Life-cycle asset allocation with annuity markets

DOI10.1016/j.jedc.2008.01.007zbMath1181.91291MaRDI 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

zbMATH Keywords

portfolio choice; life annuities; household finance; illiquid assets

Mathematics Subject Classification ID

91G50: Corporate finance (dividends, real options, etc.)

91G10: Portfolio theory

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