Tobin’s Separation Theorem: Information from the Colombian Stock Market for the First Half of 2008

This paper shows a special situation where a portfolio created based on Tobin’s separation theorem does not match the Markowitz efficient set. Next a review of Markowitz´s portfolio selection theory is offered, followed by a review of Tobin’s separation theorem. Next, these models are used as tools...

Full description

Autores:
José Gabriel Astaiza Gómez
Tipo de recurso:
Fecha de publicación:
2019
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/13979
Acceso en línea:
http://hdl.handle.net/10784/13979
Palabra clave:
portfolio
risk
return
efficient set
riskless asset
JEL Classification
G11
C61
portafolio
riesgo
rendimiento
frontera eficiente
activo sin riesgo
Clasificación JEL G11
C61
Rights
License
Copyright © 2012 José Gabriel Astaiza Gómez