Construct · 1 fields · 1 citations

life-cycle portfolio choice: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Household finance

how the best share of wealth in stocks changes with age when future labor income acts like a safe, bond-like asset.

In household finance, life-cycle portfolio choice refers to how the best share of wealth in stocks changes with age when future labor income acts like a safe, bond-like asset. This meaning comes from Cocco (2005) in Review of Financial Studies.[1]

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Nearby constructs

asset2 fields · 2 citationsjingle · one word, two constructs future3 fields · 6 citationsjingle · one word, three constructs household finance1 fields · 1 citationsanchor · a standalone construct

References

Cocco, J. F., Gomes, F. J., & Maenhout, P. J. (2005). Consumption and Portfolio Choice over the Life Cycle. Review of Financial Studies, 18(2), 491-533. https://doi.org/10.1093/rfs/hhi017

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