CHANGING DEMOGRAPHICS - IMPLICATIONS FOR HOUSEHOLD PORTFOLIOS

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CHANGING DEMOGRAPHICS - IMPLICATIONS FOR HOUSEHOLD PORTFOLIOS

Households have a hump shaped income profile with respect to age, which means that younger households have lower income that increases with age, the income stabilizes in the middle years and starts to decline post retirement. The income lifecycle is inversely proportional to risk aversion which play...

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Bibliographic Details
Main Author:	Tripathi, Sanjay
Format:	Dissertation (University of Nottingham only)
Language:	English
Published:	2010
Online Access:	https://eprints.nottingham.ac.uk/23701/

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