Optimal investment for a retirement plan with deferred annuities allowing for inflation and labour income risk
(2021)
Journal Article
Owadally, I., Jang, C., & Clare, A. (2021). Optimal investment for a retirement plan with deferred annuities allowing for inflation and labour income risk. European Journal of Operational Research, 295(3), 1132-1146. https://doi.org/10.1016/j.ejor.2021.03.052
We construct an optimal investment portfolio model for an individual investor saving in a retirement plan. The investor earns stochastic labour income with both permanent and temporary shocks, and has access to equity, conventional bond, inflation-in... Read More about Optimal investment for a retirement plan with deferred annuities allowing for inflation and labour income risk.