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Davies, James B.; Shorrocks, Anthony F. - In: Handbook of income distribution : volume 1, (pp. 605-675). 2000

differences, but inheritance is also widely recognised as playing a major role, especially at the upper end of the wealth range. A … the results of studies that assess the contributions of inheritance and lifecycle factors, and give attention also to a …

Persistent link: https://www.econbiz.de/10014024198

Effects of tax policy in a life-cycle model with asset illiquidity

Cui, Zhen - In: Journal of economic research 20 (2015) 3, pp. 257-279

Persistent link: https://www.econbiz.de/10011407722

Optimally investing to reach a bequest goal

Bayraktar, Erhan; Young, Virginia R. - In: Insurance / Mathematics & economics 70 (2016), pp. 1-10

Persistent link: https://www.econbiz.de/10011597071

Why Should We Invest in CoCos Than Stocks? An Optimal Growth Portfolio Approach

Jang, Hyun Jin - 2020

We investigate an optimal growth portfolio problem with contingent convertible bonds (CoCos). As the conversion risk in CoCos is closely associated with the issuer's capital structure and the stock price at conversion, we model both equity and credit risk to frame this optimisation problem. This...

Persistent link: https://www.econbiz.de/10012850360