Optimal portfolio choice for long-horizon investors with nontradable labor income

Article Abstract:

This article evaluates how portfolio choice is effected by risky labor income and retirement. The author finds that optimal allocation to stocks is larger for employed investors than for retired, however an increase in labor income risk encourages investors to save and reduces employed investors stock allocation to that of retired investors.

Economic aspects, Work, Work (Labor), Income

---

Can investors profit from the prophets? Security analyst recommendations and stock returns

Article Abstract:

This article evaluates how portfolio management is influenced by consensus recommendations. The authors find that returns are diminished when portfolios are not balanced frequently; to capture excess returns high trading rates are required.

Evaluation, Financial analysts

---

Buys, holds, and sells: the distribution of investment banks stock ratings and the implications for the profitability of analysts recommendations

Article Abstract:

The effects of stock price forecasts on credit ratings of investment banks and brokerage firms are analyzed.

Investment Banking and Securities Dealing, Investment Banking, Management dynamics, Securities issued, listed, Security brokers and dealers, Commodity Contracts Dealing, Commodity contracts brokers, dealers, Commodity Brokers, Management, Stocks, Investment banks, Stock prices, Credit ratings, Company business management, Company securities

Similar abstracts:

• Abstracts: Plenty of value for choosy investors. Value remains. Virtues of value
• Abstracts: Cheaper deals for landlords. Residential property: landlords making a comeback. A nation of landlords?
• Abstracts: Company facts: the Boeing Company. Boeing suffers turbulence
• Abstracts: Vitkovice sees a loss. Vitkovice is awarded ship contracts. Vitkovice with a high loss
• Abstracts: Small charities stock up. Everybody's rolling out the red carpet. Time to change your toothpaste?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.