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Portfolio Choice Over the Life Cycle: A Survey

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Life-cycle portfolio choice models capture the role of human capital, housing, borrowing constraints, background risk, and several other crucial ingredients for determining the savings and investme... Click to show full abstract

Life-cycle portfolio choice models capture the role of human capital, housing, borrowing constraints, background risk, and several other crucial ingredients for determining the savings and investme...

Keywords: life cycle; portfolio choice

Journal Title: Review of Financial Economics
Year Published: 2020

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