A note on diversification in parametric rational expectations economies

It is shown that, in large parametric rational expectations models, even when investors receive private signals about different subsets of assets, all investors hold diversified portfolios.

MoreLess

Year of publication:	1992
Authors:	Noe, Thomas ; Ramamurtie, Buddhavarapu Sailesh

Online Resource

Check full text access |

More access options

Check Google Scholar

I need help

More details

Type of publication:	Article
Language:	English
Notes:	Noe, Thomas and Ramamurtie, Buddhavarapu Sailesh (1992) A note on diversification in parametric rational expectations economies. Economics Letters, 39 (4). pp. 425-429.
Other identifiers:	10.1016/0165-1765(92)90180-7 [DOI]
Source:	BASE

Persistent link: https://www.econbiz.de/10011423051