Stock market mean reversion and portfolio choice over the life cycle

Keyphrases

• Stock Market 100%
• Mean Reversion 100%
• Target Date Funds 100%
• Portfolio Choice 100%
• Premia 50%
• Market Information 50%
• Market Exposure 50%
• Borrowing Constraints 50%
• Welfare Loss 50%
• Time-varying Equity Premium 50%
• Labor Income Risk 50%
• Predictable Time 50%
• Changing Markets 50%
• Stock Market Predictability 50%
• Out-of-sample Analysis 50%
• Market Timing Strategy 50%
• Financial Advice 50%
• Life-cycle Model 50%
• Optimal Consumption 50%
• Short-sale Constraints 50%
• Optimal Portfolio Selection 50%

Economics, Econometrics and Finance

• Welfare 100%
• Life Cycle 100%
• Mean Reversion 100%
• Portfolio Choice 100%
• Risk Premium 50%
• Investors 50%
• Consumer Demand Theory 50%
• Life Cycle Model 50%
• Information Market 50%