SSRN Microeconomics: Life Cycle Models & Behavioral Life Cycle Models eJournal

1.

How Biases Affect Investor Behaviour

The European Financial Review, February-March 2014, pp. 7-10

Number of pages: 4 Posted: 23 Jun 2014

Accepted Paper Series

H. Kent Baker and Victor Ricciardi

American University - Kogod School of Business and Goucher College - Department of Business Management

Downloads 4,329

2.

The Efficacy of Publicly-Available Retirement Planning Tools

Number of pages: 33 Posted: 18 Feb 2016 Last Revised: 26 Feb 2016

Working Paper Series

Taft Dorman, Barry S. Mulholland, Qianwen Bi and Harold Evensky

Texas Tech University, Texas Tech University, Utah Valley University and Texas Tech University

Downloads 4,062

3.

Old Age and the Decline in Financial Literacy

Forthcoming in Management Science

Number of pages: 40 Posted: 24 Oct 2011 Last Revised: 30 Oct 2015

Working Paper Series

Michael S. Finke, John S. Howe and Sandra J. Huston

The American College, University of Missouri at Columbia - Department of Finance and Texas Tech University

Downloads 2,499

4.

Lifetime Expected Income Breakeven Comparison between SPIAs and Managed Portfolios

Number of pages: 65 Posted: 30 Aug 2013 Last Revised: 25 Apr 2015

Working Paper Series

Larry R. Frank Sr., John B. Mitchell and Wade D. Pfau

Academy of Financial Services, Central Michigan University - Department of Finance and Law and The American College

Downloads 2,204

5.

Life-Cycle Theory and Free Cash Flow Hypothesis: Evidence from Dividend Policy in Thailand

International Journal of Financial Research, Vol. 2, No. 2, 2011

Number of pages: 11 Posted: 26 Jun 2011

Accepted Paper Series

Yordying Thanatawee

Burapha University - Graduate School of Commerce

Downloads 1,323

6.

Value versus Growth Investing: Why Do Different Investors Have Different Styles?

Journal of Financial Economics, Volume 117, Issue 2, August 2015, Pages 333–349,

Number of pages: 41 Posted: 07 Nov 2013 Last Revised: 01 Sep 2016

Accepted Paper Series

Henrik Cronqvist, Stephan Siegel and Frank Yu

University of Miami - Department of Finance, University of Washington - Michael G. Foster School of Business and China Europe International Business School

Downloads 1,056

7.

Why American Workers’ Retirement Income Security Prospects Look so Bleak: A Review of Recent Assessments

Published in Journal of Retirement, Summer 2014, 2(1): 35-54

Number of pages: 52 Posted: 06 May 2014 Last Revised: 13 Jan 2015

Working Paper Series

Gaobo Pang and Sylvester J. Schieber

Northern Trust Asset Management and Willis Towers Watson

Downloads 930

8.

Required Retirement Savings Rates Today

Number of pages: 22 Posted: 18 Oct 2016

Working Paper Series

David Blanchett, Michael S. Finke and Wade D. Pfau

Morningstar Investment Management, The American College and The American College

Downloads 779

9.

Life Cycle Investing and Smart Beta Strategies

Number of pages: 28 Posted: 03 Apr 2017

Working Paper Series

Bill Carson, Sara Shores and Nicholas Nefouse

BlackRock, Inc, BlackRock and BlackRock, Inc

Downloads 767

10.

Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice

Journal of Finance, Vol. 71, No. 2, 2016, Netspar Discussion Paper No. 05/2011-050, Chicago Booth Research Paper No. 11-34, Fama-Miller Working Paper, NYU Working Paper No. FIN-11-055

Number of pages: 63 Posted: 10 May 2011 Last Revised: 24 Dec 2015

Accepted Paper Series

Ralph S. J. Koijen, Stijn Van Nieuwerburgh and Motohiro Yogo

New York University (NYU) - Department of Finance, New York University Stern School of Business, Department of Finance and Princeton University - Department of Economics

There are 2 versions of this paper

Downloads 675

11.

The Lifetime Sequence of Returns: A Retirement Planning Conundrum

Number of pages: 11 Posted: 04 Jan 2015

Working Paper Series

Wade D. Pfau

The American College

Downloads 659

12.

Retirement Spending and Biological Age

Number of pages: 34 Posted: 16 Feb 2017

Working Paper Series

Huang Huaxiong, Moshe A. Milevsky and T. S. Salisbury

York University, York University - Schulich School of Business and York University

Downloads 640

13.

The Floor-Leverage Rule for Retirement

Number of pages: 26 Posted: 20 Nov 2011

Working Paper Series

Jason S. Scott and John G. Watson

Financial Engines, Inc. and Financial Engines, Inc.

Downloads 635

14.

Dividend Policy and the Life Cycle Hypothesis: Evidence from Taiwan

The International Journal of Business and Finance Research, Vol. 5, No. 1, pp. 33-52, 2011

Number of pages: 20 Posted: 03 Jul 2011

Accepted Paper Series

Ming-Hui Wang, Mei-Chu Ke, Day-Yang Liu and Yen-Sheng Huang

National Taiwan University of Science and Technology, National Chin-Yi University of Technology, National Taiwan University - Department of Business Administration and National Taiwan University of Science and Technology

Downloads 614

15.

Longevity Risk and Retirement Income Tax Efficiency: A Location Spending Rate Puzzle

Number of pages: 34 Posted: 19 Nov 2011 Last Revised: 19 May 2017

Working Paper Series

Huang Huaxiong and Moshe A. Milevsky

York University and York University - Schulich School of Business

Downloads 545

16.

How Important is Asset Allocation to Financial Security in Retirement?

Center for Retirement Research at Boston College Working Paper No. 2012-13

Number of pages: 28 Posted: 13 Apr 2012

Working Paper Series

Alicia H. Munnell, Natalia Orlova and Anthony Webb

Boston College - Center for Retirement Research, Boston College, Center for Retirement Research and Boston College - Center for Retirement Research

Downloads 446

17.

How Long Does the Market Think You Will Live? Implying Longevity from Annuity Prices

Number of pages: 35 Posted: 15 Jan 2014

Working Paper Series

Alexander Chigodaev, Moshe A. Milevsky and T. S. Salisbury

National Research University Higher School of Economics, York University - Schulich School of Business and York University

Downloads 424

18.

Estate Planning for Digital Assets

Estate Planning Studies, July 2011

Number of pages: 8 Posted: 07 Jul 2011

Accepted Paper Series

Gerry W. Beyer and Kerri G. Nipp

Texas Tech University School of Law and U.S. Trust

There are 2 versions of this paper

Downloads 413

19.

Time Inconsistent Preferences and the Annuitization Decision

Journal of Economic Behavior and Organization, Vol. 129, 2016

Number of pages: 67 Posted: 15 Feb 2013 Last Revised: 10 Sep 2016

Accepted Paper Series

Philipp Schreiber and Martin Weber

University of Mannheim - Finance Department and University of Mannheim - Department of Banking and Finance

There are 2 versions of this paper

Downloads 403

20.

Optimal Retirement Tontines for the 21st Century: With Reference to Mortality Derivatives in 1693

Number of pages: 43 Posted: 29 May 2013

Working Paper Series

Moshe A. Milevsky and T. S. Salisbury

York University - Schulich School of Business and York University

Downloads 388

21.

Life Annuities: An Optimal Product for Retirement Income

CFA Institute Research Foundation Monograph

Number of pages: 150 Posted: 01 Mar 2015

Accepted Paper Series

Moshe A. Milevsky

York University - Schulich School of Business

Downloads 387

22.

Can 'High Costs' Justify Weak Demand for the Home Equity Conversion Mortgage?

Review of Financial Studies 2015; doi: 10.1093/rfs/hhv019

Number of pages: 50 Posted: 16 Sep 2012 Last Revised: 18 Mar 2015

Accepted Paper Series

Thomas Davidoff

University of British Columbia (UBC) - Sauder School of Business

Downloads 381

23.

The Tax Benefit of Income Smoothing

Journal of Banking & Finance 38 (2014) 78–88,

Number of pages: 11 Posted: 10 May 2011 Last Revised: 30 Oct 2013

Accepted Paper Series

Kristian Rydqvist, Steven T. Schwartz and Joshua D. Spizman

State University of New York at Binghamton - School of Management, SUNY at Binghamton - School of Management and Loyola Marymount University - Department of Finance and Computer Information Systems

There are 2 versions of this paper

Downloads 368

24.

A Dynamic Model of Health, Education, and Wealth with Credit Constraints and Rational Addiction

Becker Friedman Institute for Research in Economics Working Paper No. 2688384

Number of pages: 79 Posted: 13 Nov 2015 Last Revised: 13 Jan 2016

Working Paper Series

Rong Hai and James J. Heckman

University of Miami - School of Business Administration and University of Chicago - Department of Economics

Downloads 344

25.

Dynamic Retirement Withdrawal Planning

Financial Services Review, Vol. 15, 2006

Number of pages: 15 Posted: 23 Dec 2014

Accepted Paper Series

R Gene Stout and John B. Mitchell

Central Michigan University - Department of Finance and Law and Central Michigan University - Department of Finance and Law

Downloads 344

26.

The Dynamics of Performance Volatility and Firm Valuation

Journal of Financial and Quantitative Analysis, Vol. 52, Issue 1, pp. 111-142, February 2017

Number of pages: 44 Posted: 17 Aug 2014 Last Revised: 26 Feb 2017

Accepted Paper Series

Jianxin Daniel Chi and Xunhua Su

University of Nevada, Las Vegas (UNLV) - Department of Finance and Norwegian School of Economics

Downloads 342

27.

Self-Control and Loss Aversion in Intertemporal Choice

Journal of Socio-Economics, Volume 26, No. 5, pp. 513-424, 1997

Number of pages: 12 Posted: 29 Sep 2012

Accepted Paper Series

Marcus Selart, Niklas Karlsson and Tommy Garling

Norwegian School of Economics (NHH) - Department of Strategy and Management, Goteborg University, Faculty of Social Sciences, Department of Psychology and Göteborg University

Downloads 328

28.

Firm Life Cycle and Stock Price Crash Risk

Number of pages: 52 Posted: 07 Jan 2016 Last Revised: 23 Apr 2016

Working Paper Series

Lars Hamers, Annelies Renders and Patrick Vorst

Maastricht University, Maastricht University and Maastricht University School of Business and Economics

Downloads 325

29.

Executive Compensation: A Firm Life Cycle Analysis

Number of pages: 59 Posted: 02 Sep 2015 Last Revised: 01 Oct 2015

Working Paper Series

Katharine D. Drake and Melissa Martin

University of Arizona - Department of Accounting and University of Illinois - Chicago

Downloads 320

30.

Firm Life Cycle and Real-Activity Based Earnings Management

Number of pages: 42 Posted: 10 Dec 2015 Last Revised: 01 May 2017

Working Paper Series

Neerav Nagar and Suresh Radhakrishnan

Indian Institute of Management Ahmedabad and University of Texas at Dallas - School of Management

Downloads 319

31.

Financial Literacy and Retirement Planning in Australian

UNSW Australian School of Business Research Paper No. 2012ACTL16

Number of pages: 23 Posted: 17 Jan 2013

Working Paper Series

Julie R. Agnew, Hazel Bateman and Susan Thorp

College of William and Mary - Mason School of Business, University of New South Wales (UNSW) - School of Actuarial Studies, Centre for Pensions and Superannuation and University of Sydney Business School

Downloads 305

32.

Yaari's Lifecycle Model in the 21st Century: Consumption Under a Stochastic Force of Mortality

Number of pages: 26 Posted: 22 Apr 2011

Working Paper Series

Moshe A. Milevsky, Huang Huaxiong and T. S. Salisbury

York University - Schulich School of Business, York University and York University

Downloads 304

33.

The Lifecycle of the Firm, Corporate Governance and Investment Performance

Documentos de Trabajo Economía y Finanzas No. 13-30,

Number of pages: 40 Posted: 24 Jan 2014

Working Paper Series

Jimmy A. Saravia

Universidad EAFIT - School of Economics and Finance - Center for Research in Economic & Finance (CIEF)

There are 2 versions of this paper

Downloads 302

34.

Rational Pensions for Irrational People: Behavioral Science Lessons for the Netherlands

Netspar Discussion Paper No. 09/2011-076

Number of pages: 29 Posted: 26 Sep 2011

Working Paper Series

Zvi Bodie and Henriette M. Prast

Boston University - Department of Finance & Economics and Tiburg University

Downloads 294

35.

Ambiguity Attitudes in a Large Representative Sample

Netspar Discussion Paper No. 06/2011-054

Number of pages: 67 Posted: 01 Jul 2011 Last Revised: 04 Feb 2015

Working Paper Series

Stephen G. Dimmock, Roy Kouwenberg and Peter P. Wakker

Nanyang Technological University - Division of Finance, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Downloads 292

36.

From Antidiscrimination to Equality: Stereotypes and the Life Cycle in the United States and Europe

American Journal of Comparative Law, Vol. 60, 2012, Cardozo Legal Studies Research Paper No. 365

Number of pages: 24 Posted: 19 Dec 2011 Last Revised: 08 Apr 2015

Accepted Paper Series

Julie C. Suk

Yeshiva University - Benjamin N. Cardozo School of Law

Downloads 280

37.

Retirement Age Across Countries: The Role of Occupations

Number of pages: 45 Posted: 07 Oct 2011

Working Paper Series

Philip U. Sauré and Hosny Zoabi

Swiss National Bank - International Research and Technical Assistance Division and New Economic School (NES)

Downloads 265

38.

Asset Market Participation and Portfolio Choice Over the Life-Cycle

Journal of Finance, Forthcoming

Number of pages: 51 Posted: 24 Mar 2016 Last Revised: 30 Oct 2016

Accepted Paper Series

Andreas Fagereng, Charles Gottlieb and Luigi Guiso

Statistics Norway, University of St. Gallen - SEPS: Economics and Political Sciences and Einaudi Institute for Economics and Finance (EIEF)

There are 4 versions of this paper

Downloads 260

39.

Exponential-Growth Bias and Lifecycle Consumption

Number of pages: 46 Posted: 10 Sep 2012 Last Revised: 12 Jan 2015

Working Paper Series

Matthew R. Levy and Joshua Tasoff

London School of Economics & Political Science (LSE) - Department of Economics and Claremont Colleges - Claremont Graduate University

Downloads 260

40.

Globalization and the Rise of the Entrepreneurial Economy

Jena Economic Research Paper No. 2007-003

Number of pages: 47 Posted: 04 Oct 2007

Working Paper Series

David B. Audretsch and Mark Sanders

Indiana University - Institute for Development Strategies and Utrecht University - Utrecht University School of Economics

There are 2 versions of this paper

Downloads 251

41.

Behavioral and Psychological Aspects of the Retirement Decision

Social Security Bulletin, Vol. 71, No. 4, pp. 15-32, 2011

Number of pages: 18 Posted: 04 Nov 2011 Last Revised: 25 Apr 2015

Accepted Paper Series

Melissa Knoll

Social Security Administration - Office of Retirement Policy

Downloads 249

42.

Household Portfolio Choice and Retirement

Number of pages: 87 Posted: 17 Nov 2013 Last Revised: 25 Jun 2016

Working Paper Series

Jawad M. Addoum

Cornell University

Downloads 248

43.

Declining Propensity to Pay? A Re-Examination of the Life Cycle Theory

Journal of Corporate Finance, Vol. 27 (2014) 345-366

Number of pages: 45 Posted: 02 May 2013 Last Revised: 05 Feb 2015

Accepted Paper Series

Monica Banyi and Kathleen M. Kahle

University of Idaho - Department of Accounting and University of Arizona - Department of Finance

Downloads 247

44.

How Should Retirees Manage Investment and Longevity Risk in a Defined Contribution World?

Rotman International Journal of Pension Management, Vol. 4, No. 1, pp. 62-67, 2011

Number of pages: 11 Posted: 03 May 2011 Last Revised: 03 Jun 2011

Accepted Paper Series

Don Ezra

Don Ezra Consulting Services LLC

Downloads 246

45.

YOLO: Mortality Beliefs and Household Finance Puzzles

FRB of Cleveland Working Paper No. 15-21

Number of pages: 72 Posted: 07 Oct 2015 Last Revised: 20 Jan 2017

Accepted Paper Series

Rawley Heimer, Kristian Ove R. Myrseth and Raphael Schoenle

Federal Reserve Bank of Cleveland, Trinity College Dublin and Brandeis University

Downloads 243

46.

Work Incentives of Medicaid Beneficiaries and the Role of Asset Testing

Number of pages: 53 Posted: 12 Sep 2013 Last Revised: 08 Jul 2016

Working Paper Series

Svetlana Pashchenko and Ponpoje Porapakkarm

University of Georgia and National Graduate Institute for Policy Studies (GRIPS, Tokyo)

Downloads 242

47.

Life Cycle Goal Achievement or Portfolio Volatility Reduction?

Number of pages: 34 Posted: 29 Mar 2015 Last Revised: 08 Oct 2015

Working Paper Series

M. A. H. Dempster, Dwayne Kloppers, Igor Osmolovskiy, Elena Medova and Philipp Ustinov

University of Cambridge - Centre for Financial Research, Alexander Forbes Financial Services (Pty) Ltd, Cambridge Systems Associates Limited, University of Cambridge - Centre for Financial Research and Cambridge Systems Associates Limited

Downloads 240

48.