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...
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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