Mukherji (2002) finds that stocks provide greater real wealth and lower downside risk relative to minimum targets, compared to bonds and bills, over long holding periods.
穆卡基(2002年)发现,在长期持有的前提下,与债券和票据相比,股票代表着一种更为实际的财富,相对于最低目标值的下跌风险较低。
Mukherji (2002) finds that stocks provide greater real wealth and lower downside risk relative to minimum targets, compared to bonds and bills, over long holding periods.
穆卡基(2002年)发现,在长期持有的前提下,与债券和票据相比,股票代表着一种更为实际的财富,相对于最低目标值的下跌风险较低。
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