"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 hu ..."
"What is the return to investing in the stock market? Can we predict future stock market returns? How have equities performed over the last two centuries? The authors in this volume are among the leading researchers in the study of these questions. This book draws upon their research on the stock market over the past two dozen years. It contains their major research articles on the equity risk premium and new contributions on measur ..."
Investmts(1st Edition) Globl Persp&ibbotson&psy Investg by Jack C. Francis, Roger G. Ibbotson Hardcover, Published 2004 by Addison Wesley Longman ISBN-13: 978-0-13-162727-7, ISBN: 0-13-162727-9