Uncertainty in Second Moments: Implications for Portfolio Allocation
نویسندگان
چکیده
منابع مشابه
The second moments matter: The impact of macroeconomic uncertainty on the allocation of loanable funds
This paper investigates how variations in macroeconomic uncertainty distort commercial banks’ allocation of loanable funds by analyzing the dispersion of banks’ total loan-to-asset ratios over a quartercentury period. JEL: C22, C23, D81, E51.
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2003
ISSN: 1556-5068
DOI: 10.2139/ssrn.355741