Zu den Anlageentscheidungen für deutsche Investoren � Eine portfoliotheoretische Analyse
AbstractThe paper starts with a short survey on the main ideas of portfolio theory. Based on this, mean-variance efficient portfolios (stock as well as bond portfolios) for German investors of different degrees of risk aversion are constructed. It is shown that for them international diversification of their portfolios is strongly advisable while only a small portion of the portfolio should be invested in German bonds or stocks.
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Bibliographic InfoPaper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 936.
Length: 78 pages
Date of creation: Jul 1999
Date of revision:
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