search query: @indexterm Financial theory / total: 142
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| Author: | Judd, K. L. Kubler, F. Schmedders, K. |
| Title: | Asset trading volume with dynamically complete markets and heterogeneous agents |
| Journal: | Journal of Finance
2003 : OCT, VOL. 58:5, p. 2203-2217 |
| Index terms: | Asset management Agency theory Financial theory |
| Language: | eng |
| Abstract: | The authors examine a standard Lucas asset pricing model with heterogeneous agents and complete asset markets. The result contracts the prediction of portfolioallocation analyses that portfolio rebalancing motives produce nontrivial trade volume. |
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