Graduate School / National Center for Health Statistics / NATIONAL BUREAU OF ECONOMIC RESEARCH / London Business School / NBER Board of Directors / Boston University / Division of Research / Business Administration Harvard University Boston / /
Person
Laurence J. Kotliko / Jim Poterba / William F. Samuelson / Francisco J. Gomes / Jonathan Treussard / Bt / Zvi Bodie / Joao Cocco / A. Preferences / Alexander Michaelides / Laurence J. Kotlikoff / Lewis Y. Chan / Eric French / Pascal Maenhout / Hamish W. Low / Luis M. Viceira / Robert C. Merton / Francisco J. Gomes Laurence / /
Position
author / Model / t Rt / realistically calibrated lifecycle model / but ignore portfolio choice / Rt / gross real return Rt / equity Rt / with coefficient ρ / /
NBER WORKING PAPER SERIES OPTIMAL LIFE-CYCLE INVESTING WITH FLEXIBLE LABOR SUPPLY: A WELFARE ANALYSIS OF LIFE-CYCLE FUNDS Francisco J. Gomes Laurence J. Kotlikoff