Publications | Veronica Merlone

Global tail optimality and global preferences consistency under non-decomposable discounting

Wed, 15 Jul 2026 00:00:00 +0000

References

[1] Merton, R. (1969). Lifetime portfolio selection under uncertainty: the continuous time case. Review of Economics and Statistics, 51, 247–257.

Two equivalence results for time inconsistent problems due to non-decomposable discounting

Wed, 15 Jul 2026 00:00:00 +0000

References

[1] Björk, T., Khapko, M. & Murgoci, A. (2017). On time-inconsistent stochastic control in continuous time. Finance and Stochastics, 21, 331–360.

University years’ redemption: is it advantageous?

Tue, 26 May 2026 00:00:00 +0000

Optimal investment in DC pension schemes under career-driven wage uncertainty

Wed, 14 Jan 2026 00:00:00 +0000

References

[1] Chen, A. & Delong, L. (2015). Optimal investment for a defined-contribution pension scheme under a regime switching model. ASTIN Bulletin: The Journal of the IAA, 45(2), 397–419.

[2] Müller, A. & Stoyan, D. (2002). Comparison Methods for Stochastic Models and Risks. Wiley Series in Probability and Statistics. Wiley.

[3] Ferreira Morici, H. & Vigna, E. (2024). Optimal additional voluntary contribution in DC pension schemes to manage inadequacy risk. Decisions in Economics and Finance, 1–33.

[4] OECD (2025). Pensions at a Glance 2025: OECD and G20 Indicators. OECD Publishing, Paris.