Sectoral Allocation, Risk Efficiency and the Great Moderation

By Federal Reserve Board

This paper argues that the decline in U.S. real GDP growth volatility after the mid 1980s was an outcome of more risk efficient and more diversified sectoral allocations. Using a portfolio approach, I... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1499136706
• ISBN13: 9781499136708
• Release Date: April 2014
• Publisher: Createspace Independent Publishing Platform
• Length: 40 Pages
• Weight: 0.26 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"