Modelling optimal asset allocation when households experience health shocks
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DOI: 10.1007/s11156-016-0589-6
Abstract: Health status is an important factor in household portfolio decision-making. We develop a theoretical framework to model how households make optimal asset allocation decisions in response to health risks. Our two- and three-asset models both… read more here.
Keywords: asset allocation; asset; optimal asset; households experience ... See more keywords