Risk and Return: Consumption versus Market Beta
收藏NBER1984-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1399
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资源简介：
The interaction between the macroeconomy and asset markets is central to a variety of modern theories of the business cycle. Much recentwork emphasizes the joint nature of the consumption decision and the portfolio allocation decision. In this paper, we compare two formulations of the Capital Asset
提供机构：
美国国家经济研究局
创建时间：
1984-07-01
