Matches in SemOpenAlex for { <https://semopenalex.org/work/W2802955770> ?p ?o ?g. }
- W2802955770 endingPage "1936" @default.
- W2802955770 startingPage "1893" @default.
- W2802955770 abstract "ABSTRACT We characterize the optimal default fund in a defined contribution (DC) pension plan. Using detailed data on individuals' holdings inside and outside the pension system, we find substantial heterogeneity within and between passive and active investors in terms of labor income, financial wealth, and stock market participation. We build a life‐cycle consumption‐savings model, with a DC pension account and an opt‐out/default choice, that produces realistic investor heterogeneity. Relative to a common age‐based allocation, implementing the optimal default asset allocation implies a welfare gain of 1.5% during retirement. Much of the gain is attainable with a simple rule of thumb." @default.
- W2802955770 created "2018-05-17" @default.
- W2802955770 creator A5003192366 @default.
- W2802955770 creator A5050882047 @default.
- W2802955770 creator A5083094339 @default.
- W2802955770 date "2018-07-12" @default.
- W2802955770 modified "2023-10-01" @default.
- W2802955770 title "On the Asset Allocation of a Default Pension Fund" @default.
- W2802955770 cites W1496232687 @default.
- W2802955770 cites W1574786337 @default.
- W2802955770 cites W1752240423 @default.
- W2802955770 cites W1965893486 @default.
- W2802955770 cites W1982042814 @default.
- W2802955770 cites W2005158847 @default.
- W2802955770 cites W2010419690 @default.
- W2802955770 cites W2022073921 @default.
- W2802955770 cites W2044148859 @default.
- W2802955770 cites W2081717017 @default.
- W2802955770 cites W2096654506 @default.
- W2802955770 cites W2097685531 @default.
- W2802955770 cites W2107719042 @default.
- W2802955770 cites W2114772511 @default.
- W2802955770 cites W2117765060 @default.
- W2802955770 cites W2122108455 @default.
- W2802955770 cites W2123785891 @default.
- W2802955770 cites W2129386857 @default.
- W2802955770 cites W2140358271 @default.
- W2802955770 cites W2144649442 @default.
- W2802955770 cites W2147505247 @default.
- W2802955770 cites W2149158625 @default.
- W2802955770 cites W2151418896 @default.
- W2802955770 cites W2236924981 @default.
- W2802955770 cites W2246734814 @default.
- W2802955770 cites W2566767305 @default.
- W2802955770 cites W3025578270 @default.
- W2802955770 cites W3121503160 @default.
- W2802955770 cites W3121510583 @default.
- W2802955770 cites W3121646377 @default.
- W2802955770 cites W3122185680 @default.
- W2802955770 cites W3122535557 @default.
- W2802955770 cites W3122778783 @default.
- W2802955770 cites W3122788137 @default.
- W2802955770 cites W3123809899 @default.
- W2802955770 cites W3123974814 @default.
- W2802955770 cites W3124043681 @default.
- W2802955770 cites W3124249112 @default.
- W2802955770 cites W3124317869 @default.
- W2802955770 cites W3124384229 @default.
- W2802955770 cites W3124550172 @default.
- W2802955770 cites W3124623099 @default.
- W2802955770 cites W3124640946 @default.
- W2802955770 cites W3124645386 @default.
- W2802955770 cites W3124751084 @default.
- W2802955770 cites W3125228331 @default.
- W2802955770 cites W3125287580 @default.
- W2802955770 cites W3125358714 @default.
- W2802955770 cites W3125473384 @default.
- W2802955770 cites W3125685058 @default.
- W2802955770 cites W3125847176 @default.
- W2802955770 cites W3126013923 @default.
- W2802955770 cites W3126019832 @default.
- W2802955770 cites W4229531399 @default.
- W2802955770 doi "https://doi.org/10.1111/jofi.12697" @default.
- W2802955770 hasPublicationYear "2018" @default.
- W2802955770 type Work @default.
- W2802955770 sameAs 2802955770 @default.
- W2802955770 citedByCount "38" @default.
- W2802955770 countsByYear W28029557702014 @default.
- W2802955770 countsByYear W28029557702018 @default.
- W2802955770 countsByYear W28029557702019 @default.
- W2802955770 countsByYear W28029557702020 @default.
- W2802955770 countsByYear W28029557702021 @default.
- W2802955770 countsByYear W28029557702022 @default.
- W2802955770 countsByYear W28029557702023 @default.
- W2802955770 crossrefType "journal-article" @default.
- W2802955770 hasAuthorship W2802955770A5003192366 @default.
- W2802955770 hasAuthorship W2802955770A5050882047 @default.
- W2802955770 hasAuthorship W2802955770A5083094339 @default.
- W2802955770 hasBestOaLocation W28029557702 @default.
- W2802955770 hasConcept C100243477 @default.
- W2802955770 hasConcept C10138342 @default.
- W2802955770 hasConcept C106159729 @default.
- W2802955770 hasConcept C11413529 @default.
- W2802955770 hasConcept C127413603 @default.
- W2802955770 hasConcept C139819358 @default.
- W2802955770 hasConcept C144024400 @default.
- W2802955770 hasConcept C155301685 @default.
- W2802955770 hasConcept C162324750 @default.
- W2802955770 hasConcept C175444787 @default.
- W2802955770 hasConcept C17738144 @default.
- W2802955770 hasConcept C204036174 @default.
- W2802955770 hasConcept C206757995 @default.
- W2802955770 hasConcept C2780821815 @default.
- W2802955770 hasConcept C2780899237 @default.
- W2802955770 hasConcept C2991981721 @default.
- W2802955770 hasConcept C2992209059 @default.
- W2802955770 hasConcept C30772137 @default.
- W2802955770 hasConcept C34447519 @default.