Precautionary portfolio behavior from a life-cycle perspective

Article Abstract:

An analysis of portfolio management from the human life-cycle perspective reveals that the traditional literature on household portfolio management disregards estimates of shock persistence. The study reveals that traditional literature may be made to account for shock persistence estimates by computing for long-run income risk, bequest motives and abandoning representative-agent assumptions.

Author: Haliassos, Michael, Bertaut, Carol C.
Portfolio Management, Household Income, Social aspects, Finance, Consumption (Economics), Savings, Households

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Stochastic intertemporal duality: an application to investment under uncertainty

Article Abstract:

Stochastic analysis of investments made under uncertainty is presented.

Author: Krysiak, Frank C.
Germany, Management dynamics, Usage, Stochastic analysis, Company business management, Financial risk

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On dynamic investment strategies

Article Abstract:

A new method to analyze dynamic investment strategies is presented.

Author: Cox, John, C., Leland, Hayne E.

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Subjects list: Analysis, Management, Investments
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