How do Regimes Affect Asset Allocation?
收藏NBER2003-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10080
下载链接
链接失效反馈官方服务：
资源简介：
International equity returns are characterized by episodes of high volatility and unusually high correlations coinciding with bear markets. We develop models of asset returns that match these patterns and use them in asset allocation. First, the presence of regimes with different correlations and
提供机构：
美国国家经济研究局
创建时间：
2003-11-01
