Background
Ibbotson, Roger G. was born on May 27, 1943 in Chicago, Illinois, United States. Son of Arthur E. and Margaret B. Ibbotson.
(In determining asset allocation, individuals must conside...)
In determining asset allocation, individuals must consider more than the risk-return trade-off of financial assets. They must take into account human capital and mortality risk in the earlier life-cycle stages and longevity risk in the later life-cycle stages. The authors show how to integrate these factors into individual investors' asset allocations through a systematic joint analysis of the life insurance a family needs to protect human capital and how to allocate the family's financial capital. The proposed life-cycle model then addresses the transition from the accumulation to the saving phases-in particular, the role (if any) of immediate payout annuities.
http://www.amazon.com/gp/product/0943205948/?tag=2022091-20
Ibbotson, Roger G. was born on May 27, 1943 in Chicago, Illinois, United States. Son of Arthur E. and Margaret B. Ibbotson.
Bachelor of Science, Purdue University, 1965. Master of Business Administration, Indiana University, 1967. Doctor of Philosophy, University Chicago, 1974.
Economist Bank of Japan, 1969. Bond portfolio manager, treasurer's office University Chicago, 1971—1975. Assistant professor finance Graduate School Business, 1975—1979.
Senior lecturer finance, executive director Center Research Security Prices, 1979—1984. Chairman Ibbotson Associates, Inc., Chicago, 1979—2006, Chief Information Officer Zebra Capital Management, since 2001. Professor Yale University School Management, 1984.
(In determining asset allocation, individuals must conside...)
Member of Finance Management Association, American Economic Association, American Finance Association.
Married Jody L. Sindelar, 1983.