Hostname: page-component-78c5997874-mlc7c Total loading time: 0 Render date: 2024-11-15T13:47:35.579Z Has data issue: false hasContentIssue false
  • English
  • Français

Abstract: On the Portfolio Effects of Nonmarketable Assets: Government Transfers and Human Capital Payments

Published online by Cambridge University Press:  19 October 2009

C. H. Rorke
Get access Rights & Permissions [Opens in a new window]

Extract

The prime purpose of the paper is to investigate the portfolio building implications of government transfers. Some general comments are also made with regard to human capital payments. As such this paper can be seen as a generalization and further simplification of the work by Mayers.

Type
VI. Portfolio Theory
Information
Journal of Financial and Quantitative Analysis , Volume 11 , Issue 4 , November 1976 , pp. 567
Copyright
Copyright © School of Business Administration, University of Washington 1976

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 Mayers, David, “Non-Marketable Assets and Capital Market Equilibrium under Uncertainty” in Studies in the Theory of Capital Markets, ed. Jensen, Michael C., Praeger Publishers, New York, 1971, pp. 223–248.Google Scholar