2 citations · 2 across the 4 of their papers we have counts for
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q-fin.MF2023
Optimal Mix Among PAYGO, EET and Individual Savings
Lin He, Zongxia Liang, Zhaojie Ren +1
In order to deal with the aging problem, pension system is actively transformed into the funded scheme. However, the funded scheme does not completely replace PAYGO (Pay as You Go)…
q-fin.MF2022
Modern Tontine with Transaction Costs
Lin He, Zongxia Liang, Sheng Wang
In this paper, we propose a new type of reversible modern tontine with transaction costs. The wealth of the retiree is divided into a bequest account and a tontine account. And con…
q-fin.MF2021
Optimal Retirement Time and Consumption with the Variation in Habitual Persistence
Lin He, Zongxia Liang, Yilun Song +1
In this paper,we study the individual's optimal retirement time and optimal consumption under habitual persistence. Because the individual feels equally satisfied with a lower habi…