Volatility, Investment and Disappointment Aversion
收藏NBER1995-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5386
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资源简介:
This study uncovers a statistically significant negative correlation between volatility and private investment over the 1970-93 period in a set of almost fifty developing countries and provides a possible interpretation of this result by using the disappointment- aversion expected utility framework
提供机构:
美国国家经济研究局
创建时间:
1995-12-01



