Serial Correlation of Asset Returns and Optimal Portfolios for the Long and Short Term
收藏NBER1985-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1625
下载链接
链接失效反馈官方服务：
资源简介：
Optimal portfolios differ according to the length of time they are held without being rebalanced. For the case in which asset returns are identically and independently distributed, it has been shown that optimal portfolios become less diversified as the holding period lengthens.We show that the anti
提供机构：
美国国家经济研究局
创建时间：
1985-06-01
