Optimal retirement time under habit persistence: what makes individuals retire early?
From MaRDI portal
Publication:4585945
Recommendations
- Optimal asset allocation, consumption and retirement time with the variation in habitual persistence
- On retirement time decision making
- Optimal consumption and portfolio selection with early retirement option
- Optimal consumption-portfolio choices and retirement planning
- Horizon effect on optimal retirement decision
Cites work
- Annuitization and asset allocation
- Asset Prices in an Exchange Economy with Habit Formation
- Continuous-time security pricing. A utility gradient approach
- DISUTILITY, OPTIMAL RETIREMENT, AND PORTFOLIO SELECTION
- Dynamic decision making: what do people do?
- Household consumption, investment and life insurance
- Lifetime consumption and investment: retirement and constrained borrowing
- Naive, resolute or sophisticated? A study of dynamic decision making
- OPTIMAL PORTFOLIO, CONSUMPTION‐LEISURE AND RETIREMENT CHOICE PROBLEM WITH CES UTILITY
- Optimal Portfolio and Consumption Decisions for a “Small Investor” on a Finite Horizon
- Optimal consumption and portfolio policies when asset prices follow a diffusion process
- Optimal consumption, investment and life insurance with surrender option guarantee
- Optimal consumption-portfolio choices and retirement planning
- Optimal investment
- Optimal investment, consumption and retirement choice problem with disutility and subsistence consumption constraints
- Portfolio and consumption choice with stochastic investment opportunities and habit formation in preferences
Cited in
(10)- Time-inconsistent life-cycle consumption and retirement choice with mortality risk
- Optimal contribution rate of PAYGO pension
- Life-cycle planning with ambiguous economics and mortality risks
- Optimal annuitization and asset allocation under linear habit formation
- On retirement time decision making
- Optimal DB-PAYGO pension management towards a habitual contribution rate
- Optimal life-cycle consumption and investment decisions under age-dependent risk preferences
- Commitment and partial naïveté: early withdrawal penalties on retirement accounts
- Optimal mix among PAYGO, EET and individual savings
- Optimal asset allocation, consumption and retirement time with the variation in habitual persistence
This page was built for publication: Optimal retirement time under habit persistence: what makes individuals retire early?
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4585945)