搜索结果: 1-2 共查到“经济学 rebalancing”相关记录2条 . 查询时间(0.172 秒)
Transaction fees and optimal rebalancing in the growth-optimal portfolio
growth-optimal portfolio Kelly game transaction fees
2010/10/21
The growth-optimal portfolio optimization strategy pioneered by Kelly is based on constant portfolio rebalancing which makes it sensitive to transaction fees. We examine the effect of fees on an exam...
REBALANCING CHINA’S ECONOMY—MODELING A POLICY PACKAGE
China rebalancing pattern of growth model saving investment
2009/1/16
This paper discusses how China can rebalance its pattern of growth by implementing a package of policies. We first characterize the distinct features of China’s pattern of growth and the specific poli...