Browsing by Author "Erlandzon, Karl"
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Retirement Planning: Portfolio Choice for Long-Term Investors
Erlandzon, Karl (2008)Retirement Planning: Portfolio Choice for Long-Term Investors Abstract This thesis consists of four papers. Common to the first three papers is the framework for analysis; a life-cycle model of a borrowing-constrained ... -
Retirement Planning: Portfolio Choice for Long-Term Investors
Erlandzon, Karl (2008-05-22)This thesis consists of four papers. Common to the first three papers is the framework for analy- sis; a life-cycle model of a borrowing-constrained individuals consumption and portfolio choices in the presence of ... -
The Bright Side of Shiller-Swaps: a solution to inter-generational risk sharing
Erlandzon, Karl; Carlsson, Evert (2006)This paper investigates the diversification demand of an agent, who is faced with the alternative to swap aggregate labour-income risk for equity-exposure, through her individual account in a mandatory-pension scheme. The ... -
The Dark Side of Wage Indexed Pensions
Erlandzon, Karl; Carlsson, Evert (2005)This paper investigates some welfare effects of forced saving through a mandatory pension scheme. The framework for the analysis is a life-cycle model of a borrowing constrained individual´s consumption and portfolio choice ...