The Bond-Stock Mix: A New Insight

Abstract : This paper studies the impact on the bond-stock mix of the interaction of consumption and bequest motives. We obtain patterns of the bond-stock allocation in terms of investor's wealth, of investor's consumption and wealth related risk aversions as well as investor's investment horizon that result only from the simultaneous consideration of the two motives. To the best of the authors' knowledge, these patterns have not been underlined in the rich literature about the bond-stock mix.
Type de document :
Communication dans un congrès
Eastern Finance Association Annual Meeting, Apr 2011, Savannah, Georgia, United States
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https://hal-rbs.archives-ouvertes.fr/hal-00657903
Contributeur : Sandrine Palmer <>
Soumis le : lundi 9 janvier 2012 - 14:37:25
Dernière modification le : lundi 18 mai 2015 - 12:55:08

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  • HAL Id : hal-00657903, version 1

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Sami Attaoui, Pierre Six. The Bond-Stock Mix: A New Insight. Eastern Finance Association Annual Meeting, Apr 2011, Savannah, Georgia, United States. 〈hal-00657903〉

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