Relative risk aversion: increasing or decreasing?

While there is no abstract for this paper, it makes an argument that relative risk aversion is decreasing in wealth rather than increasing in wealth as hypothesized by Arrow, using the money demand findings of Friedman.

MoreLess

Year of publication:	1979-06
Authors:	Graves, Philip E.
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	relative risk aversion \| portfolio analysis \| money demand \| cash proportions \| velocity of money

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; E4 - Money and Interest Rates ; D14 - Personal Finance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008567680