{"entities":{"Q6072265":{"pageid":13206573,"ns":120,"title":"Item:Q6072265","lastrevid":93792722,"modified":"2026-06-05T05:08:17Z","type":"item","id":"Q6072265","labels":{"en":{"language":"en","value":"Optimal retirement savings over the life cycle: a deterministic analysis in closed form"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 7749728"}},"aliases":{},"claims":{"P31":[{"mainsnak":{"snaktype":"value","property":"P31","hash":"fd5912e4dab4b881a8eb0eb27e7893fef55176ad","datavalue":{"value":{"entity-type":"item","numeric-id":56887,"id":"Q56887"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$EAB0A1D6-A634-4012-96B0-A34841BBBBFC","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"c99ec0be55783e0611cfd251ea6004019edfb52f","datavalue":{"value":{"text":"Optimal retirement savings over the life cycle: a deterministic analysis in closed form","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q6072265$015BD7BE-8F54-471A-B696-9A9A433B1DAD","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"4f4e4dc3cc9cf62133a02c6e3c4110603565af50","datavalue":{"value":"1529.91061","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6072265$E94EBA46-D49C-4F67-80A4-C039A5961C3B","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"0a184613896fd5359a013697cdc2678eeb539e93","datavalue":{"value":{"entity-type":"item","numeric-id":1994152,"id":"Q1994152"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$C1464826-8BDC-4C1B-B43C-BC30674DE5A7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"2017a911d4a966131d50da5cf75b63cff528b0c4","datavalue":{"value":{"entity-type":"item","numeric-id":315469,"id":"Q315469"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$515593FB-744A-4105-B3C6-7F436F289B92","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"e030ebca78f6327ab670386f6969d7c65767bf0b","datavalue":{"value":{"entity-type":"item","numeric-id":6072264,"id":"Q6072264"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$AF4360F0-8E8F-48DA-89D5-C4CE8155E350","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"6fb49545b3ffbd90b84cabc3a46f56807c43d68e","datavalue":{"value":{"entity-type":"item","numeric-id":190727,"id":"Q190727"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$D2E725E7-BF6F-4B40-B37E-A9AB9809A3E6","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"814c982951c312d9e571bab059f6a40e9b74e991","datavalue":{"value":{"time":"+2023-10-12T00:00:00Z","timezone":0,"before":0,"after":0,"precision":11,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q6072265$9239F9FD-0C41-43F1-B908-D0B26868E481","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"4aa68aec2385333bb921b56085ca51ffd87116f6","datavalue":{"value":"The paper focuses on the life cycle consumption-savings problem within a scenario where a risk-free investment opportunity, a tax-deferred retirement account, and deterministic labor income are included. At first, the study deals with an unrestricted version of the consumption-savings problem in which individuals can borrow against future labor income. This version is then extended by the introduction of a non-negativity constraint on wealth, so achieving optimal consumption-savings decisions. Moreover, the paper considers a consumption-savings model that offers additional opportunities to save in a tax-deferred retirement account. So, the savings decision constitutes an asset location decision. Finally, some generalizations are presented.","type":"string"},"datatype":"string"},"type":"statement","id":"Q6072265$13B50DF2-0BE6-4886-9050-6D8AFCD68D61","rank":"normal"}],"P1447":[{"mainsnak":{"snaktype":"value","property":"P1447","hash":"0d4e3698ab41401fabaa279c072b204536f987e6","datavalue":{"value":{"entity-type":"item","numeric-id":591248,"id":"Q591248"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$DBABA9A1-705B-40E3-9DDC-20464156D969","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"dca30a6ec24eddc05bb2fc77670e5d2e11d3deaf","datavalue":{"value":"91G05","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6072265$EF0007B2-8E9B-4277-8C17-17C9F89A9274","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"87567ac00739e48dd27090f7f1a020b42ebbba54","datavalue":{"value":"7749728","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6072265$03EE6970-6570-4FCC-BF5F-EC9DFF1858EC","rank":"normal"}],"P1450":[{"mainsnak":{"snaktype":"value","property":"P1450","hash":"5ec854bd5b6e22a6f0bbc965681a95d2b7f5bdd2","datavalue":{"value":"retirement saving","type":"string"},"datatype":"string"},"type":"statement","id":"Q6072265$DCEAFE84-103D-4AB8-BEBC-CE7A9D98DCA6","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"bc9c1a70da73d3562591457fc18b899e75ce3e28","datavalue":{"value":"tax-deferred investing","type":"string"},"datatype":"string"},"type":"statement","id":"Q6072265$D2E7D6EB-74A8-43F6-814D-6D96EFCD1695","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"04ebfe67c9e9af99c56e2f2cb7887679bb836d00","datavalue":{"value":"borrowing constraints","type":"string"},"datatype":"string"},"type":"statement","id":"Q6072265$952E3B65-35D9-4A59-B7D5-8FFCFA752CC4","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"174479ab8fe7fd4b5417bf9c294b972adf135e5a","datavalue":{"value":"labor income","type":"string"},"datatype":"string"},"type":"statement","id":"Q6072265$3F28F1DA-021A-4AC3-A033-144083C408A0","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"cfee858214c4a0adf96d11042e212cbb7ad25c12","datavalue":{"value":"analytical solution","type":"string"},"datatype":"string"},"type":"statement","id":"Q6072265$7E6960DD-BCA7-48E7-A581-1FA07CF23507","rank":"normal"}],"P1460":[{"mainsnak":{"snaktype":"value","property":"P1460","hash":"57f7fea50d2ce1b39b695c4a1313582eed405e38","datavalue":{"value":{"entity-type":"item","numeric-id":5976449,"id":"Q5976449"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$A73B86B4-6CA2-4224-A4F5-E07740A1D854","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"f71a905dbfd3835a68782e7d636cd3b7337298c7","datavalue":{"value":{"entity-type":"item","numeric-id":4677673,"id":"Q4677673"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$49A20B18-DB27-46DD-A802-536C0D607091","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"eb4110a587648858cffbc53ea67fd1a400ff9a1b","datavalue":{"value":{"entity-type":"item","numeric-id":1994303,"id":"Q1994303"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$F6D79E93-F5EB-4026-A84B-0E1F94983C3B","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"7406203943c382e711150e621fc31b53e459a04d","datavalue":{"value":{"entity-type":"item","numeric-id":4351422,"id":"Q4351422"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$ECC6EC98-49FE-4AFE-8B35-5DD1DDB9B275","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"d710ae0e7c4aa21b58c930afcbef1b0841abde64","datavalue":{"value":{"entity-type":"item","numeric-id":4551451,"id":"Q4551451"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$D4B942B7-CC46-44CB-A87F-577E81C587D3","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"74d82956bb3b450812c130db9b4940aceb9a824d","datavalue":{"value":{"entity-type":"item","numeric-id":4555695,"id":"Q4555695"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$23FDA30A-881C-468D-88D0-1558FB0A4648","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"144b839a91aff9e0282927625e86e5f198a779e3","datavalue":{"value":{"entity-type":"item","numeric-id":5477771,"id":"Q5477771"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$E667A6BC-3E7B-4791-B443-BBAA774E7A11","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"01e7bfb893d31a2fa8c51053a93b0c8a475de17b","datavalue":{"value":{"entity-type":"item","numeric-id":5605639,"id":"Q5605639"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$43054C83-4D43-43A3-BC6B-65A07651BE64","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"1dcce3799b706b918a8263e57f598823a2880100","datavalue":{"value":{"entity-type":"item","numeric-id":2374096,"id":"Q2374096"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$B8F55C6F-6E5B-4F8E-8ADE-C0374BEF42FC","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"3711f1702e6014906ed0a4086933c61fe07dd39b","datavalue":{"value":{"entity-type":"item","numeric-id":2445342,"id":"Q2445342"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$F8CE609A-BB24-48EB-9BFF-5C22A2B15417","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"4de9370a09b25939ae4d90e182c77ef71dccb0fe","datavalue":{"value":{"entity-type":"item","numeric-id":140187,"id":"Q140187"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$8EBAB114-F586-4561-87AF-A3166FA2C694","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"1dc50ec03ab2bfb3296b6b2260471f80f98b0da9","datavalue":{"value":{"entity-type":"item","numeric-id":1575404,"id":"Q1575404"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$A2453F74-B7A4-47D5-8D50-5F45FB9FBDB4","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"d289a2fcacc44454954625adc972c169805a4241","datavalue":{"value":"10.1016/J.INSMATHECO.2023.05.010","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q6072265$A2BC18F6-A367-4CF3-B240-EACCAC924E08","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"c903bf9a366249119e6e98db756ccc1d130af48d","datavalue":{"value":{"entity-type":"item","numeric-id":4689976,"id":"Q4689976"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"707b8c479a9e4ab464c519667e920213a69ba274","datavalue":{"value":{"amount":"+0.8704162","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$064FA1A1-B2BA-4A86-A028-E554F6CD7260","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"ecd4edf65d963c004864c249e9ba52fc204304e8","datavalue":{"value":{"entity-type":"item","numeric-id":2445342,"id":"Q2445342"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"f06f21d2f1153bc3feb739ce736806629fd84618","datavalue":{"value":{"amount":"+0.8675007","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$CE7C82D4-41D5-498E-85F9-09DE3783CEFB","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"ef3df852721855aafd573b19d1b5cf31d7e38dbf","datavalue":{"value":{"entity-type":"item","numeric-id":2190059,"id":"Q2190059"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"ead52ca983617c6f62a1b23ce10a76dcd0c92a14","datavalue":{"value":{"amount":"+0.8670442","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$77B39798-7743-44AA-A7FA-679F825EF6D4","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"5db15849f849af1a87b931e1d048bdb32487d4fe","datavalue":{"value":{"entity-type":"item","numeric-id":5378528,"id":"Q5378528"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"40221540987db919336c673223e7d4c2e7825351","datavalue":{"value":{"amount":"+0.8661026","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$116F9743-9324-4657-84FA-B82F2A7DF039","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"152009606dc379f712e600daf2c78d948fbdbda4","datavalue":{"value":{"entity-type":"item","numeric-id":4554717,"id":"Q4554717"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"da1bb2858484a60e4ee31953ab685d3d2661b457","datavalue":{"value":{"amount":"+0.85588706","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$2F31C5E9-16E2-434C-A097-F797D73E7845","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"9921e0c51e4e8d50c57f64cb6eb331078ebd2a06","datavalue":{"value":{"entity-type":"item","numeric-id":426617,"id":"Q426617"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"63c8b2b515ba008caa2f64ebf4c75b16362907ff","datavalue":{"value":{"amount":"+0.85291815","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$018C6076-D051-488B-88A0-2F6288EA091F","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"24fba7b1c4ce30df7b5bfdf8205acd6354fdbe58","datavalue":{"value":{"entity-type":"item","numeric-id":5018740,"id":"Q5018740"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"b5460bf0fd71560b0299467d39c3131928b9c84a","datavalue":{"value":{"amount":"+0.85269666","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$168243F1-0509-4AB9-AD13-F629E308463E","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"ec3f46964048887fa1c79c396a8ec332bf4477ec","datavalue":{"value":{"entity-type":"item","numeric-id":1003344,"id":"Q1003344"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"607596add7d9d48fef61f62ddb043ab84e37de94","datavalue":{"value":{"amount":"+0.8524232","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"ac3c626774dcd0d16f89557f66586245841a01db","datavalue":{"value":{"entity-type":"item","numeric-id":6767936,"id":"Q6767936"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q6072265$EB2248CA-BEA2-4492-91F1-738EC0BB1E59","rank":"normal"}],"P163":[{"mainsnak":{"snaktype":"value","property":"P163","hash":"45fcd4163b5f33e6e8c784f5522d7246c0a1a61e","datavalue":{"value":{"entity-type":"item","numeric-id":57056,"id":"Q57056"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q6072265$5D41EE2F-FE07-4E49-8B99-C067B286BFCB","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"Optimal retirement savings over the life cycle: a deterministic analysis in closed form","badges":[]}}}}}