Research Summary
Research Summary
Investment Management
Description
Professor Chacko's research looks into the portfolio choice decisions of individuals and institutions. He is particularly concerned with optimal portfolio choice and consumption decisions in a dynamic framework. His work looks at how economic agents make these decisions in various, sometimes non-traditional, settings. Examples include individuals facing portfolio construction decisions in the face of capital gains taxes; households whose portfolios are comprised primarily of real estate; mutual fund managers whose concerns include imperfect information and fund inflows and outflows; time-varying investment opportunity sets and incomplete markets.