The Foregone Gains of Incomplete Portfolios
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- Monica Paiella, 2007. "The Forgone Gains of Incomplete Portfolios," Review of Financial Studies, Society for Financial Studies, vol. 20(5), pages 1623-1646, 2007 13.
- Monica Paiella, 2007. "The forgone gains of incomplete portfolios," Temi di discussione (Economic working papers) 625, Bank of Italy, Economic Research and International Relations Area.
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Cited by:
- Orazio P. Attanasio & Monica Paiella, 2011.
"Intertemporal consumption choices, transaction costs and limited participation in financial markets: reconciling data and theory,"
Journal of Applied Econometrics,
John Wiley & Sons, Ltd., vol. 26(2), pages 322-343, March.
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- Orazio P. Attanasio & Monica Paiella, 2008. "Intertemporal Consumption Choices, Transaction Costs and Limited Participation in Financial Markets: Reconciling Data and Theory," Discussion Papers 1_2008, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
- Orazio P. Attanasio & Monica Paiella, 2007. "Intertemporal Consumption Choices, Transaction Costs and Limited Participation in Financial Markets: Reconciling Data and Theory," Temi di discussione (Economic working papers) 620, Bank of Italy, Economic Research and International Relations Area.
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Econometric Society 2004 Latin American Meetings
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More about this item
Keywords
intertemporal consumption model; financial market participation; household portfolio allocation; non-proportional cost of participation; near-rationality;JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2006-03-05 (All new papers)
- NEP-FIN-2006-03-05 (Finance)
- NEP-FMK-2006-03-05 (Financial Markets)
- NEP-MAC-2006-03-05 (Macroeconomics)
- NEP-UPT-2006-03-05 (Utility Models & Prospect Theory)
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