003276141

Allocating shareholder capital to pension plans

Merton, Robert C. - In: Corporate risk management, (pp. 184-204). 2008

Persistent link: https://www.econbiz.de/10003660501

A new generation of pension fund management

Merton, Robert C. - In: Innovations in investment management : cutting edge …, (pp. 1-17). 2008

Persistent link: https://www.econbiz.de/10003748827

On the Role of Social Security as a Means for Efficient Risk-Bearing in an Economy Where Human Capital Is Not Tradeable

Merton, Robert C. - 1981

An intertemporal general equilibrium model of an economy with overlapping generations and two factors of production, labor and capital, is used to analyze the economic inefficiencies caused by the non- tradeability of human capital -and to derive a constrained pareto-optimal sys tern of taxes...

Persistent link: https://www.econbiz.de/10012478372