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-age benefits boost demand for stable income in retirement, but also when young. In addition, a declining equity glide path with age … retirement. We also evaluate how differences in social security benefits can influence retirement risk management …
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"Theoretical investigations have examined both anti-competitive and efficiency-inducing rationales for vertical bundling, making empirical evidence important to understanding its welfare implications. We use an extensive dataset on full-line forcing contracts between movie distributors and video...
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"This paper presents a dynamic model of a public pension fund's choice of portfolio risk. Optimal portfolio allocations are derived when pension fund management maximize the utility of wealth of a representative taxpayer or when pension fund management maximize their own utility of compensation....
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