Commodity Contracts and Common Stocks as Hedges against Relative Consumer Price Risk
Evidence provided here suggests that investors could have identified, ex ante, portfolios that hedge against uncertainty in the prices of three major categories of consumption: food, shelter, and transportation. This finding has implications for the practical importance of multi-period capital asset...
Gespeichert in:
Veröffentlicht in: | Journal of financial and quantitative analysis 1987-06, Vol.22 (2), p.169-188 |
---|---|
Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
Schreiben Sie den ersten Kommentar!