000			01950cam a2200349 i 4500
001			22346186
003			OSt
005			20240219172652.0
008			211213s2022 nju b 001 0 eng
010			_a 2021055873
020			_a9789811250149 _q(hardcover)
040			_aDLC _beng _erda _cIIMV _dDLC
042			_apcc
050	0	0	_aHG4521 _b.L6326 2022
082	0	0	_a658.15/54 _223/eng/20211213
100	1		_aLevy, Haim, _eauthor. _933096
245	1	0	_aStocks, bonds, and the investment horizon : _bdecision-making for the long run / _cHaim Levy, The Hebrew University of Jerusalem, Israel.
264		1	_aHackensack, NJ : _bWorld Scientific, _c[2022]
300			_axv, 477 pages ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and indexes.
520			_a"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"-- _cProvided by publisher.
650		0	_aInvestments.
650		0	_aStocks. _933097
650		0	_aBonds.
650		0	_aPortfolio management.
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2ddc _cBK
999			_c6118 _d6118