Lifetime investment and consumption using a defined-contribution pension scheme

DOI10.1016/j.jedc.2012.01.012zbMath1345.91070OpenAlexW3124529337MaRDI QIDQ310917

Paul Emms

Publication date: 28 September 2016

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2012.01.012

zbMATH Keywords

defined-contribution pensionlifecycle modelreplacement ratiostochastic income

Mathematics Subject Classification ID

Financial applications of other theories (91G80) Portfolio theory (91G10)

Related Items

Time-inconsistent consumption-investment problem for a member in a defined contribution pension plan, Asset allocation under loss aversion and minimum performance constraint in a DC pension plan with inflation risk, Multi-period defined contribution pension funds investment management with regime-switching and mortality risk, A bias-corrected least-squares Monte Carlo for solving multi-period utility models, Ambiguity aversion and optimal derivative-based pension investment with stochastic income and volatility, Multi-period portfolio optimization in a defined contribution pension plan during the decumulation phase, Age-dependent investing: optimal funding and investment strategies in defined contribution pension plans when members are rational life cycle financial planners, Asset allocation for a DC pension fund with stochastic income and mortality risk: a multi-period mean-variance framework, Markowitz's mean-variance defined contribution pension fund management under inflation: a continuous-time model, Time consistent mean-variance asset allocation for a DC plan with regime switching under a jump-diffusion model, Dynamic discrete-time portfolio selection for defined contribution pension funds with inflation risk

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