Optimal Consumption and Investment with Cointegrated Stock and Housing Markets

来自 SSRN

阅读量:

54

作者:

Chen, YingshanDai, MinHuang, ShanH Liu

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摘要:

The well-documented nonparticipation in the stock market by many households and the highly negative correlation between stock and housing investment are puzzlin

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DOI:

10.2307/3694897

被引量:

260

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