Title:

Optimal Life-Cycle Asset Allocation: Understanding the Empirical Evidence

Authors:

Francisco Gomes (U London)
Alexander Michaelides (CEPR, LSE)

Journal:

Journal of Finance

Year:

2005

Volume:

60

Pages:

869-904

JEL codes:

D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
G11 - Portfolio Choice; Investment Decisions