How Long to Read The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice

How Long Does it Take to Read The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice?

It takes the average reader and 32 minutes to read The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice by Akito Matsumoto

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper analyzes the role of nonseparable utility and nontradables in business cycles and portfolio choice. I find that nonseparability in utility can change the portfolio choice significantly. Unlike previous results in literature, the optimal portfolio of the traded-good sector equities is no longer a well diversified portfolio and becomes sensitive to parameter values. As a result, the model often generates extreme home bias or anti-home bias portfolios implying that some frictions in asset markets, which prevent agents from holding these extreme portfolios, can explain the lack of international risk sharing.

How long is The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice?

The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice by Akito Matsumoto is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice aloud.

What Reading Level is The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice?

The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice?

The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice by Akito Matsumoto is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy The Role of Nonseparable Utility and Nontradeables in International Business Cycle and Portfolio Choice by Akito Matsumoto on Amazon click the button below.