Portfolio Choice and Asset Pricing With Nontraded Assets
收藏数据链接:
官方服务:
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



