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cycle perspective, it improves personal finance. From youth to retirement, basic economic and financial competences …
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Teachers -- Chapter 6: Managing Credit and Debt -- Chapter 7: Investment Basics for Teachers -- Chapter 8: Retirement for … Public School Teachers -- Chapter 9: Saving for Retirement: Options for Charter and Private School Teachers -- Chapter 10 …, including saving for retirement, managing debt, investment strategies, and real estate. Each chapter begins with a case study of …
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We present an intertemporal portfolio choice model where individuals invest in financial literacy, save, allocate their wealth between a safe and a risky asset, and receive a pension when they retire. Financial literacy affects the excess return and the cost of stock market participation. Since...
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