Carry
收藏NBER2013-08-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w19325
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资源简介:
A security's expected return can be decomposed into its "carry" and its expected price appreciation, where carry can be measured in advance without an asset pricing model. We find that carry predicts returns both in the cross section and time series for a variety of different asset classes that
提供机构:
美国国家经济研究局
创建时间:
2013-08-01



