Portfolio allocation and borrowing constraints

Using the US Survey of Consumer Finances, we explore the empirical relationship between borrowing constraints and financial portfolio allocation by American households. To help motivate our empirical analysis we initially draw insights from a mean-variance model of optimal portfolio allocation with...

Full description

Saved in:
Bibliographic Details
Main Authors: Raslan Alzuabi, Sarah Brown, Daniel Gray, Mark N Harris, Christopher Spencer
Format: Default Article
Published: 2023
Subjects:
Banking, finance and investment
Asset allocation
Borrowing constraints
Fractional models
Background risk
Online Access:https://hdl.handle.net/2134/24084900.v1
Tags: Add Tag
No Tags, Be the first to tag this record!

Similar Items