Sustainable Asset Accumulation and Dynamic Portfolio Decisions

• Main Authors: Chiarella, Carl (Author), Semmler, Willi (Author), Hsiao, Chih-Ying (Author), Mateane, Lebogang (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2016.
• Series: Dynamic Modeling and Econometrics in Economics and Finance, 18
• Subjects: Operations research.; Decision making.; Economics, Mathematical.; Economic theory.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Personal Finance/Wealth Management/Pension Planning.; Quantitative Finance.; Economic Theory/Quantitative Economics/Mathematical Methods.; Operation Research/Decision Theory.

This book examines sustainable wealth formation and dynamic decision-making. The global economy experienced a veritable meltdown of asset markets in the years 2007-9, where many funds were overexposed to risky returns and suffered considerable losses. On the other hand, the long-term upswing in the...