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Strategic Financial Planning Over the Lifecycle

by Narat Charupat

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Publisher Cambridge University Press
Language English
Book type Paperback
Utgiven 2012
Pages 382
ISBN 9780521148030
Kategori(er) Business, Economics & Management
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Used within following courses

Description

This book on personal financial planning and wealth management employs the lifecycle model of financial economics. The central idea of 'consumption smoothing' is used to connect chapters and topics such as saving and investment, debt management, risk management and retirement planning. The first part of the book is nontechnical and aimed at a wide audience with no special technical background. The second part of the book provides a rigorous presentation of the lifecycle model from first principles using the calculus of variations. The accompanying website is found at http://www.yorku.ca/milevsky/?page_id=185.


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