Journal of Financial and Quantitative Analysis Vol. 14 No. 2 1979
On the Portfolio Effects of Nonmarketable Assets: Government Transfers and Human Capital Payments
Abstract
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.
- DOI
- 10.2307/2330496
- Volume
- 14
- Issue
- 2
- Pages
- 167
- Sources
- openalex crossref