This dissertation contains two essays on the optimal portfolio decision for long-term investors. The first essay studies the optimal asset allocation for long-h

An indispensable collection of essays from one of the investment world’s leading lights In Figuring It Out: Answers to the Most Difficult Investment Questions

In this dissertation, I investigate the impact of institutional investors on security prices and corporate policies, and offer a new perspective on the vital ro

Academic finance has had a remarkable impact on many financial services. Yet long-term investors have received curiously little guidance from academic financial

This dissertation examines the effect of health and its associated variables on households' consumption and portfolio choices over life cycle. The first two ess