can influence lifecycle household portfolios. We examine how much the individual optimally saves and where, taking into … is appropriate for the worker with low income uncertainty; for the high income risk worker, equity exposure rises until … retirement. We also evaluate how differences in social security benefits can influence retirement risk management …

This paper examines how labor income volatility and social security benefits influence life-cycle household portfolios … uncertainty but for the high income risk worker, equity exposure rises until retirement. We also evaluate how changes in social … security benefits influence retirement risk management …

This paper examines how labor income volatility and social security benefits can influence lifecycle household … with low income uncertainty; for the high income risk worker, equity exposure rises until retirement. We also evaluate how … differences in social security benefits can influence retirement risk management …

This paper examines how labor income volatility and social security benefits can influence lifecycle household … with low income uncertainty; for the high income risk worker, equity exposure rises until retirement. We also evaluate how … differences in social security benefits can influence retirement risk management …

consumption volatility. A household's currently observed poverty status might therefore not be a good indicator of the household …'s general poverty risk, or in other words its vulnerability to poverty. Although several measurements to analyze vulnerability …