Habit persistence in assets demand.

Habit persistence is examined for six asset demand categories using U.S. data and a dynamic forward‐looking model. We find habit persistence is greater for more liquid assets compared to riskier assets and may in part explain low holdings of riskier assets. Cash assets are found to be substitutes wi...

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Detalles Bibliográficos

Publicado en:	Southern Economic Journal Vol. 89; no. 3; pp. 975 - 986
Autores principales:	Fleissig, Adrian R., Swofford, James L.
Formato:	Artículo
Publicado:	Wiley-Blackwell Jan2023
Materias:	Habit Money market funds Bond funds Portfolio management (Investments) Assets (Accounting) Liquid assets
Acceso en línea:	Ver este registro en EBSCOhost