Two-fund separation in dynamic general equilibrium
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- Karl Schmedders, 2005. "Two-Fund Separation in Dynamic General Equilibrium," Discussion Papers 1398, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Karl Schmedders, 2005. "Two-Fund Separation in Dynamic General Equilibrium," 2005 Meeting Papers 148, Society for Economic Dynamics.
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- repec:eee:finlet:v:24:y:2018:i:c:p:168-174 is not listed on IDEAS
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More about this item
KeywordsPortfolio separation; dynamically complete markets; consol; one-period bond; interest rate fluctuation; reinvestment risk;
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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