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Stocks, bonds, and the investment horizon : decision-making for the long run / Haim Levy, The Hebrew University of Jerusalem, Israel.

By:

Levy, Haim [author.]

Material type: Text

TextPublisher: Hackensack, NJ : World Scientific, [2022]Description: xv, 477 pages ; 24 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

ISBN:

9789811250149

Subject(s):

DDC classification:

658.15/54 23/eng/20211213

LOC classification:

HG4521 .L6326 2022

Summary: "A century ago, life expectancy was roughly 40 years, hence saving for retirement was not an important economic issue. Nowadays, life expectancy exceeds 80 years in many countries, and one should expect to live and consume many years after retirement. Thus, optimizing investments and savings for retirement, with a long planned investment horizon, has become an issue of crucial importance. How should individuals invest for the long run? Does the optimal asset allocation between risky stocks and relatively safer bonds change with age? Is the idiom "stocks for the long run" backed by scientific evidence? This book provides a comprehensive in-depth review of these issues, bridging theory and practice of investments for various horizons"-- Provided by publisher.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Book	Indian Institute of Management Visakhapatnam	658.1554 (Browse shelf(Opens below))	Available		001842

Includes bibliographical references and indexes.

"A century ago, life expectancy was roughly 40 years, hence saving for retirement was not an important economic issue. Nowadays, life expectancy exceeds 80 years in many countries, and one should expect to live and consume many years after retirement. Thus, optimizing investments and savings for retirement, with a long planned investment horizon, has become an issue of crucial importance. How should individuals invest for the long run? Does the optimal asset allocation between risky stocks and relatively safer bonds change with age? Is the idiom "stocks for the long run" backed by scientific evidence? This book provides a comprehensive in-depth review of these issues, bridging theory and practice of investments for various horizons"-- Provided by publisher.

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