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Equilibrium investment strategy for a DC pension plan with learning about stock return predictability

Wang, P; Shen, Y; Zhang, L; Kang, YX

Zhang, L (corresponding author), Guangdong Univ Finance, Dept FinTech, Guangzhou 510521, Peoples R China.

INSURANCE MATHEMATICS & ECONOMICS, 2021; 100 (): 384

Abstract

This paper investigates a time-consistent investment strategy under the mean-variance criterion for an investor who accumulates retirement savings thr......

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