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On the Portfolio Effects of Nonmarketable Assets: Government Transfers and Human Capital Payments
Published online by Cambridge University Press: 06 April 2009
Extract
The purposes of this article are two. Some extensions to Mayers’ [1] classical work on portfolio building in the presence of nonmarketable assets are presented. In addition the implications of certain simple forms of taxation and redistribution are investigated.
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- Copyright © School of Business Administration, University of Washington 1979
References
REFERENCES
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