{"created":"2023-06-20T15:03:03.200308+00:00","id":1016,"links":{},"metadata":{"_buckets":{"deposit":"3a60ed56-9401-47d8-bfc7-c2659f4bbed9"},"_deposit":{"created_by":16,"id":"1016","owners":[16],"pid":{"revision_id":0,"type":"depid","value":"1016"},"status":"published"},"_oai":{"id":"oai:grips.repo.nii.ac.jp:00001016","sets":["1:19"]},"author_link":["6303"],"item_12_description_6":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"In choosing a glide path strategy for asset allocation over their working lives, retirement savers face a tradeoff between the higher expected wealth provided by strategies that maintain or increase equity holdings over time, against the greater potential security offered from shifting into more conservative assets. We quantify this tradeoff with an expected utility framework for our simulated distribution of target date wealth accumulations under a variety of lifecycle, fixed, and contrarian glide path strategies. We find justification for the lifecycle strategy for savers with very reasonable amounts of risk aversion, and we also provide guidance about utility-maximizing glide paths.","subitem_description_type":"Abstract"}]},"item_12_description_7":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"JEL Classification Codes: D14, D81, G11, G23","subitem_description_type":"Other"}]},"item_12_description_8":{"attribute_name":"分野","attribute_value_mlt":[{"subitem_description":"経済学 / Economics","subitem_description_type":"Other"}]},"item_12_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.24545/00001016","subitem_identifier_reg_type":"JaLC"}]},"item_12_publisher_12":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"GRIPS Policy Research Center ","subitem_publisher_language":"en"}]},"item_12_relation_16":{"attribute_name":"関連サイト","attribute_value_mlt":[{"subitem_relation_name":[{"subitem_relation_name_text":"https://ideas.repec.org/p/ngi/dpaper/09-16.html"}],"subitem_relation_type":"isIdenticalTo","subitem_relation_type_id":{"subitem_relation_type_id_text":"https://ideas.repec.org/p/ngi/dpaper/09-16.html","subitem_relation_type_select":"URI"}}]},"item_12_text_10":{"attribute_name":"発行年","attribute_value_mlt":[{"subitem_text_value":"2009-10"}]},"item_12_text_5":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_value":"政策研究大学院大学 / National Graduate Institute for Policy Studies"}]},"item_12_version_type_19":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_ab4af688f83e57aa","subitem_version_type":"AM"}]},"item_1693541285410":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2009-10-01","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"DP09-16","bibliographic_titles":[{"bibliographic_title":"GRIPS Discussion Papers","bibliographic_titleLang":"en"}]}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"PFAU, Wade D.","creatorNameLang":"en"}],"nameIdentifiers":[{}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_access","filename":"DP09-16.pdf","filesize":[{"value":"75.8 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"DP09-16.pdf","url":"https://grips.repo.nii.ac.jp/record/1016/files/DP09-16.pdf"},"version_id":"f0f5913c-d5ad-42ea-ada1-c0f957a158f8"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"lifecycle","subitem_subject_scheme":"Other"},{"subitem_subject":"target date","subitem_subject_scheme":"Other"},{"subitem_subject":"retirement planning","subitem_subject_scheme":"Other"},{"subitem_subject":"glide paths","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report"}]},"item_title":"An Optimizing Framework for the Glide Paths of Lifecycle Asset Allocation Funds","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"An Optimizing Framework for the Glide Paths of Lifecycle Asset Allocation Funds","subitem_title_language":"en"}]},"item_type_id":"12","owner":"16","path":["19"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2009-10-01"},"publish_date":"2009-10-01","publish_status":"0","recid":"1016","relation_version_is_last":true,"title":["An Optimizing Framework for the Glide Paths of Lifecycle Asset Allocation Funds"],"weko_creator_id":"16","weko_shared_id":-1},"updated":"2023-11-20T08:55:09.537764+00:00"}