Paper
The Study of BL Asset Allocation Model Based on Inflation
- Authors:
- Xiaoping Wang
- Abstract
- The BL model is inadequate in measuring risks of investment assets. The author makes changes for the original model based on inflation, and makes a new model named BL-Inflation model. By mathematical test and empirical test, the author proves that the BL-Inflation model is more reasonable in asset allocation for fighting against inflation than the BL model. Besides, the author also proves that investors have different expected returns for the investment assets which have different sensitivities of inflation risk.
- Keywords
- BL-Inflation Model; Inflation; BL Model
- StartPage
- 47
- EndPage
- 51
- Doi