Efficient Timing of Retirement

Optimum consumption and portfolio rules in a continuous-time model

Robert C. Merton · Journal of Economic Theory · 1971 · 6.2K citations

Social Sciences, Economics, Finance +16

Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case

Robert C. Merton · The Review of Economics and Statistics · 1969 · 5.3K citations

Social Sciences, Economics, Finance +17

Pensions, the Option Value of Work, and Retirement

James H. Stock, David A. Wise · Econometrica · 1990 · 600 citations

Public Affairs, Social Policy, Labor Economics +16

Optimal consumption, portfolio and life insurance rules for an uncertain lived individual in a continuous time model

Scott F. Richard · Journal of Financial Economics · 1975 · 452 citations

Business, Economics, Insurance +17

New evidence on pensions, social security, and the timing of retirement

Andrew Samwick · Journal of Public Economics · 1998 · 321 citations · Full text

Public Affairs, Demography, Public Finance +17