Similar Search Results

The effect of capital wealth on optimal diversification : evidence from the Survey of Consumer Finances

Yunker, James A.; Melkumian, Alla A. - In: The quarterly review of economics and finance : journal … 50 (2010) 1, pp. 90-98

Persistent link: https://www.econbiz.de/10008689004

The opportunity cost of being constrained by the type of asset : bonds only or stocks only

Melkumian, Alla A. - In: Journal of applied economics 9 (2006) 2, pp. 325-343

Persistent link: https://www.econbiz.de/10003457209

Is more always better? : empirical evidence on optimal portfolio size

Melkumian, Alla A.; Melkumian, Arsen V. - In: Eastern economic journal 35 (2009) 1, pp. 84-95

Persistent link: https://www.econbiz.de/10003817986

The Opportunity Cost of Being Constrained by the Type of Asset : Bonds Only or Stocks Only

Melkumian, Alla A. - 2006

I explore investors' welfare losses when they restrict themselves to invest in either stocks only or bonds only, but not in both. The restriction gives investors sub-optimal asset allocations that result in welfare losses. To measure these welfare losses I compare quot;only stock indices and...

Persistent link: https://www.econbiz.de/10012778963