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theory. The model is then used to analyze the interaction of corporate taxes, inflation and investment and also to analyze …
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We consider the problem of optimal portfolio selection using forward investment and consumption criteria. Such criteria were introduced in and allow the investor to consider utility from both investment and consumption also when investing over unspecified or infinite horizons. Our focus is on...
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theory. The model is then used to analyze the interaction of corporate taxes, inflation and investment and also to analyze …
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economic theory. However, the cyclicality premium is distinct from macro premia measured by return exposures to the macros …
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