Blar i Institutt for samfunnsøkonomi på forfatter "Bjerketvedt, Vegard Skonseng"
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Capital Preservation and Current Spending with Sovereign Wealth Funds and Endowment Funds: A simulation Study
Mork, Knut A.; Trønnes, Haakon Andreas; Bjerketvedt, Vegard Skonseng (Peer reviewed; Journal article, 2022)We simulate the future performance of the Norwegian Government Pension Fund Global as a leading example of sovereign wealth funds intended both to preserve wealth and provide regular budget contributions. Withdrawals are ... -
Dynamic spending and portfolio decisions with a soft social norm
Mork, Knut Anton; Harang, Fabian Andsem; Trønnes, Haakon Andreas; Bjerketvedt, Vegard Skonseng (Peer reviewed; Journal article, 2023)We explore the implications of a preference ordering for an investor-consumer with a strong preference for keeping consumption above an exogenous social norm, but who is willing to tolerate occasional dips below it. We do ...