๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

ON INTERTEMPORAL EFFICIENCY

โœ Scribed by Trout Rader


Book ID
111044018
Publisher
John Wiley and Sons
Year
1965
Tongue
English
Weight
466 KB
Volume
17
Category
Article
ISSN
0026-1386

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๐Ÿ“œ SIMILAR VOLUMES


Efficient gradualism in intertemporal po
โœ Ronald J. Balvers; Douglas W. Mitchell ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 164 KB

This paper examines intertemporal portfolio plans under autocorrelation in asset returns, and considers whether these plans conform to the common advice that risky assets be bought gradually and then held in decreasing amounts as the investment horizon approaches. Given elliptical returns, optimal p