(PHBS)

2019

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Long-Term Asset Management and Asset Pricing

by Hyeng Keun Koo, Ajou University

Wednesday, May 9, 2019 | 4:00pm-5:30pm | Room 333, HSBC Business School Building


Abstract


I will talk about Duesenberry's theory of consumption and propose a formal model of the theory. I will show how the model can be used for long-term investors' risk management. I will also discuss asset pricing implications of the model.
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