Showing 98,251 - 98,260 of 98,997
In this paper we study the retirement saving problem from the point of view of a plan sponsor, who makes contribution payments for the future retirement of an employee. The plan sponsor considers the employee's labor income as investment-benchmark in order to ensure the continuation of...
Persistent link: https://www.econbiz.de/10005625251
Persistent link: https://www.econbiz.de/10005625794
Nous utilisons un modele theorique a trois zones (Etats-Unis, Europe, Asie) pour etudier les effets sur le taux d'interet a long terme en Europe et la parite de l'euro d'un basculement des portefeuilles des asiatiques au profit de l'euro et au detriment du dollar. Nous nous interessons aux...
Persistent link: https://www.econbiz.de/10005625973
De plus en plus d'investisseurs adoptent une gestion indicielle, c'est-a-dire en composant leur portefeuille d'actifs en fonction des poids d'un indice de reference (benchmark). Nous montrons que le developpement de cette technique accroit la volatilite des prix d'equilibre des actifs detenus.
Persistent link: https://www.econbiz.de/10005626026
This is an attempt to empirically investigate the risk and return relationship of individual stocks traded at Karachi Stock Exchange (KSE), the main equity market in Pakistan. The analysis is based on daily as well as monthly data of 49 companies and KSE 100 index is used as market factor...
Persistent link: https://www.econbiz.de/10005626231
This paper studies effects of two classes of borrowing constraints, collateral- and income-based, on wealth accumulation, portfolio behavior and on precautionary motives. We examine the sensitivity of solutions to tightness of constraints, education level, and preference parameters. The models...
Persistent link: https://www.econbiz.de/10005626721
SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U.S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times that of foreign-born singles. Further, there...
Persistent link: https://www.econbiz.de/10005627133
Although the debate about the effect of wealth on entrepreneurship is now almost two decades old, there is little consensus among researchers about the significance of wealth as a determinant for self-employment. We re-visit the relationship between wealth and entrepreneurship using data from...
Persistent link: https://www.econbiz.de/10005627232
Based on micro data, this study reviews the stock holdings of Austrian households. Stock investment is not widely spread in Austria, and those stock holdings that do exist are concentrated among wealthy, high-income households. This finding from the OeNB’s Survey on Financial Household Wealth...
Persistent link: https://www.econbiz.de/10005627552
The paper considers the evolution of portfolio rules in markets with stationary returns and endogenous prices. The ultimate success of a portfolio rule is measured by the wealth share the rule is eventually able to conquer in competition with other portfolio rules. We give nec-essary and...
Persistent link: https://www.econbiz.de/10005627816