The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross substitution theorem. The paper shows the relationship of the two conditions to the weak dominant diagonal property of the matrix of interest rate elasticities. This enables to investigate the impact of simultaneous changes in interest rates on the asset demands
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
In economic theory and practice, technological developments and changes in relative prices lead to c...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...
The paper considers a (static) portfolio system that satisfies adding-up contraints and the gross su...