Dynamic Asset Allocation ∗ Claus
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چکیده
منابع مشابه
Dynamic Asset Allocation Strategies Using a Stochastic Dynamic Programming Approach∗
A major investment decision for individual and institutional investors alike is to choose between different asset classes, i.e., equity investments and interest-bearing investments. The asset allocation decision determines the ultimate risk and return of a portfolio. The asset allocation problem is frequently addressed either through a static analysis, based on Markowitz’ mean-variance model, o...
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تاریخ انتشار 2003