Consuming durable goods when stock markets jump: A strategic asset allocation approach
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DOI: 10.1016/j.jedc.2014.02.013
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Cited by:
- Lu, Jin-Ray & Hwang, Chih-Chiang & Liu, Min-Luan & Lin, Chien-Yi, 2016. "An incentive problem of risk balancing in portfolio choices," The Quarterly Review of Economics and Finance, Elsevier, vol. 61(C), pages 192-200.
- Jin Sun & Ryle S. Perera & Pavel V. Shevchenko, 2019. "Optimal Investment-Consumption-Insurance with Durable and Perishable Consumption Goods in a Jump Diffusion Market," Papers 1903.00631, arXiv.org.
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More about this item
Keywords
Strategic asset allocation; Optimal investment; Jumps; Financial markets; Durable consumption goods; Perishable consumption goods;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
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