Institutionalizing Countercyclical Investment : A Framework for Long-term Asset Owners /

Do portfolio shifts by the world's largest asset owners respond procyclically to past returns, or countercyclically to valuations? And if countercyclical investment (with both market-stabilizing and return-generating properties) is a public and private good, how might asset owners be empowered...

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Bibliografische gegevens
Hoofdauteur: Jones, Bradley
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2016.
Reeks:IMF Working Papers; Working Paper ; No. 2016/038
Online toegang:Full text available on IMF

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