Capital Mobility and Asset Pricing
收藏NBER2011-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w17296
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资源简介:
We present a model for the equilibrium movement of capital between asset markets that are distinguished only by the levels of capital invested in each. Investment in that market with the greatest amount of capital earns the lowest risk premium. Intermediaries optimally trade off the costs of
提供机构:
美国国家经济研究局
创建时间:
2011-08-01



