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Life-cycle Investing and Leverage: Buying Stock on Margin Can Reduce Retirement Risk

Ian Ayres () and Barry Nalebuff

No 14094, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper is no longer available on-line from the NBER. A revised version of the paper has been published as "Diversification Across Time" in the Journal of Portfolio Management 39 (Winter 2013), pp.73-86.

JEL-codes: D33 G1 G11 G18 H55 (search for similar items in EconPapers)
Date: 2008-06
New Economics Papers: this item is included in nep-age
Note: PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published as Hardcover: 240 pages Publisher: Basic Books (May 4, 2010) Language: English ISBN-10: 0465018297 ISBN-13: 978-0465018291

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Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:14094

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