---
title: Best Timing for Government Asset Purchases
url: https://www.ml-quant.com/papers/ssrn/4717254/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4717254
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4717254
featured: 2024-02-07
citations: unknown
topic: Portfolio & Allocation
---


# Best Timing for Government Asset Purchases

A study suggests that buying assets in normal times can lead to inefficient risk-taking, while selling assets can enhance risk sharing but may disrupt intertemporal smoothing, affecting the optimal management of public portfolios.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4717254
- Identifier: SSRN 4717254
- Released: 2023-02-10
- First featured: Quant Letter No. 36 (2024-02-07): https://www.ml-quant.com/issues/2024-02-07/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation

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