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Optimal consumption, portfolio and life insurance rules for an uncertain lived individual in a continuous time model

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Author Info
Richard, Scott F.
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File URL: http://www.sciencedirect.com/science/article/B6VBX-458X2B0-8/2/18a9611a51c61b253788acb279a05284
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Article provided by Elsevier in its journal Journal of Financial Economics.

Volume (Year): 2 (1975)
Issue (Month): 2 (June)
Pages: 187-203
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Handle: RePEc:eee:jfinec:v:2:y:1975:i:2:p:187-203

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Web page: http://www.elsevier.com/locate/inca/505576

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  1. Wolfram J. Horneff & Raimond H. Maurer & Olivia S. Mitchel & Michael Z. Stamos, 2008. "Asset Allocation and Location over the Life Cycle with Survival-Contingent Payouts," Working Papers wp177, University of Michigan, Michigan Retirement Research Center. [Downloadable!]
  2. Wolfram Horneff & Raimond Maurer & Michael Stamos, 2008. "Optimal Gradual Annuitization: Quantifying the Costs of Switching to Annuities," Working Paper Series: Finance and Accounting 174, Department of Finance, Goethe University Frankfurt am Main. [Downloadable!]
  3. Thomas Post, 2009. "Individual Welfare Gains from Deferred Life-Annuities under Stochastic Lee-Carter Mortality," SFB 649 Discussion Papers SFB649DP2009-022, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany. [Downloadable!]
  4. Fwu-Ranq Chang, 2001. "Life Insurance, Precautionary Saving and Contingent Bequest," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  5. Andrew B. Abel, 1987. "Capital Accumulation and Uncertain Lifetimes with Adverse Selection," NBER Working Papers 1664, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  6. Joel Slemrod & Wojciech Kopczuk, 2000. "The Impact of the Estate Tax on the Wealth Accumulation and Avoidance Behavior of Donors," NBER Working Papers 7960, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. Merton, Robert C., 1986. "Capital market theory and the pricing of financial securities," Working papers 1818-86., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
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  8. Lars E.O. Svensson, 1988. "Portfolio Choice and Asset Pricing With Nontraded Assets," NBER Working Papers 2774, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Andrew B. Abel & Mark Warshawsky, 1987. "Specification of the Joy of Giving: Insights from Altruism," NBER Working Papers 2154, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  10. Jess Benhabib & Shenghao Zhu, 2008. "Age, Luck, and Inheritance," NBER Working Papers 14128, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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