Making investment choices as simple as possible, but not simpler
Z Bodie, J Treussard - Financial Analysts Journal, 2007 - Taylor & Francis
Target-date funds (TDFs) for retirement, also known as life-cycle funds, are being offered as
a simple solution to the investment task of participants in self-directed retirement plans. A …
a simple solution to the investment task of participants in self-directed retirement plans. A …
The theory of life-cycle saving and investing
How much should a family save for retirement and for the kids' college education? How much
insurance should they buy? How should they allocate their portfolio across different assets…
insurance should they buy? How should they allocate their portfolio across different assets…
The theory of optimal life-cycle saving and investing
How much should a family save for retirement and their kids’ college education? How much
insurance should they buy? How should they allocate their portfolio among different assets? …
insurance should they buy? How should they allocate their portfolio among different assets? …
Contingent claims analysis and life-cycle finance
Z Bodie, D Ruffino, J Treussard - American Economic Review, 2008 - pubs.aeaweb.org
… In recent work, Doriana Ruffino and Treussard ( 007) and Treussard ( 007) have modeled the
… Ruffino and Treussard show that if people can switch careers it increases the value of their …
… Ruffino and Treussard show that if people can switch careers it increases the value of their …
The non-monotonicity of value-at-risk and the validity of risk measures over different horizons
J Treussard - Available at SSRN 776651, 2006 - papers.ssrn.com
Value-at-Risk and Conditional Tail Expectations are central tools of modern risk management.
As risk measures based on the actual probability distribution, these can eventually …
As risk measures based on the actual probability distribution, these can eventually …
Derman and Taleb's 'The illusions of dynamic replication': a comment
D Ruffino, J Treussard - Quantitative Finance, 2006 - Taylor & Francis
Derman and Taleb’s ‘The illusions of dynamic replication’(2005) makes two distinct points.(i)
Real-world market conditions invalidate the Black–Scholes formula (that is, options priced …
Real-world market conditions invalidate the Black–Scholes formula (that is, options priced …
I was blind, but now I see: bubbles in academe
J Treussard, RD Arnott - But Now I See: Bubbles in Academe (June …, 2017 - papers.ssrn.com
Research fads, which create bubbles in academia, gobble up resources and crowd out
exploration of competing ideas. Investment-related academic bubbles have a cost. In the best …
exploration of competing ideas. Investment-related academic bubbles have a cost. In the best …
Repeated Career Options: A Contingent Claims Approach
J Treussard - Available at SSRN 1003659, 2007 - papers.ssrn.com
This article studies the behavior of an individual who can repeatedly alternate between two
occupations. Such a career option is analogous to an exotic derivative security: an American …
occupations. Such a career option is analogous to an exotic derivative security: an American …
Unsafe at Any Speed? The Designed-In Risks of Target-Date Glide Paths.
…, RK Fullmer, J Treussard - Journal of Financial …, 2010 - search.ebscohost.com
The US Department of Labor currently lists target-date funds (TDFs) as a qualified default
investment alternative (QDIA) for defined contribution retirement plans, but this is under review …
investment alternative (QDIA) for defined contribution retirement plans, but this is under review …
[PDF][PDF] Forecasts or Nowcasts? What's on the Horizon for the 2020s?
R Arnott, J Treussard - 2020 - researchaffiliates.com
Tick-tock (or TikTok, depending on one’s age group) says the clock, as we bid goodbye to
2019 and welcome 2020. Another year-end, and in this case, another decade is filed away. …
2019 and welcome 2020. Another year-end, and in this case, another decade is filed away. …