PORTFOLIO CHOICE UNDER UNCERTAIN LIFETIME

被引：11
|
作者：
Bommier, Antoine [1 ]
机构：
[1] CNRS, Toulouse Sch Econ, GREMAQ, F-75700 Paris, France
来源：
JOURNAL OF PUBLIC ECONOMIC THEORY | 2010年 / 12卷 / 01期
关键词：
RISK-AVERSION; SELECTION;
D O I：
10.1111/j.1467-9779.2009.01447.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper revisits the theory on life cycle savings and portfolio choice under uncertain lifetime emphasizing the role of temporal risk aversion. It provides new insights on the impact of mortality rates on optimal financial strategies. This is of particular interest for the management of pension funds.
引用
收藏
页码：57 / 73
页数：17
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