Results 11 to 20 of about 1,250,726 (324)
SSRN Electronic Journal, 2000 Capital flows to developing countries are small and are mostly take the form of loans rather than direct foreign investment. We build a simple model of North-South capital flows that highlights the interplay between diminishing returns, production risk and sovereign risk.
Kraay, Aart +3 more
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ON THE INTERNATIONALIZATION OF PORTFOLIOS * [PDF]
Oxford Economic Papers, 1992 Portfolio theory has been an important component of open economy macroeconomic models. In those models, it is essential to distinguish among several categories of assets, both foreign and domestic, and to specify the demands and supplies. This framework has become increasingly relevant.
Brainard, William C, Tobin, James
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Cover's universal portfolio, stochastic portfolio theory, and the numéraire portfolio [PDF]
Mathematical Finance, 2018 AbstractCover's celebrated theorem states that the long‐run yield of a properly chosen “universal” portfolio is almost as good as that of the best retrospectively chosen constant rebalanced portfolio. The “universality” refers to the fact that this result is model‐free, that is, not dependent on an underlying stochastic process.
Cuchiero, Christa +2 more
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, 2000 Recent research has shown that rich' households save at much higher rates than others (see Carroll (2000); Dynan, Skinner, and Zeldes (1996); Gentry and Hubbard (1998); Huggett (1996); Quadrini (1999)). This paper documents another large difference between the rich and the rest of the population: portfolios of the rich are heavily skewed toward risky ...
Christopher D. Carroll +1 more
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AlbuCORE: an albumin-based molecular scaffold for multivalent biologics design
mAbs, 2020 As biologics have become a mainstay in the development of novel therapies, protein engineering tools to expand on their structural advantages, namely specificity, affinity, and valency are of interest.
Mario Sanches +13 more
doaj +1 more source
An examination of Child and Adolescent Mental Health Services for Māori rangatahi [youth]
International Journal of Adolescence and Youth, 2016 This article offers a review of the literature illustrating factors that can contribute to responsive Child and Adolescent Mental Health Services (CAMHS) for Māori (indigenous population of Aotearoa/New Zealand) rangatahi [12–19-year-old youths].
Kahu McClintock +2 more
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SSRN Electronic Journal, 2020 ABSTRACTWe propose a new asset pricing framework in which all securities' signals predict each individual return. While the literature focuses on securities' own‐signal predictability, assuming equal strength across securities, our framework includes cross‐predictability—leading to three main results.
Kelly, Bryan T. +2 more
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Bitcoin and Portfolio Diversification: Portfolio Optimization Approach [PDF]
SSRN Electronic Journal, 2020 This study investigates the performance of Bitcoin as a diversifier under different constraining portfolio optimization frameworks. The study employs different constraining optimization frameworks that seek to maximize risk-adjusted returns (Sharpe ratio) of the portfolio by optimizing allocations to each asset class (asset allocation). The performance
Walid Bakry +3 more
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On the microeconomic problems studied by portfolio theory [PDF]
, 2012 In the paper we consider economically motivated problems, which are treated with the help of methods of portfolio theory that goes back to the papers by H. Markowitz [1] and J. Tobin [2].
Medvedeva, Marina, Nikonov, Oleg
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Portfolio choice, portfolio liquidation, and portfolio transition under drift uncertainty [PDF]
Mathematics and Financial Economics, 2019 This paper presents several models addressing optimal portfolio choice, optimal portfolio liquidation, and optimal portfolio transition issues, in which the expected returns of risky assets are unknown. Our approach is based on a coupling between Bayesian learning and dynamic programming techniques that leads to partial differential equations.
Jiang Pu +3 more
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