Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10003793728
Persistent link: https://www.econbiz.de/10014466364
Persistent link: https://www.econbiz.de/10015426549
Persistent link: https://www.econbiz.de/10001158055
Long-term country equity premium forecasts based on a cross-sectional global factor model (CS-GFM), where factors represent compensation for risks proxied by valuation and financial variables, are superior, statistically and economically, from forecasts based on time-series prediction models...
Persistent link: https://www.econbiz.de/10013219482
Persistent link: https://www.econbiz.de/10011713544
We develop an analytical solution to the dynamic multi-period portfolio choice problem of an investor with risky liabilities and time varying investment opportunities. We use the model to compare the asset allocation of investors who take liabilities into account, assuming time varying returns...
Persistent link: https://www.econbiz.de/10012857274
Persistent link: https://www.econbiz.de/10002449522
Persistent link: https://www.econbiz.de/10003759935
Persistent link: https://www.econbiz.de/10010529618