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.
Document type :
Conference papers
Liste complète des métadonnées

https://hal-rbs.archives-ouvertes.fr/hal-00657903
Contributor : Sandrine Palmer <>
Submitted on : Monday, January 9, 2012 - 2:37:25 PM
Last modification on : Friday, April 19, 2019 - 2:54:26 PM

Identifiers

  • HAL Id : hal-00657903, version 1

Collections

RBS

Citation

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

Share

Metrics

Record views

243