摘要
文章主要介绍了含流动性风险的最优投资组合选择的相关理论的发展。传统的经典金融经济学理论有一个关键性的假设就是市场是无摩擦的,但是在现实的经济中,流动性以及流动风险均是存在的,并且会对投资者的投资收益产生影响。因此文章讨论流动性如何影响投资者的最优投资组合的选择。
This paper mainly introduces the development of the theory of optimal portfolio selection with liquidity risk.One of the key assumptions of classical financial economics is that markets are frictionless.However,in the real economy,liquidity and liquidity risk exist,and will have an impact on investors’investment returns.Therefore,this paper discusses how liquidity affects investors’choice of the most suitable portfolio.
作者
朱安迪
时悦
Zhu Andi;Shi Yue(Nanjing University of Finance&Economics,Nanjing,Jiangsu,210023)
出处
《市场周刊》
2020年第11期130-132,共3页
Market Weekly
