A Study on Dynamic Asset Allocation Strategy for Optimal Portfolio Selection
We use iterative numerical procedures combined with analytical methods due to Rapach and Wohar (2009) to solve for the dynamic asset allocation strategy for optimal portfolio demand. We compare different optimal portfolio demands when investors in each country have different access to overseas and d...
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| Format: | Article |
| Language: | English |
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Korea Institute for International Economic Policy
2021-09-01
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| Series: | East Asian Economic Review |
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