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[Seminar] 財金系 3/3 (五) 上午 10:30 邀請 St. Louis FED 的 Dr. YiLi Chien 演講
活動起日:2017-03-03 
發佈日期:2017-02-21 
瀏覽數:416  2017-02-21 更新

本系擬於 3/3 () 邀請 St. Louis FED Dr. YiLi Chien 至本所進行專題演講,相關訊息如下:

 

【演講訊息】

時間: 3/3 () 10:30-12:00

地點: 管理學院一號館 405 教室

講者: Dr. YiLi Chien

講題: Portfolio Behavior and the Macroeconomy

 

Abstract:

The recent data finds that many households do not use asset markets as our standard theory would predict: both the extent of the assets they use and how they use these assets differs in important ways. First, many households do not use all of the available assets. Second, even households which hold equities make very few adjustments in their financial positions. Third, many households who do adjust their portfolios seem to systematically mistime the market. This pattern of asset usage by households is potentially important since it creates a form of market segmentation that can have wide-ranging implications for many aspects of predictions on macreconomy, such as household consumption behavior, the distribution of wealth, and, most directly, asset prices.