Article citationsMore>>

S. E. Shreve and H. M. Soner, “Optimal Investment and Consumption with Transaction Costs,” The Annals of Applied Probability, Vol. 4, No. 3, 1994, pp. 609-692. doi:10.1214/aoap/1177004966

has been cited by the following article:

• TITLE: The Policy Role in the Stock Markets

  AUTHORS: Moawia Alghalith, Esha Ramlogan, Martin Franklin

  KEYWORDS: Portfolio; Stock; Risk-Free Interest Rate; Policy

  JOURNAL NAME: Theoretical Economics Letters, Vol.2 No.2, May 24, 2012

  ABSTRACT: This note is an attempt to model the role of the policymaker in stabilizing the stock markets. In doing so, we present an elasticity formula that links the risk-free interest rate to the value of the stock index.