Portfolio Theory, Asset Demand and Taxation: Comparative Statistics with Many Assets.

From the point of view of descriptive economic theory the main purpose of the theory of portfolio choice is the derivation of empirically meaningful restrictions on asset demand functions. Tobin's path-breaking paper was clearly focused on this objective. However, his model had some objectionable fe...

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Detalles Bibliográficos
Publicado en:Review of Economic Studies Vol. 44; no. 2; pp. 369 - 380
Autor principal: Sandmo, Agnar
Formato: Artículo
Publicado: Oxford University Press / USA Jun77
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Acceso en línea:Ver este registro en EBSCOhost