Empirical study on stock-bond integrated model
Mei Yu · Systems Engineering - Theory & Practice · 2010
In this paper,the authors set up a stock-bond integrated model by employing MV and MAD models in frictionless market and frictional market.The real data in China's stock market and bond market were used to show the performance of these investment models.It is found that the optimal strategy derived from the stock-bond integrated model has good results in both cases.