Optimizing the Aging, Retirement and Pensions Dilemma

摘要

This is a three-part volume on broad issues in retirement, savings and pensions. The first part deals with general issues in the economics and financial economics of pensions and retirement, the second is a collection of academic essays on a diverse range of retirement-related topics, and the third presents some applications of discrete-time stochastic dynamic programming to corporate and individual pension decisions. The approach of the volume varies greatly from chapter to chapter, and it is therefore difficult to decide who the target audience is meant to be. The book is likely to be most useful to practitioners who have an interest using stochastic programming to determine pension fund and individual asset allocation. For these readers,