How should diversifiable and nondiversifiable portfolio risks be defined?

被引：0
作者：
Swamy P.A.V.B. [1 ]
Lutton T.J. [1 ]
Tavlas G.S. [2 ,3 ]
机构：
[1] Office of the Comptroller of the Currency
[2] Bank of Greece, Athens
[3] International Monetary Fund
来源：
Journal of Economics and Finance | 1997年 / 21卷 / 3期
关键词：
Risky Asset; Asset Return; Macroeconomic Variable; Capital Asset Price Model; Portfolio Variance;
D O I：
10.1007/BF02929034
中图分类号：
学科分类号：
摘要：
This paper discusses some problems with the existing definitions of diversifiable and nondiversifiable risks of portfolios and suggests new definitions that avoid those problems.
引用
收藏
页码：11 / 18
页数：7
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