Habit persistence reduces risk aversion
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DOI: 10.1057/s41288-021-00215-9
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Cited by:
- Christos I. Giannikos & Georgios Koimisis, 2021. "Equity Premium with Habits, Wealth Inequality and Background Risk," JRFM, MDPI, vol. 14(7), pages 1-15, July.
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Keywords
Additive habit; Dynamic portfolio choice; Insurance demand; Time diversification; Equity premium;All these keywords.
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