Portfolio Choice and Asset Pricing With Nontraded Assets
收藏NBER1988-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2774
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资源简介:
This paper examines portfolio choice and asset pricing when some assets are nontraded, for instance when a country cannot trade claims to its output on world capital markets, when a government cannot trade claims to future tax revenues, or when an individual cannot trade claims to his future wages.
提供机构:
美国国家经济研究局
创建时间:
1988-11-01



