ExpectedBasicConsumption

java.lang.Object

org.drip.portfolioconstruction.alm.ExpectedBasicConsumption

public class ExpectedBasicConsumption
extends java.lang.Object

ExpectedBasicConsumption holds the Parameters required for estimating the Investor's Basic Consumption Profile.

Module = Portfolio Core Module
Library = Asset Liability Management Analytics
Project = Portfolio Construction under Allocation Constraints
Package = Sharpe-Tint Asset Liability Manager

Author:: Lakshmi Krishnamurthy

Constructor Summary

Constructors

Constructor Description

ExpectedBasicConsumption(double workingAgeConsumptionRate, double retirementAgeConsumptionRate)
ExpectedBasicConsumption Constructor

Method Summary

Modifier and Type	Method	Description
`double`	`rate(double age, InvestorCliffSettings investorCliffSettings)`	Compute the Expected Consumption Rate
`double`	`retirementAgeConsumptionRate()`	Retrieve the Retirement Age Consumption Rate
`double`	`workingAgeConsumptionRate()`	Retrieve the Working Age Consumption Rate

Methods inherited from class java.lang.Object

equals, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Constructor Details
- ExpectedBasicConsumption
  
  public ExpectedBasicConsumption(double workingAgeConsumptionRate, double retirementAgeConsumptionRate) throws java.lang.Exception
  
  ExpectedBasicConsumption Constructor
  
  Parameters:
  
  workingAgeConsumptionRate - The Working Age Consumption Rate
  
  retirementAgeConsumptionRate - The Retirement Age Consumption Rate
  
  Throws:
  
  java.lang.Exception - Thrown if the Inputs are Invalid
Method Details
- workingAgeConsumptionRate
  
  public double workingAgeConsumptionRate()
  
  Retrieve the Working Age Consumption Rate
  
  Returns:
  
  The Working Age Consumption Rate
- retirementAgeConsumptionRate
  
  public double retirementAgeConsumptionRate()
  
  Retrieve the Retirement Age Consumption Rate
  
  Returns:
  
  The Retirement Age Consumption Rate
- rate
  
  public double rate(double age, InvestorCliffSettings investorCliffSettings) throws java.lang.Exception
  
  Compute the Expected Consumption Rate
  
  Parameters:
  
  age - The Age whose Investment Phase is needed
  
  investorCliffSettings - The Investor's Time Cliff Settings Instance
  
  Returns:
  
  The Expected Consumption Rate
  
  Throws:
  
  java.lang.Exception - Thrown if the Expected Consumption Rate cannot be computed