id	sid	tid	token	lemma	pos
abr-6	1	1	http://journals.sfu.ca/abr	http://journals.sfu.ca/abr	X
abr-6	1	2	advances	advance	NOUN
abr-6	1	3	in	in	ADP
abr-6	1	4	business	business	NOUN
abr-6	1	5	research	research	NOUN
abr-6	1	6	2014	2014	NUM
abr-6	1	7	,	,	PUNCT
abr-6	1	8	volume	volume	NOUN
abr-6	1	9	5	5	NUM
abr-6	1	10	,	,	PUNCT
abr-6	1	11	pages	page	NOUN
abr-6	1	12	33	33	NUM
abr-6	1	13	-	-	SYM
abr-6	1	14	49	49	NUM
abr-6	1	15	33	33	NUM
abr-6	1	16	long	long	ADV
abr-6	1	17	-	-	PUNCT
abr-6	1	18	run	run	VERB
abr-6	1	19	risk	risk	NOUN
abr-6	1	20	of	of	ADP
abr-6	1	21	dynamic	dynamic	ADJ
abr-6	1	22	asset	asset	NOUN
abr-6	1	23	allocation	allocation	NOUN
abr-6	1	24	strategies	strategy	NOUN
abr-6	1	25	thomas	thomas	PROPN
abr-6	1	26	s.	s.	PROPN
abr-6	1	27	howe	howe	PROPN
abr-6	1	28	illinois	illinois	PROPN
abr-6	1	29	state	state	PROPN
abr-6	1	30	university	university	PROPN
abr-6	1	31	ralph	ralph	PROPN
abr-6	1	32	a.	a.	PROPN
abr-6	1	33	pope	pope	PROPN
abr-6	1	34	california	california	PROPN
abr-6	1	35	state	state	PROPN
abr-6	1	36	university	university	PROPN
abr-6	1	37	,	,	PUNCT
abr-6	1	38	sacramento	sacramento	NOUN
abr-6	1	39	this	this	DET
abr-6	1	40	study	study	NOUN
abr-6	1	41	uses	use	VERB
abr-6	1	42	empirical	empirical	ADJ
abr-6	1	43	resampling	resampling	NOUN
abr-6	1	44	to	to	PART
abr-6	1	45	examine	examine	VERB
abr-6	1	46	the	the	DET
abr-6	1	47	risk	risk	NOUN
abr-6	1	48	of	of	ADP
abr-6	1	49	three	three	NUM
abr-6	1	50	of	of	ADP
abr-6	1	51	perold	perold	NOUN
abr-6	1	52	and	and	CCONJ
abr-6	1	53	sharpe	sharpe	PROPN
abr-6	1	54	’s	’s	PART
abr-6	1	55	(	(	PUNCT
abr-6	1	56	1988	1988	NUM
abr-6	1	57	)	)	PUNCT
abr-6	1	58	dynamic	dynamic	ADJ
abr-6	1	59	asset	asset	NOUN
abr-6	1	60	allocation	allocation	NOUN
abr-6	1	61	strategies	strategy	NOUN
abr-6	1	62	–	–	PUNCT
abr-6	1	63	buy	buy	VERB
abr-6	1	64	and	and	CCONJ
abr-6	1	65	hold	hold	VERB
abr-6	1	66	,	,	PUNCT
abr-6	1	67	constant	constant	ADJ
abr-6	1	68	mix	mix	NOUN
abr-6	1	69	,	,	PUNCT
abr-6	1	70	and	and	CCONJ
abr-6	1	71	constant	constant	ADJ
abr-6	1	72	proportion	proportion	NOUN
abr-6	1	73	portfolio	portfolio	NOUN
abr-6	1	74	insurance	insurance	NOUN
abr-6	1	75	(	(	PUNCT
abr-6	1	76	cppi	cppi	NOUN
abr-6	1	77	)	)	PUNCT
abr-6	1	78	.	.	PUNCT
abr-6	2	1	generally	generally	ADV
abr-6	2	2	we	we	PRON
abr-6	2	3	find	find	VERB
abr-6	2	4	that	that	SCONJ
abr-6	2	5	the	the	PRON
abr-6	2	6	lower	low	ADJ
abr-6	2	7	the	the	DET
abr-6	2	8	floor	floor	NOUN
abr-6	2	9	percentage	percentage	NOUN
abr-6	2	10	the	the	PRON
abr-6	2	11	greater	great	ADJ
abr-6	2	12	the	the	DET
abr-6	2	13	risk	risk	NOUN
abr-6	2	14	.	.	PUNCT
abr-6	3	1	however	however	ADV
abr-6	3	2	,	,	PUNCT
abr-6	3	3	which	which	DET
abr-6	3	4	strategy	strategy	NOUN
abr-6	3	5	has	have	AUX
abr-6	3	6	the	the	DET
abr-6	3	7	most	most	ADJ
abr-6	3	8	(	(	PUNCT
abr-6	3	9	or	or	CCONJ
abr-6	3	10	least	least	ADJ
abr-6	3	11	)	)	PUNCT
abr-6	3	12	risk	risk	NOUN
abr-6	3	13	depends	depend	VERB
abr-6	3	14	on	on	ADP
abr-6	3	15	how	how	SCONJ
abr-6	3	16	risk	risk	NOUN
abr-6	3	17	is	be	AUX
abr-6	3	18	measured	measure	VERB
abr-6	3	19	.	.	PUNCT
abr-6	4	1	finally	finally	ADV
abr-6	4	2	,	,	PUNCT
abr-6	4	3	despite	despite	SCONJ
abr-6	4	4	the	the	DET
abr-6	4	5	positive	positive	ADJ
abr-6	4	6	floor	floor	NOUN
abr-6	4	7	buy	buy	VERB
abr-6	4	8	and	and	CCONJ
abr-6	4	9	hold	hold	VERB
abr-6	4	10	places	place	NOUN
abr-6	4	11	on	on	ADP
abr-6	4	12	portfolio	portfolio	NOUN
abr-6	4	13	value	value	NOUN
abr-6	4	14	,	,	PUNCT
abr-6	4	15	buy	buy	VERB
abr-6	4	16	and	and	CCONJ
abr-6	4	17	hold	hold	VERB
abr-6	4	18	is	be	AUX
abr-6	4	19	less	less	ADV
abr-6	4	20	risky	risky	ADJ
abr-6	4	21	than	than	ADP
abr-6	4	22	constant	constant	ADJ
abr-6	4	23	mix	mix	NOUN
abr-6	4	24	only	only	ADV
abr-6	4	25	in	in	ADP
abr-6	4	26	a	a	DET
abr-6	4	27	few	few	ADJ
abr-6	4	28	cases	case	NOUN
abr-6	4	29	.	.	PUNCT
abr-6	5	1	keywords	keyword	NOUN
abr-6	5	2	:	:	PUNCT
abr-6	5	3	portfolio	portfolio	NOUN
abr-6	5	4	management	management	NOUN
abr-6	5	5	;	;	PUNCT
abr-6	5	6	risk	risk	NOUN
abr-6	5	7	measurement	measurement	NOUN
abr-6	5	8	introduction	introduction	NOUN
abr-6	5	9	when	when	SCONJ
abr-6	5	10	viewed	view	VERB
abr-6	5	11	in	in	ADP
abr-6	5	12	a	a	DET
abr-6	5	13	one	one	NUM
abr-6	5	14	-	-	PUNCT
abr-6	5	15	period	period	NOUN
abr-6	5	16	context	context	NOUN
abr-6	5	17	under	under	ADP
abr-6	5	18	a	a	DET
abr-6	5	19	traditional	traditional	ADJ
abr-6	5	20	mean	mean	ADJ
abr-6	5	21	-	-	PUNCT
abr-6	5	22	variance	variance	NOUN
abr-6	5	23	framework	framework	NOUN
abr-6	5	24	common	common	ADJ
abr-6	5	25	stocks	stock	NOUN
abr-6	5	26	are	be	AUX
abr-6	5	27	on	on	ADP
abr-6	5	28	average	average	ADJ
abr-6	5	29	much	much	ADV
abr-6	5	30	riskier	risky	ADJ
abr-6	5	31	than	than	ADP
abr-6	5	32	treasury	treasury	NOUN
abr-6	5	33	bills	bill	NOUN
abr-6	5	34	.	.	PUNCT
abr-6	6	1	however	however	ADV
abr-6	6	2	,	,	PUNCT
abr-6	6	3	proponents	proponent	NOUN
abr-6	6	4	of	of	ADP
abr-6	6	5	the	the	DET
abr-6	6	6	concept	concept	NOUN
abr-6	6	7	of	of	ADP
abr-6	6	8	time	time	NOUN
abr-6	6	9	diversification	diversification	NOUN
abr-6	6	10	[	[	X
abr-6	6	11	for	for	ADP
abr-6	6	12	example	example	NOUN
abr-6	6	13	,	,	PUNCT
abr-6	6	14	reichenstein	reichenstein	NOUN
abr-6	6	15	(	(	PUNCT
abr-6	6	16	1986	1986	NUM
abr-6	6	17	)	)	PUNCT
abr-6	6	18	,	,	PUNCT
abr-6	6	19	levy	levy	NOUN
abr-6	6	20	(	(	PUNCT
abr-6	6	21	1978	1978	NUM
abr-6	6	22	)	)	PUNCT
abr-6	6	23	]	]	PUNCT
abr-6	6	24	argue	argue	VERB
abr-6	6	25	that	that	SCONJ
abr-6	6	26	over	over	ADP
abr-6	6	27	long	long	ADJ
abr-6	6	28	horizons	horizon	NOUN
abr-6	6	29	common	common	ADJ
abr-6	6	30	stocks	stock	NOUN
abr-6	6	31	as	as	ADP
abr-6	6	32	a	a	DET
abr-6	6	33	whole	whole	NOUN
abr-6	6	34	may	may	AUX
abr-6	6	35	not	not	PART
abr-6	6	36	be	be	AUX
abr-6	6	37	riskier	risky	ADJ
abr-6	6	38	than	than	ADP
abr-6	6	39	treasury	treasury	NOUN
abr-6	6	40	bills	bill	NOUN
abr-6	6	41	if	if	SCONJ
abr-6	6	42	certain	certain	ADJ
abr-6	6	43	shortfall	shortfall	NOUN
abr-6	6	44	risk	risk	NOUN
abr-6	6	45	measures	measure	NOUN
abr-6	6	46	are	be	AUX
abr-6	6	47	considered	consider	VERB
abr-6	6	48	to	to	PART
abr-6	6	49	be	be	AUX
abr-6	6	50	the	the	DET
abr-6	6	51	relevant	relevant	ADJ
abr-6	6	52	risk	risk	NOUN
abr-6	6	53	measures	measure	NOUN
abr-6	6	54	.	.	PUNCT
abr-6	7	1	levy	levy	NOUN
abr-6	7	2	points	point	VERB
abr-6	7	3	out	out	ADP
abr-6	7	4	that	that	SCONJ
abr-6	7	5	over	over	ADP
abr-6	7	6	every	every	DET
abr-6	7	7	25	25	NUM
abr-6	7	8	-	-	PUNCT
abr-6	7	9	year	year	NOUN
abr-6	7	10	period	period	NOUN
abr-6	7	11	beginning	begin	VERB
abr-6	7	12	with	with	ADP
abr-6	7	13	january	january	PROPN
abr-6	7	14	1926	1926	NUM
abr-6	7	15	or	or	CCONJ
abr-6	7	16	later	later	ADV
abr-6	7	17	the	the	DET
abr-6	7	18	rate	rate	NOUN
abr-6	7	19	of	of	ADP
abr-6	7	20	return	return	NOUN
abr-6	7	21	on	on	ADP
abr-6	7	22	the	the	DET
abr-6	7	23	stock	stock	NOUN
abr-6	7	24	market	market	NOUN
abr-6	7	25	as	as	ADP
abr-6	7	26	a	a	DET
abr-6	7	27	whole	whole	NOUN
abr-6	7	28	has	have	AUX
abr-6	7	29	exceeded	exceed	VERB
abr-6	7	30	that	that	PRON
abr-6	7	31	of	of	ADP
abr-6	7	32	treasury	treasury	NOUN
abr-6	7	33	bills	bill	NOUN
abr-6	7	34	.	.	PUNCT
abr-6	8	1	butler	butler	NOUN
abr-6	8	2	and	and	CCONJ
abr-6	8	3	domian	domian	PROPN
abr-6	8	4	(	(	PUNCT
abr-6	8	5	1991	1991	NUM
abr-6	8	6	,	,	PUNCT
abr-6	8	7	1992	1992	NUM
abr-6	8	8	)	)	PUNCT
abr-6	8	9	point	point	VERB
abr-6	8	10	out	out	ADP
abr-6	8	11	that	that	DET
abr-6	8	12	levy	levy	NOUN
abr-6	8	13	’s	’s	PART
abr-6	8	14	finding	finding	NOUN
abr-6	8	15	may	may	AUX
abr-6	8	16	be	be	AUX
abr-6	8	17	biased	bias	VERB
abr-6	8	18	in	in	ADP
abr-6	8	19	favor	favor	NOUN
abr-6	8	20	of	of	ADP
abr-6	8	21	common	common	ADJ
abr-6	8	22	stocks	stock	NOUN
abr-6	8	23	,	,	PUNCT
abr-6	8	24	since	since	SCONJ
abr-6	8	25	the	the	DET
abr-6	8	26	25	25	NUM
abr-6	8	27	-	-	PUNCT
abr-6	8	28	year	year	NOUN
abr-6	8	29	periods	period	NOUN
abr-6	8	30	overlapped	overlap	VERB
abr-6	8	31	,	,	PUNCT
abr-6	8	32	and	and	CCONJ
abr-6	8	33	therefore	therefore	ADV
abr-6	8	34	were	be	AUX
abr-6	8	35	not	not	PART
abr-6	8	36	independent	independent	ADJ
abr-6	8	37	.	.	PUNCT
abr-6	9	1	the	the	DET
abr-6	9	2	25year	25year	NUM
abr-6	9	3	periods	period	NOUN
abr-6	9	4	examined	examine	VERB
abr-6	9	5	were	be	AUX
abr-6	9	6	january	january	PROPN
abr-6	9	7	1926	1926	NUM
abr-6	9	8	through	through	ADP
abr-6	9	9	december	december	PROPN
abr-6	9	10	1950	1950	NUM
abr-6	9	11	,	,	PUNCT
abr-6	9	12	february	february	PROPN
abr-6	9	13	1926	1926	NUM
abr-6	9	14	through	through	ADP
abr-6	9	15	january	january	PROPN
abr-6	9	16	1951	1951	NUM
abr-6	9	17	,	,	PUNCT
abr-6	9	18	and	and	CCONJ
abr-6	9	19	so	so	ADV
abr-6	9	20	on	on	ADV
abr-6	9	21	.	.	PUNCT
abr-6	10	1	to	to	PART
abr-6	10	2	overcome	overcome	VERB
abr-6	10	3	this	this	DET
abr-6	10	4	weakness	weakness	NOUN
abr-6	10	5	,	,	PUNCT
abr-6	10	6	they	they	PRON
abr-6	10	7	use	use	VERB
abr-6	10	8	empirical	empirical	ADJ
abr-6	10	9	resampling	resampling	NOUN
abr-6	10	10	(	(	PUNCT
abr-6	10	11	also	also	ADV
abr-6	10	12	known	know	VERB
abr-6	10	13	as	as	ADP
abr-6	10	14	historical	historical	ADJ
abr-6	10	15	simulation	simulation	NOUN
abr-6	10	16	or	or	CCONJ
abr-6	10	17	bootstrapping	bootstrapping	NOUN
abr-6	10	18	)	)	PUNCT
abr-6	10	19	to	to	PART
abr-6	10	20	generate	generate	VERB
abr-6	10	21	independent	independent	ADJ
abr-6	10	22	series	series	NOUN
abr-6	10	23	of	of	ADP
abr-6	10	24	returns	return	NOUN
abr-6	10	25	.	.	PUNCT
abr-6	11	1	although	although	SCONJ
abr-6	11	2	their	their	PRON
abr-6	11	3	results	result	NOUN
abr-6	11	4	vary	vary	VERB
abr-6	11	5	somewhat	somewhat	ADV
abr-6	11	6	depending	depend	VERB
abr-6	11	7	on	on	ADP
abr-6	11	8	the	the	DET
abr-6	11	9	sub	sub	NOUN
abr-6	11	10	-	-	NOUN
abr-6	11	11	period	period	NOUN
abr-6	11	12	used	use	VERB
abr-6	11	13	in	in	ADP
abr-6	11	14	their	their	PRON
abr-6	11	15	resampling	resampling	NOUN
abr-6	11	16	,	,	PUNCT
abr-6	11	17	the	the	DET
abr-6	11	18	benefits	benefit	NOUN
abr-6	11	19	of	of	ADP
abr-6	11	20	time	time	NOUN
abr-6	11	21	diversification	diversification	NOUN
abr-6	11	22	are	be	AUX
abr-6	11	23	apparent	apparent	ADJ
abr-6	11	24	,	,	PUNCT
abr-6	11	25	especially	especially	ADV
abr-6	11	26	over	over	ADP
abr-6	11	27	long	long	ADJ
abr-6	11	28	investment	investment	NOUN
abr-6	11	29	horizons	horizon	NOUN
abr-6	11	30	.	.	PUNCT
abr-6	12	1	the	the	DET
abr-6	12	2	above	above	ADJ
abr-6	12	3	studies	study	NOUN
abr-6	12	4	focus	focus	VERB
abr-6	12	5	on	on	ADP
abr-6	12	6	long	long	ADJ
abr-6	12	7	-	-	PUNCT
abr-6	12	8	run	run	VERB
abr-6	12	9	returns	return	NOUN
abr-6	12	10	of	of	ADP
abr-6	12	11	individual	individual	ADJ
abr-6	12	12	asset	asset	NOUN
abr-6	12	13	classes	class	NOUN
abr-6	12	14	rather	rather	ADV
abr-6	12	15	than	than	ADP
abr-6	12	16	portfolios	portfolio	NOUN
abr-6	12	17	composed	compose	VERB
abr-6	12	18	of	of	ADP
abr-6	12	19	more	more	ADJ
abr-6	12	20	than	than	ADP
abr-6	12	21	one	one	NUM
abr-6	12	22	asset	asset	NOUN
abr-6	12	23	class	class	NOUN
abr-6	12	24	;	;	PUNCT
abr-6	12	25	thus	thus	ADV
abr-6	12	26	,	,	PUNCT
abr-6	12	27	they	they	PRON
abr-6	12	28	do	do	AUX
abr-6	12	29	not	not	PART
abr-6	12	30	examine	examine	VERB
abr-6	12	31	the	the	DET
abr-6	12	32	effect	effect	NOUN
abr-6	12	33	of	of	ADP
abr-6	12	34	diversification	diversification	NOUN
abr-6	12	35	between	between	ADP
abr-6	12	36	asset	asset	NOUN
abr-6	12	37	classes	class	NOUN
abr-6	12	38	.	.	PUNCT
abr-6	13	1	when	when	SCONJ
abr-6	13	2	one	one	NUM
abr-6	13	3	diversifies	diversifie	NOUN
abr-6	13	4	,	,	PUNCT
abr-6	13	5	one	one	PRON
abr-6	13	6	has	have	VERB
abr-6	13	7	rebalancing	rebalancing	NOUN
abr-6	13	8	decisions	decision	NOUN
abr-6	13	9	to	to	PART
abr-6	13	10	make	make	VERB
abr-6	13	11	—	—	PUNCT
abr-6	13	12	decisions	decision	NOUN
abr-6	13	13	that	that	PRON
abr-6	13	14	can	can	AUX
abr-6	13	15	have	have	VERB
abr-6	13	16	a	a	DET
abr-6	13	17	considerable	considerable	ADJ
abr-6	13	18	effect	effect	NOUN
abr-6	13	19	on	on	ADP
abr-6	13	20	the	the	DET
abr-6	13	21	risk	risk	NOUN
abr-6	13	22	and	and	CCONJ
abr-6	13	23	return	return	NOUN
abr-6	13	24	,	,	PUNCT
abr-6	13	25	especially	especially	ADV
abr-6	13	26	over	over	ADP
abr-6	13	27	the	the	DET
abr-6	13	28	long	long	ADV
abr-6	13	29	-	-	PUNCT
abr-6	13	30	run	run	NOUN
abr-6	13	31	.	.	PUNCT
abr-6	14	1	perold	perold	NOUN
abr-6	14	2	and	and	CCONJ
abr-6	14	3	sharpe	sharpe	PROPN
abr-6	14	4	(	(	PUNCT
abr-6	14	5	1988	1988	NUM
abr-6	14	6	)	)	PUNCT
abr-6	14	7	present	present	VERB
abr-6	14	8	three	three	NUM
abr-6	14	9	dynamic	dynamic	ADJ
abr-6	14	10	strategies	strategy	NOUN
abr-6	14	11	which	which	PRON
abr-6	14	12	combine	combine	VERB
abr-6	14	13	investment	investment	NOUN
abr-6	14	14	in	in	ADP
abr-6	14	15	stocks	stock	NOUN
abr-6	14	16	with	with	ADP
abr-6	14	17	investment	investment	NOUN
abr-6	14	18	in	in	ADP
abr-6	14	19	treasury	treasury	PROPN
abr-6	14	20	bills	bill	NOUN
abr-6	14	21	to	to	PART
abr-6	14	22	reduce	reduce	VERB
abr-6	14	23	the	the	DET
abr-6	14	24	risk	risk	NOUN
abr-6	14	25	of	of	ADP
abr-6	14	26	equity	equity	NOUN
abr-6	14	27	portfolios	portfolio	NOUN
abr-6	14	28	—	—	PUNCT
abr-6	14	29	buy	buy	NOUN
abr-6	14	30	-	-	PUNCT
abr-6	14	31	and	and	CCONJ
abr-6	14	32	-	-	PUNCT
abr-6	14	33	hold	hold	VERB
abr-6	14	34	(	(	PUNCT
abr-6	14	35	bh	bh	NOUN
abr-6	14	36	)	)	PUNCT
abr-6	14	37	,	,	PUNCT
abr-6	14	38	constant	constant	ADJ
abr-6	14	39	mix	mix	NOUN
abr-6	14	40	(	(	PUNCT
abr-6	14	41	cm	cm	NOUN
abr-6	14	42	)	)	PUNCT
abr-6	14	43	,	,	PUNCT
abr-6	14	44	and	and	CCONJ
abr-6	14	45	constant	constant	ADJ
abr-6	14	46	proportion	proportion	NOUN
abr-6	14	47	portfolio	portfolio	NOUN
abr-6	14	48	insurance	insurance	NOUN
abr-6	14	49	(	(	PUNCT
abr-6	14	50	cppi	cppi	NOUN
abr-6	14	51	)	)	PUNCT
abr-6	14	52	.	.	PUNCT
abr-6	15	1	dichtl	dichtl	PROPN
abr-6	15	2	and	and	CCONJ
abr-6	15	3	drobetz	drobetz	ADJ
abr-6	15	4	(	(	PUNCT
abr-6	15	5	2010	2010	NUM
abr-6	15	6	)	)	PUNCT
abr-6	15	7	discuss	discuss	VERB
abr-6	15	8	the	the	DET
abr-6	15	9	attractiveness	attractiveness	NOUN
abr-6	15	10	of	of	ADP
abr-6	15	11	such	such	ADJ
abr-6	15	12	strategies	strategy	NOUN
abr-6	15	13	to	to	ADP
abr-6	15	14	both	both	CCONJ
abr-6	15	15	institutional	institutional	ADJ
abr-6	15	16	and	and	CCONJ
abr-6	15	17	private	private	ADJ
abr-6	15	18	investors	investor	NOUN
abr-6	15	19	and	and	CCONJ
abr-6	15	20	examine	examine	VERB
abr-6	15	21	the	the	DET
abr-6	15	22	performance	performance	NOUN
abr-6	15	23	of	of	ADP
abr-6	15	24	the	the	DET
abr-6	15	25	cppi	cppi	NOUN
abr-6	15	26	strategy	strategy	NOUN
abr-6	15	27	.	.	PUNCT
abr-6	16	1	perold	perold	PROPN
abr-6	16	2	and	and	CCONJ
abr-6	16	3	sharpe	sharpe	PROPN
abr-6	16	4	discuss	discuss	VERB
abr-6	16	5	the	the	DET
abr-6	16	6	payoffs	payoff	NOUN
abr-6	16	7	and	and	CCONJ
abr-6	16	8	exposures	exposure	NOUN
abr-6	16	9	of	of	ADP
abr-6	16	10	these	these	DET
abr-6	16	11	strategies	strategy	NOUN
abr-6	16	12	.	.	PUNCT
abr-6	17	1	for	for	ADP
abr-6	17	2	example	example	NOUN
abr-6	17	3	,	,	PUNCT
abr-6	17	4	they	they	PRON
abr-6	17	5	point	point	VERB
abr-6	17	6	out	out	ADP
abr-6	17	7	that	that	SCONJ
abr-6	17	8	during	during	ADP
abr-6	17	9	a	a	DET
abr-6	17	10	strictly	strictly	ADV
abr-6	17	11	rising	rise	VERB
abr-6	17	12	or	or	CCONJ
abr-6	17	13	strictly	strictly	ADV
abr-6	17	14	falling	fall	VERB
abr-6	17	15	market	market	NOUN
abr-6	17	16	bh	bh	NOUN
abr-6	17	17	dominates	dominate	VERB
abr-6	17	18	cm	cm	NOUN
abr-6	17	19	while	while	SCONJ
abr-6	17	20	during	during	ADP
abr-6	17	21	an	an	DET
abr-6	17	22	oscillating	oscillate	VERB
abr-6	17	23	market	market	NOUN
abr-6	17	24	cm	cm	NOUN
abr-6	17	25	dominates	dominate	VERB
abr-6	17	26	.	.	PUNCT
abr-6	18	1	however	however	ADV
abr-6	18	2	,	,	PUNCT
abr-6	18	3	they	they	PRON
abr-6	18	4	do	do	AUX
abr-6	18	5	not	not	PART
abr-6	18	6	examine	examine	VERB
abr-6	18	7	the	the	DET
abr-6	18	8	empirical	empirical	ADJ
abr-6	18	9	long	long	ADJ
abr-6	18	10	-	-	PUNCT
abr-6	18	11	run	run	NOUN
abr-6	18	12	performance	performance	NOUN
abr-6	18	13	or	or	CCONJ
abr-6	18	14	risk	risk	NOUN
abr-6	18	15	.	.	PUNCT
abr-6	19	1	while	while	SCONJ
abr-6	19	2	dichtl	dichtl	PROPN
abr-6	19	3	and	and	CCONJ
abr-6	19	4	drobetz	drobetz	ADJ
abr-6	19	5	examine	examine	VERB
abr-6	19	6	the	the	DET
abr-6	19	7	long	long	ADV
abr-6	19	8	-	-	PUNCT
abr-6	19	9	run	run	NOUN
abr-6	19	10	performance	performance	NOUN
abr-6	19	11	of	of	ADP
abr-6	19	12	the	the	DET
abr-6	19	13	cppi	cppi	NOUN
abr-6	19	14	strategy	strategy	NOUN
abr-6	19	15	,	,	PUNCT
abr-6	19	16	they	they	PRON
abr-6	19	17	use	use	VERB
abr-6	19	18	a	a	DET
abr-6	19	19	period	period	NOUN
abr-6	19	20	of	of	ADP
abr-6	19	21	only	only	ADV
abr-6	19	22	22	22	NUM
abr-6	19	23	years	year	NOUN
abr-6	19	24	;	;	PUNCT
abr-6	19	25	given	give	VERB
abr-6	19	26	the	the	DET
abr-6	19	27	volatility	volatility	NOUN
abr-6	19	28	of	of	ADP
abr-6	19	29	the	the	DET
abr-6	19	30	u.s	u.s	PROPN
abr-6	19	31	.	.	PROPN
abr-6	19	32	equity	equity	NOUN
abr-6	19	33	market	market	NOUN
abr-6	19	34	,	,	PUNCT
abr-6	19	35	one	one	PRON
abr-6	19	36	may	may	AUX
abr-6	19	37	consider	consider	VERB
abr-6	19	38	this	this	PRON
abr-6	19	39	to	to	PART
abr-6	19	40	be	be	AUX
abr-6	19	41	too	too	ADV
abr-6	19	42	short	short	ADJ
abr-6	19	43	a	a	DET
abr-6	19	44	period	period	NOUN
abr-6	19	45	.	.	PUNCT
abr-6	20	1	http://journals.sfu.ca/abr	http://journals.sfu.ca/abr	PROPN
abr-6	20	2	long	long	ADV
abr-6	20	3	-	-	PUNCT
abr-6	20	4	run	run	VERB
abr-6	20	5	risk	risk	NOUN
abr-6	20	6	of	of	ADP
abr-6	20	7	dynamic	dynamic	ADJ
abr-6	20	8	asset	asset	NOUN
abr-6	20	9	allocation	allocation	NOUN
abr-6	20	10	strategies	strategy	NOUN
abr-6	20	11	34	34	NUM
abr-6	20	12	this	this	DET
abr-6	20	13	study	study	NOUN
abr-6	20	14	differs	differ	VERB
abr-6	20	15	from	from	ADP
abr-6	20	16	the	the	DET
abr-6	20	17	above	above	ADV
abr-6	20	18	-	-	PUNCT
abr-6	20	19	mentioned	mention	VERB
abr-6	20	20	studies	study	NOUN
abr-6	20	21	in	in	SCONJ
abr-6	20	22	that	that	SCONJ
abr-6	20	23	it	it	PRON
abr-6	20	24	(	(	PUNCT
abr-6	20	25	1	1	X
abr-6	20	26	)	)	PUNCT
abr-6	20	27	examines	examine	VERB
abr-6	20	28	a	a	DET
abr-6	20	29	far	far	ADV
abr-6	20	30	greater	great	ADJ
abr-6	20	31	variety	variety	NOUN
abr-6	20	32	of	of	ADP
abr-6	20	33	risk	risk	NOUN
abr-6	20	34	measures	measure	NOUN
abr-6	20	35	than	than	SCONJ
abr-6	20	36	they	they	PRON
abr-6	20	37	do	do	VERB
abr-6	20	38	;	;	PUNCT
abr-6	20	39	and	and	CCONJ
abr-6	20	40	(	(	PUNCT
abr-6	20	41	2	2	X
abr-6	20	42	)	)	PUNCT
abr-6	20	43	focuses	focus	VERB
abr-6	20	44	entirely	entirely	ADV
abr-6	20	45	on	on	ADP
abr-6	20	46	the	the	DET
abr-6	20	47	risk	risk	NOUN
abr-6	20	48	of	of	ADP
abr-6	20	49	strategies	strategy	NOUN
abr-6	20	50	rather	rather	ADV
abr-6	20	51	than	than	ADP
abr-6	20	52	both	both	CCONJ
abr-6	20	53	risk	risk	NOUN
abr-6	20	54	and	and	CCONJ
abr-6	20	55	return	return	VERB
abr-6	20	56	.	.	PUNCT
abr-6	21	1	although	although	SCONJ
abr-6	21	2	variance	variance	NOUN
abr-6	21	3	is	be	AUX
abr-6	21	4	a	a	DET
abr-6	21	5	traditional	traditional	ADJ
abr-6	21	6	measure	measure	NOUN
abr-6	21	7	of	of	ADP
abr-6	21	8	risk	risk	NOUN
abr-6	21	9	and	and	CCONJ
abr-6	21	10	is	be	AUX
abr-6	21	11	a	a	DET
abr-6	21	12	key	key	ADJ
abr-6	21	13	part	part	NOUN
abr-6	21	14	of	of	ADP
abr-6	21	15	markowitz	markowitz	PROPN
abr-6	21	16	portfolio	portfolio	PROPN
abr-6	21	17	theory	theory	NOUN
abr-6	21	18	and	and	CCONJ
abr-6	21	19	the	the	DET
abr-6	21	20	capital	capital	NOUN
abr-6	21	21	asset	asset	NOUN
abr-6	21	22	pricing	pricing	NOUN
abr-6	21	23	model	model	NOUN
abr-6	21	24	,	,	PUNCT
abr-6	21	25	it	it	PRON
abr-6	21	26	is	be	AUX
abr-6	21	27	not	not	PART
abr-6	21	28	clear	clear	ADJ
abr-6	21	29	that	that	PRON
abr-6	21	30	variance	variance	NOUN
abr-6	21	31	is	be	AUX
abr-6	21	32	always	always	ADV
abr-6	21	33	the	the	DET
abr-6	21	34	most	most	ADV
abr-6	21	35	useful	useful	ADJ
abr-6	21	36	risk	risk	NOUN
abr-6	21	37	measure	measure	NOUN
abr-6	21	38	.	.	PUNCT
abr-6	22	1	tversky	tversky	NOUN
abr-6	22	2	(	(	PUNCT
abr-6	22	3	1990	1990	NUM
abr-6	22	4	)	)	PUNCT
abr-6	22	5	points	point	VERB
abr-6	22	6	out	out	ADP
abr-6	22	7	that	that	SCONJ
abr-6	22	8	losses	loss	NOUN
abr-6	22	9	loom	loom	VERB
abr-6	22	10	much	much	ADV
abr-6	22	11	larger	large	ADJ
abr-6	22	12	than	than	ADP
abr-6	22	13	gains	gain	NOUN
abr-6	22	14	in	in	ADP
abr-6	22	15	people	people	NOUN
abr-6	22	16	’s	’s	PART
abr-6	22	17	minds	mind	NOUN
abr-6	22	18	.	.	PUNCT
abr-6	23	1	also	also	ADV
abr-6	23	2	,	,	PUNCT
abr-6	23	3	the	the	DET
abr-6	23	4	consequences	consequence	NOUN
abr-6	23	5	of	of	ADP
abr-6	23	6	falling	fall	VERB
abr-6	23	7	short	short	ADV
abr-6	23	8	of	of	ADP
abr-6	23	9	a	a	DET
abr-6	23	10	given	give	VERB
abr-6	23	11	return	return	NOUN
abr-6	23	12	target	target	NOUN
abr-6	23	13	could	could	AUX
abr-6	23	14	determine	determine	VERB
abr-6	23	15	the	the	DET
abr-6	23	16	appropriate	appropriate	ADJ
abr-6	23	17	measure	measure	NOUN
abr-6	23	18	of	of	ADP
abr-6	23	19	risk	risk	NOUN
abr-6	23	20	.	.	PUNCT
abr-6	24	1	for	for	ADP
abr-6	24	2	example	example	NOUN
abr-6	24	3	,	,	PUNCT
abr-6	24	4	if	if	SCONJ
abr-6	24	5	failure	failure	NOUN
abr-6	24	6	is	be	AUX
abr-6	24	7	defined	define	VERB
abr-6	24	8	as	as	ADP
abr-6	24	9	earning	earn	VERB
abr-6	24	10	less	less	ADJ
abr-6	24	11	than	than	ADP
abr-6	24	12	the	the	DET
abr-6	24	13	treasury	treasury	NOUN
abr-6	24	14	bill	bill	NOUN
abr-6	24	15	rate	rate	NOUN
abr-6	24	16	of	of	ADP
abr-6	24	17	return	return	NOUN
abr-6	24	18	,	,	PUNCT
abr-6	24	19	the	the	DET
abr-6	24	20	probability	probability	NOUN
abr-6	24	21	of	of	ADP
abr-6	24	22	earning	earn	VERB
abr-6	24	23	less	less	ADJ
abr-6	24	24	than	than	ADP
abr-6	24	25	what	what	PRON
abr-6	24	26	one	one	PRON
abr-6	24	27	could	could	AUX
abr-6	24	28	have	have	AUX
abr-6	24	29	by	by	ADP
abr-6	24	30	investing	invest	VERB
abr-6	24	31	in	in	ADP
abr-6	24	32	treasury	treasury	NOUN
abr-6	24	33	bills	bill	NOUN
abr-6	24	34	could	could	AUX
abr-6	24	35	be	be	AUX
abr-6	24	36	a	a	DET
abr-6	24	37	useful	useful	ADJ
abr-6	24	38	measure	measure	NOUN
abr-6	24	39	of	of	ADP
abr-6	24	40	risk	risk	NOUN
abr-6	24	41	(	(	PUNCT
abr-6	24	42	balzer	balzer	NOUN
abr-6	24	43	(	(	PUNCT
abr-6	24	44	1994	1994	NUM
abr-6	24	45	)	)	PUNCT
abr-6	24	46	and	and	CCONJ
abr-6	24	47	sortino	sortino	NOUN
abr-6	24	48	and	and	CCONJ
abr-6	24	49	price	price	NOUN
abr-6	24	50	(	(	PUNCT
abr-6	24	51	1994	1994	NUM
abr-6	24	52	)	)	PUNCT
abr-6	24	53	)	)	PUNCT
abr-6	24	54	.	.	PUNCT
abr-6	25	1	on	on	ADP
abr-6	25	2	the	the	DET
abr-6	25	3	other	other	ADJ
abr-6	25	4	hand	hand	NOUN
abr-6	25	5	,	,	PUNCT
abr-6	25	6	as	as	SCONJ
abr-6	25	7	balzer	balzer	PROPN
abr-6	25	8	(	(	PUNCT
abr-6	25	9	1994	1994	NUM
abr-6	25	10	)	)	PUNCT
abr-6	25	11	points	point	VERB
abr-6	25	12	out	out	ADP
abr-6	25	13	,	,	PUNCT
abr-6	25	14	shortfall	shortfall	NOUN
abr-6	25	15	probability	probability	NOUN
abr-6	25	16	is	be	AUX
abr-6	25	17	an	an	DET
abr-6	25	18	incomplete	incomplete	ADJ
abr-6	25	19	risk	risk	NOUN
abr-6	25	20	measure	measure	NOUN
abr-6	25	21	because	because	SCONJ
abr-6	25	22	it	it	PRON
abr-6	25	23	fails	fail	VERB
abr-6	25	24	to	to	PART
abr-6	25	25	consider	consider	VERB
abr-6	25	26	the	the	DET
abr-6	25	27	amount	amount	NOUN
abr-6	25	28	of	of	ADP
abr-6	25	29	the	the	DET
abr-6	25	30	shortfall	shortfall	NOUN
abr-6	25	31	.	.	PUNCT
abr-6	26	1	if	if	SCONJ
abr-6	26	2	the	the	DET
abr-6	26	3	consequences	consequence	NOUN
abr-6	26	4	of	of	ADP
abr-6	26	5	falling	fall	VERB
abr-6	26	6	short	short	ADV
abr-6	26	7	of	of	ADP
abr-6	26	8	the	the	DET
abr-6	26	9	return	return	NOUN
abr-6	26	10	that	that	PRON
abr-6	26	11	could	could	AUX
abr-6	26	12	have	have	AUX
abr-6	26	13	been	be	AUX
abr-6	26	14	earned	earn	VERB
abr-6	26	15	from	from	ADP
abr-6	26	16	investing	invest	VERB
abr-6	26	17	in	in	ADP
abr-6	26	18	treasury	treasury	PROPN
abr-6	26	19	bills	bill	NOUN
abr-6	26	20	is	be	AUX
abr-6	26	21	more	more	ADV
abr-6	26	22	severe	severe	ADJ
abr-6	26	23	the	the	DET
abr-6	26	24	farther	farth	ADJ
abr-6	26	25	one	one	NUM
abr-6	26	26	’s	’s	PART
abr-6	26	27	return	return	NOUN
abr-6	26	28	is	be	AUX
abr-6	26	29	below	below	ADP
abr-6	26	30	that	that	PRON
abr-6	26	31	of	of	ADP
abr-6	26	32	treasury	treasury	NOUN
abr-6	26	33	bills	bill	NOUN
abr-6	26	34	,	,	PUNCT
abr-6	26	35	expected	expect	VERB
abr-6	26	36	shortfall	shortfall	NOUN
abr-6	26	37	or	or	CCONJ
abr-6	26	38	lower	low	ADJ
abr-6	26	39	partial	partial	ADJ
abr-6	26	40	variance	variance	NOUN
abr-6	26	41	measures	measure	NOUN
abr-6	26	42	which	which	PRON
abr-6	26	43	consider	consider	VERB
abr-6	26	44	the	the	DET
abr-6	26	45	frequency	frequency	NOUN
abr-6	26	46	and	and	CCONJ
abr-6	26	47	magnitude	magnitude	NOUN
abr-6	26	48	of	of	ADP
abr-6	26	49	deviations	deviation	NOUN
abr-6	26	50	below	below	ADP
abr-6	26	51	what	what	PRON
abr-6	26	52	could	could	AUX
abr-6	26	53	have	have	AUX
abr-6	26	54	been	be	AUX
abr-6	26	55	earned	earn	VERB
abr-6	26	56	by	by	ADP
abr-6	26	57	investing	invest	VERB
abr-6	26	58	in	in	ADP
abr-6	26	59	treasury	treasury	NOUN
abr-6	26	60	bills	bill	NOUN
abr-6	26	61	may	may	AUX
abr-6	26	62	be	be	AUX
abr-6	26	63	relevant	relevant	ADJ
abr-6	26	64	.	.	PUNCT
abr-6	27	1	finally	finally	ADV
abr-6	27	2	,	,	PUNCT
abr-6	27	3	value	value	NOUN
abr-6	27	4	at	at	ADP
abr-6	27	5	risk	risk	NOUN
abr-6	27	6	is	be	AUX
abr-6	27	7	a	a	DET
abr-6	27	8	commonly	commonly	ADV
abr-6	27	9	-	-	PUNCT
abr-6	27	10	used	use	VERB
abr-6	27	11	risk	risk	NOUN
abr-6	27	12	management	management	NOUN
abr-6	27	13	tool	tool	NOUN
abr-6	27	14	.	.	PUNCT
abr-6	28	1	if	if	SCONJ
abr-6	28	2	value	value	NOUN
abr-6	28	3	at	at	ADP
abr-6	28	4	risk	risk	NOUN
abr-6	28	5	is	be	AUX
abr-6	28	6	considered	consider	VERB
abr-6	28	7	to	to	PART
abr-6	28	8	be	be	AUX
abr-6	28	9	the	the	DET
abr-6	28	10	appropriate	appropriate	ADJ
abr-6	28	11	risk	risk	NOUN
abr-6	28	12	measure	measure	NOUN
abr-6	28	13	,	,	PUNCT
abr-6	28	14	specified	specify	VERB
abr-6	28	15	lower	low	ADJ
abr-6	28	16	percentiles	percentile	NOUN
abr-6	28	17	of	of	ADP
abr-6	28	18	wealth	wealth	NOUN
abr-6	28	19	relatives	relative	NOUN
abr-6	28	20	,	,	PUNCT
abr-6	28	21	such	such	ADJ
abr-6	28	22	as	as	ADP
abr-6	28	23	the	the	DET
abr-6	28	24	first	first	ADJ
abr-6	28	25	or	or	CCONJ
abr-6	28	26	fifth	fifth	ADJ
abr-6	28	27	percentiles	percentile	NOUN
abr-6	28	28	,	,	PUNCT
abr-6	28	29	may	may	AUX
abr-6	28	30	be	be	AUX
abr-6	28	31	relevant	relevant	ADJ
abr-6	28	32	.	.	PUNCT
abr-6	29	1	still	still	ADV
abr-6	29	2	,	,	PUNCT
abr-6	29	3	if	if	SCONJ
abr-6	29	4	the	the	DET
abr-6	29	5	conclusions	conclusion	NOUN
abr-6	29	6	as	as	ADP
abr-6	29	7	to	to	ADP
abr-6	29	8	which	which	DET
abr-6	29	9	strategy	strategy	NOUN
abr-6	29	10	is	be	AUX
abr-6	29	11	riskiest	risky	ADJ
abr-6	29	12	and	and	CCONJ
abr-6	29	13	the	the	DET
abr-6	29	14	effect	effect	NOUN
abr-6	29	15	of	of	ADP
abr-6	29	16	floor	floor	NOUN
abr-6	29	17	percentage	percentage	NOUN
abr-6	29	18	on	on	ADP
abr-6	29	19	risk	risk	NOUN
abr-6	29	20	are	be	AUX
abr-6	29	21	the	the	DET
abr-6	29	22	same	same	ADJ
abr-6	29	23	regardless	regardless	ADV
abr-6	29	24	of	of	ADP
abr-6	29	25	risk	risk	NOUN
abr-6	29	26	measure	measure	NOUN
abr-6	29	27	the	the	DET
abr-6	29	28	choice	choice	NOUN
abr-6	29	29	of	of	ADP
abr-6	29	30	risk	risk	NOUN
abr-6	29	31	measure	measure	NOUN
abr-6	29	32	is	be	AUX
abr-6	29	33	unimportant	unimportant	ADJ
abr-6	29	34	.	.	PUNCT
abr-6	30	1	the	the	DET
abr-6	30	2	questions	question	NOUN
abr-6	30	3	examined	examine	VERB
abr-6	30	4	in	in	ADP
abr-6	30	5	this	this	DET
abr-6	30	6	study	study	NOUN
abr-6	30	7	are	be	AUX
abr-6	30	8	:	:	PUNCT
abr-6	30	9	(	(	PUNCT
abr-6	30	10	1	1	X
abr-6	30	11	)	)	PUNCT
abr-6	30	12	which	which	DET
abr-6	30	13	strategy	strategy	NOUN
abr-6	30	14	has	have	VERB
abr-6	30	15	the	the	PRON
abr-6	30	16	most	most	ADJ
abr-6	30	17	(	(	PUNCT
abr-6	30	18	or	or	CCONJ
abr-6	30	19	the	the	DET
abr-6	30	20	least	least	ADJ
abr-6	30	21	)	)	PUNCT
abr-6	30	22	risk	risk	NOUN
abr-6	30	23	;	;	PUNCT
abr-6	30	24	(	(	PUNCT
abr-6	30	25	2	2	X
abr-6	30	26	)	)	PUNCT
abr-6	30	27	what	what	PRON
abr-6	30	28	impact	impact	NOUN
abr-6	30	29	the	the	DET
abr-6	30	30	floor	floor	NOUN
abr-6	30	31	percentage	percentage	NOUN
abr-6	30	32	has	have	VERB
abr-6	30	33	on	on	ADP
abr-6	30	34	the	the	DET
abr-6	30	35	risk	risk	NOUN
abr-6	30	36	;	;	PUNCT
abr-6	30	37	(	(	PUNCT
abr-6	30	38	3	3	X
abr-6	30	39	)	)	PUNCT
abr-6	30	40	whether	whether	SCONJ
abr-6	30	41	the	the	DET
abr-6	30	42	answers	answer	NOUN
abr-6	30	43	to	to	ADP
abr-6	30	44	the	the	DET
abr-6	30	45	first	first	ADJ
abr-6	30	46	two	two	NUM
abr-6	30	47	questions	question	NOUN
abr-6	30	48	are	be	AUX
abr-6	30	49	the	the	DET
abr-6	30	50	same	same	ADJ
abr-6	30	51	for	for	ADP
abr-6	30	52	all	all	DET
abr-6	30	53	risk	risk	NOUN
abr-6	30	54	measures	measure	NOUN
abr-6	30	55	;	;	PUNCT
abr-6	30	56	and	and	CCONJ
abr-6	30	57	(	(	PUNCT
abr-6	30	58	4	4	X
abr-6	30	59	)	)	PUNCT
abr-6	30	60	what	what	DET
abr-6	30	61	effect	effect	NOUN
abr-6	30	62	,	,	PUNCT
abr-6	30	63	if	if	SCONJ
abr-6	30	64	any	any	PRON
abr-6	30	65	,	,	PUNCT
abr-6	30	66	the	the	DET
abr-6	30	67	choice	choice	NOUN
abr-6	30	68	of	of	ADP
abr-6	30	69	investment	investment	NOUN
abr-6	30	70	horizon	horizon	NOUN
abr-6	30	71	has	have	VERB
abr-6	30	72	on	on	ADP
abr-6	30	73	the	the	DET
abr-6	30	74	answers	answer	NOUN
abr-6	30	75	to	to	ADP
abr-6	30	76	the	the	DET
abr-6	30	77	first	first	ADJ
abr-6	30	78	three	three	NUM
abr-6	30	79	questions	question	NOUN
abr-6	30	80	.	.	PUNCT
abr-6	31	1	of	of	ADP
abr-6	31	2	these	these	PRON
abr-6	31	3	,	,	PUNCT
abr-6	31	4	the	the	DET
abr-6	31	5	third	third	ADJ
abr-6	31	6	question	question	NOUN
abr-6	31	7	is	be	AUX
abr-6	31	8	the	the	DET
abr-6	31	9	one	one	NUM
abr-6	31	10	of	of	ADP
abr-6	31	11	most	most	ADJ
abr-6	31	12	interest	interest	NOUN
abr-6	31	13	.	.	PUNCT
abr-6	32	1	this	this	DET
abr-6	32	2	study	study	NOUN
abr-6	32	3	uses	use	VERB
abr-6	32	4	empirical	empirical	ADJ
abr-6	32	5	resampling	resample	VERB
abr-6	32	6	(	(	PUNCT
abr-6	32	7	historical	historical	ADJ
abr-6	32	8	simulation	simulation	NOUN
abr-6	32	9	)	)	PUNCT
abr-6	32	10	as	as	SCONJ
abr-6	32	11	used	use	VERB
abr-6	32	12	in	in	ADP
abr-6	32	13	butler	butler	NOUN
abr-6	32	14	and	and	CCONJ
abr-6	32	15	domian	domian	NOUN
abr-6	32	16	(	(	PUNCT
abr-6	32	17	1991	1991	NUM
abr-6	32	18	,	,	PUNCT
abr-6	32	19	1992	1992	NUM
abr-6	32	20	)	)	PUNCT
abr-6	32	21	and	and	CCONJ
abr-6	32	22	howe	howe	NOUN
abr-6	32	23	(	(	PUNCT
abr-6	32	24	1999	1999	NUM
abr-6	32	25	)	)	PUNCT
abr-6	32	26	to	to	PART
abr-6	32	27	examine	examine	VERB
abr-6	32	28	the	the	DET
abr-6	32	29	risk	risk	NOUN
abr-6	32	30	of	of	ADP
abr-6	32	31	the	the	DET
abr-6	32	32	bh	bh	NOUN
abr-6	32	33	,	,	PUNCT
abr-6	32	34	cm	cm	PROPN
abr-6	32	35	,	,	PUNCT
abr-6	32	36	and	and	CCONJ
abr-6	32	37	cppi	cppi	NOUN
abr-6	32	38	strategies	strategy	NOUN
abr-6	32	39	.	.	PUNCT
abr-6	33	1	the	the	DET
abr-6	33	2	study	study	NOUN
abr-6	33	3	uses	use	VERB
abr-6	33	4	monthly	monthly	ADJ
abr-6	33	5	morningstar	morningstar	PROPN
abr-6	33	6	/	/	SYM
abr-6	33	7	ibbotson	ibbotson	PROPN
abr-6	33	8	sbbi	sbbi	PROPN
abr-6	33	9	data	datum	NOUN
abr-6	33	10	going	go	VERB
abr-6	33	11	back	back	ADV
abr-6	33	12	to	to	ADP
abr-6	33	13	1926	1926	NUM
abr-6	33	14	as	as	ADP
abr-6	33	15	the	the	DET
abr-6	33	16	basis	basis	NOUN
abr-6	33	17	of	of	ADP
abr-6	33	18	the	the	DET
abr-6	33	19	simulation	simulation	NOUN
abr-6	33	20	.	.	PUNCT
abr-6	34	1	thus	thus	ADV
abr-6	34	2	,	,	PUNCT
abr-6	34	3	although	although	SCONJ
abr-6	34	4	this	this	DET
abr-6	34	5	study	study	NOUN
abr-6	34	6	uses	use	VERB
abr-6	34	7	fewer	few	ADJ
abr-6	34	8	data	datum	NOUN
abr-6	34	9	points	point	NOUN
abr-6	34	10	than	than	ADP
abr-6	34	11	dichtl	dichtl	NOUN
abr-6	34	12	and	and	CCONJ
abr-6	34	13	drobetz	drobetz	VERB
abr-6	34	14	’s	’s	PART
abr-6	34	15	22	22	NUM
abr-6	34	16	years	year	NOUN
abr-6	34	17	of	of	ADP
abr-6	34	18	daily	daily	ADJ
abr-6	34	19	returns	return	NOUN
abr-6	34	20	,	,	PUNCT
abr-6	34	21	the	the	DET
abr-6	34	22	sample	sample	NOUN
abr-6	34	23	period	period	NOUN
abr-6	34	24	is	be	AUX
abr-6	34	25	much	much	ADV
abr-6	34	26	longer	long	ADJ
abr-6	34	27	.	.	PUNCT
abr-6	35	1	this	this	DET
abr-6	35	2	study	study	NOUN
abr-6	35	3	focuses	focus	VERB
abr-6	35	4	on	on	ADP
abr-6	35	5	an	an	DET
abr-6	35	6	investment	investment	NOUN
abr-6	35	7	horizon	horizon	NOUN
abr-6	35	8	of	of	ADP
abr-6	35	9	10	10	NUM
abr-6	35	10	years	year	NOUN
abr-6	35	11	.	.	PUNCT
abr-6	36	1	however	however	ADV
abr-6	36	2	,	,	PUNCT
abr-6	36	3	to	to	PART
abr-6	36	4	examine	examine	VERB
abr-6	36	5	whether	whether	SCONJ
abr-6	36	6	the	the	DET
abr-6	36	7	conclusions	conclusion	NOUN
abr-6	36	8	regarding	regard	VERB
abr-6	36	9	the	the	DET
abr-6	36	10	risks	risk	NOUN
abr-6	36	11	of	of	ADP
abr-6	36	12	the	the	DET
abr-6	36	13	strategies	strategy	NOUN
abr-6	36	14	relative	relative	ADJ
abr-6	36	15	to	to	ADP
abr-6	36	16	each	each	DET
abr-6	36	17	other	other	ADJ
abr-6	36	18	and	and	CCONJ
abr-6	36	19	the	the	DET
abr-6	36	20	relationship	relationship	NOUN
abr-6	36	21	between	between	ADP
abr-6	36	22	risk	risk	NOUN
abr-6	36	23	and	and	CCONJ
abr-6	36	24	floor	floor	NOUN
abr-6	36	25	percentage	percentage	NOUN
abr-6	36	26	depend	depend	VERB
abr-6	36	27	on	on	ADP
abr-6	36	28	the	the	DET
abr-6	36	29	investment	investment	NOUN
abr-6	36	30	horizon	horizon	NOUN
abr-6	36	31	it	it	PRON
abr-6	36	32	also	also	ADV
abr-6	36	33	examines	examine	VERB
abr-6	36	34	investment	investment	NOUN
abr-6	36	35	horizons	horizon	NOUN
abr-6	36	36	of	of	ADP
abr-6	36	37	20	20	NUM
abr-6	36	38	and	and	CCONJ
abr-6	36	39	30	30	NUM
abr-6	36	40	years	year	NOUN
abr-6	36	41	.	.	PUNCT
abr-6	37	1	this	this	DET
abr-6	37	2	study	study	NOUN
abr-6	37	3	uses	use	VERB
abr-6	37	4	cppi	cppi	NOUN
abr-6	37	5	floor	floor	NOUN
abr-6	37	6	percentages	percentage	NOUN
abr-6	37	7	ranging	range	VERB
abr-6	37	8	from	from	ADP
abr-6	37	9	10	10	NUM
abr-6	37	10	percent	percent	NOUN
abr-6	37	11	to	to	ADP
abr-6	37	12	95	95	NUM
abr-6	37	13	percent	percent	NOUN
abr-6	37	14	.	.	PUNCT
abr-6	38	1	for	for	ADP
abr-6	38	2	comparison	comparison	NOUN
abr-6	38	3	,	,	PUNCT
abr-6	38	4	this	this	DET
abr-6	38	5	study	study	NOUN
abr-6	38	6	also	also	ADV
abr-6	38	7	examines	examine	VERB
abr-6	38	8	the	the	DET
abr-6	38	9	long	long	ADV
abr-6	38	10	-	-	PUNCT
abr-6	38	11	run	run	NOUN
abr-6	38	12	risk	risk	NOUN
abr-6	38	13	and	and	CCONJ
abr-6	38	14	ending	end	VERB
abr-6	38	15	wealth	wealth	NOUN
abr-6	38	16	of	of	ADP
abr-6	38	17	the	the	DET
abr-6	38	18	bh	bh	NOUN
abr-6	38	19	and	and	CCONJ
abr-6	38	20	cm	cm	NOUN
abr-6	38	21	strategies	strategy	NOUN
abr-6	38	22	using	use	VERB
abr-6	38	23	equity	equity	NOUN
abr-6	38	24	positions	position	NOUN
abr-6	38	25	of	of	ADP
abr-6	38	26	10	10	NUM
abr-6	38	27	through	through	ADP
abr-6	38	28	95	95	NUM
abr-6	38	29	percent	percent	NOUN
abr-6	38	30	.	.	PUNCT
abr-6	39	1	in	in	ADP
abr-6	39	2	addition	addition	NOUN
abr-6	39	3	to	to	ADP
abr-6	39	4	variance	variance	NOUN
abr-6	39	5	,	,	PUNCT
abr-6	39	6	this	this	DET
abr-6	39	7	study	study	NOUN
abr-6	39	8	uses	use	VERB
abr-6	39	9	a	a	DET
abr-6	39	10	number	number	NOUN
abr-6	39	11	of	of	ADP
abr-6	39	12	downside	downside	ADJ
abr-6	39	13	risk	risk	NOUN
abr-6	39	14	measures	measure	NOUN
abr-6	39	15	:	:	PUNCT
abr-6	39	16	value	value	NOUN
abr-6	39	17	at	at	ADP
abr-6	39	18	risk	risk	NOUN
abr-6	39	19	,	,	PUNCT
abr-6	39	20	conditional	conditional	ADJ
abr-6	39	21	value	value	NOUN
abr-6	39	22	at	at	ADP
abr-6	39	23	risk	risk	NOUN
abr-6	39	24	,	,	PUNCT
abr-6	39	25	and	and	CCONJ
abr-6	39	26	lower	low	ADJ
abr-6	39	27	partial	partial	ADJ
abr-6	39	28	moments	moment	NOUN
abr-6	39	29	.	.	PUNCT
abr-6	40	1	this	this	DET
abr-6	40	2	study	study	NOUN
abr-6	40	3	examines	examine	VERB
abr-6	40	4	three	three	NUM
abr-6	40	5	types	type	NOUN
abr-6	40	6	of	of	ADP
abr-6	40	7	lower	low	ADJ
abr-6	40	8	partial	partial	ADJ
abr-6	40	9	moments	moment	NOUN
abr-6	40	10	:	:	PUNCT
abr-6	40	11	shortfall	shortfall	NOUN
abr-6	40	12	probability	probability	NOUN
abr-6	40	13	,	,	PUNCT
abr-6	40	14	expected	expect	VERB
abr-6	40	15	shortfall	shortfall	NOUN
abr-6	40	16	,	,	PUNCT
abr-6	40	17	and	and	CCONJ
abr-6	40	18	lower	low	ADJ
abr-6	40	19	partial	partial	ADJ
abr-6	40	20	variance	variance	NOUN
abr-6	40	21	.	.	PUNCT
abr-6	41	1	lower	low	ADJ
abr-6	41	2	partial	partial	ADJ
abr-6	41	3	moments	moment	NOUN
abr-6	41	4	require	require	VERB
abr-6	41	5	that	that	SCONJ
abr-6	41	6	the	the	DET
abr-6	41	7	minimum	minimum	ADJ
abr-6	41	8	acceptable	acceptable	ADJ
abr-6	41	9	wealth	wealth	NOUN
abr-6	41	10	relative	relative	NOUN
abr-6	41	11	be	be	AUX
abr-6	41	12	specified	specify	VERB
abr-6	41	13	.	.	PUNCT
abr-6	42	1	this	this	DET
abr-6	42	2	study	study	NOUN
abr-6	42	3	uses	use	VERB
abr-6	42	4	three	three	NUM
abr-6	42	5	different	different	ADJ
abr-6	42	6	minimum	minimum	ADJ
abr-6	42	7	acceptable	acceptable	ADJ
abr-6	42	8	wealth	wealth	NOUN
abr-6	42	9	relatives	relative	NOUN
abr-6	42	10	:	:	PUNCT
abr-6	42	11	the	the	DET
abr-6	42	12	mean	mean	ADJ
abr-6	42	13	wealth	wealth	NOUN
abr-6	42	14	relative	relative	NOUN
abr-6	42	15	,	,	PUNCT
abr-6	42	16	the	the	DET
abr-6	42	17	wealth	wealth	NOUN
abr-6	42	18	relative	relative	NOUN
abr-6	42	19	one	one	PRON
abr-6	42	20	would	would	AUX
abr-6	42	21	have	have	AUX
abr-6	42	22	earned	earn	VERB
abr-6	42	23	by	by	ADP
abr-6	42	24	investing	invest	VERB
abr-6	42	25	entirely	entirely	ADV
abr-6	42	26	in	in	ADP
abr-6	42	27	treasury	treasury	NOUN
abr-6	42	28	bills	bill	NOUN
abr-6	42	29	,	,	PUNCT
abr-6	42	30	and	and	CCONJ
abr-6	42	31	a	a	DET
abr-6	42	32	wealth	wealth	NOUN
abr-6	42	33	relative	relative	NOUN
abr-6	42	34	of	of	ADP
abr-6	42	35	1.0	1.0	NUM
abr-6	42	36	,	,	PUNCT
abr-6	42	37	which	which	PRON
abr-6	42	38	corresponds	correspond	VERB
abr-6	42	39	to	to	ADP
abr-6	42	40	a	a	DET
abr-6	42	41	return	return	NOUN
abr-6	42	42	of	of	ADP
abr-6	42	43	zero	zero	NUM
abr-6	42	44	.	.	PUNCT
abr-6	43	1	this	this	DET
abr-6	43	2	study	study	NOUN
abr-6	43	3	finds	find	VERB
abr-6	43	4	that	that	SCONJ
abr-6	43	5	generally	generally	ADV
abr-6	43	6	the	the	DET
abr-6	43	7	lower	low	ADJ
abr-6	43	8	the	the	DET
abr-6	43	9	floor	floor	NOUN
abr-6	43	10	percentage	percentage	NOUN
abr-6	43	11	the	the	PRON
abr-6	43	12	greater	great	ADJ
abr-6	43	13	the	the	DET
abr-6	43	14	risk	risk	NOUN
abr-6	43	15	.	.	PUNCT
abr-6	44	1	however	however	ADV
abr-6	44	2	,	,	PUNCT
abr-6	44	3	which	which	DET
abr-6	44	4	strategy	strategy	NOUN
abr-6	44	5	is	be	AUX
abr-6	44	6	the	the	DET
abr-6	44	7	riskiest	risky	ADJ
abr-6	44	8	(	(	PUNCT
abr-6	44	9	or	or	CCONJ
abr-6	44	10	the	the	DET
abr-6	44	11	least	least	ADJ
abr-6	44	12	risky	risky	ADJ
abr-6	44	13	)	)	PUNCT
abr-6	44	14	depends	depend	VERB
abr-6	44	15	on	on	ADP
abr-6	44	16	how	how	SCONJ
abr-6	44	17	risk	risk	NOUN
abr-6	44	18	is	be	AUX
abr-6	44	19	measured	measure	VERB
abr-6	44	20	.	.	PUNCT
abr-6	45	1	for	for	ADP
abr-6	45	2	risk	risk	NOUN
abr-6	45	3	measured	measure	VERB
abr-6	45	4	based	base	VERB
abr-6	45	5	on	on	ADP
abr-6	45	6	deviations	deviation	NOUN
abr-6	45	7	from	from	ADP
abr-6	45	8	the	the	DET
abr-6	45	9	mean	mean	NOUN
abr-6	45	10	or	or	CCONJ
abr-6	45	11	deviations	deviation	NOUN
abr-6	45	12	from	from	ADP
abr-6	45	13	the	the	DET
abr-6	45	14	risk	risk	NOUN
abr-6	45	15	-	-	PUNCT
abr-6	45	16	free	free	ADJ
abr-6	45	17	rate	rate	NOUN
abr-6	45	18	the	the	DET
abr-6	45	19	cppi	cppi	NOUN
abr-6	45	20	strategy	strategy	NOUN
abr-6	45	21	is	be	AUX
abr-6	45	22	the	the	DET
abr-6	45	23	riskiest	risky	ADJ
abr-6	45	24	and	and	CCONJ
abr-6	45	25	the	the	DET
abr-6	45	26	constant	constant	ADJ
abr-6	45	27	mix	mix	NOUN
abr-6	45	28	strategy	strategy	NOUN
abr-6	45	29	is	be	AUX
abr-6	45	30	the	the	DET
abr-6	45	31	least	least	ADJ
abr-6	45	32	risky	risky	ADJ
abr-6	45	33	,	,	PUNCT
abr-6	45	34	with	with	ADP
abr-6	45	35	the	the	DET
abr-6	45	36	buy	buy	NOUN
abr-6	45	37	and	and	CCONJ
abr-6	45	38	hold	hold	VERB
abr-6	45	39	strategy	strategy	NOUN
abr-6	45	40	being	be	AUX
abr-6	45	41	only	only	ADV
abr-6	45	42	slightly	slightly	ADV
abr-6	45	43	riskier	risky	ADJ
abr-6	45	44	than	than	ADP
abr-6	45	45	the	the	DET
abr-6	45	46	constant	constant	ADJ
abr-6	45	47	mix	mix	NOUN
abr-6	45	48	strategy	strategy	NOUN
abr-6	45	49	.	.	PUNCT
abr-6	46	1	for	for	ADP
abr-6	46	2	the	the	DET
abr-6	46	3	other	other	ADJ
abr-6	46	4	risk	risk	NOUN
abr-6	46	5	measures	measure	NOUN
abr-6	46	6	examined	examine	VERB
abr-6	46	7	in	in	ADP
abr-6	46	8	this	this	DET
abr-6	46	9	study	study	NOUN
abr-6	46	10	the	the	DET
abr-6	46	11	findings	finding	NOUN
abr-6	46	12	as	as	ADP
abr-6	46	13	to	to	ADP
abr-6	46	14	how	how	SCONJ
abr-6	46	15	the	the	DET
abr-6	46	16	risks	risk	NOUN
abr-6	46	17	of	of	ADP
abr-6	46	18	the	the	DET
abr-6	46	19	strategies	strategy	NOUN
abr-6	46	20	compare	compare	VERB
abr-6	46	21	with	with	ADP
abr-6	46	22	each	each	DET
abr-6	46	23	other	other	ADJ
abr-6	46	24	are	be	AUX
abr-6	46	25	very	very	ADV
abr-6	46	26	mixed	mixed	ADJ
abr-6	46	27	.	.	PUNCT
abr-6	47	1	finally	finally	ADV
abr-6	47	2	,	,	PUNCT
abr-6	47	3	while	while	SCONJ
abr-6	47	4	the	the	DET
abr-6	47	5	buy	buy	NOUN
abr-6	47	6	and	and	CCONJ
abr-6	47	7	hold	hold	VERB
abr-6	47	8	strategy	strategy	NOUN
abr-6	47	9	places	place	NOUN
abr-6	47	10	a	a	DET
abr-6	47	11	positive	positive	ADJ
abr-6	47	12	floor	floor	NOUN
abr-6	47	13	on	on	ADP
abr-6	47	14	value	value	NOUN
abr-6	47	15	of	of	ADP
abr-6	47	16	the	the	DET
abr-6	47	17	portfolio	portfolio	NOUN
abr-6	47	18	while	while	SCONJ
abr-6	47	19	the	the	DET
abr-6	47	20	constant	constant	ADJ
abr-6	47	21	mix	mix	NOUN
abr-6	47	22	strategy	strategy	NOUN
abr-6	47	23	does	do	AUX
abr-6	47	24	not	not	PART
abr-6	47	25	,	,	PUNCT
abr-6	47	26	this	this	PRON
abr-6	47	27	does	do	AUX
abr-6	47	28	not	not	PART
abr-6	47	29	make	make	VERB
abr-6	47	30	the	the	DET
abr-6	47	31	buy	buy	NOUN
abr-6	47	32	and	and	CCONJ
abr-6	47	33	hold	hold	VERB
abr-6	47	34	strategy	strategy	NOUN
abr-6	47	35	less	less	ADV
abr-6	47	36	risky	risky	ADJ
abr-6	47	37	than	than	ADP
abr-6	47	38	the	the	DET
abr-6	47	39	constant	constant	ADJ
abr-6	47	40	mix	mix	NOUN
abr-6	47	41	strategy	strategy	NOUN
abr-6	47	42	howe	howe	NOUN
abr-6	47	43	&	&	CCONJ
abr-6	47	44	pope	pope	PROPN
abr-6	47	45	35	35	NUM
abr-6	47	46	unless	unless	SCONJ
abr-6	47	47	one	one	NUM
abr-6	47	48	views	view	VERB
abr-6	47	49	risk	risk	NOUN
abr-6	47	50	as	as	ADP
abr-6	47	51	a	a	DET
abr-6	47	52	particular	particular	ADJ
abr-6	47	53	low	low	ADJ
abr-6	47	54	percentile	percentile	NOUN
abr-6	47	55	of	of	ADP
abr-6	47	56	the	the	DET
abr-6	47	57	ending	end	VERB
abr-6	47	58	wealth	wealth	NOUN
abr-6	47	59	distribution	distribution	NOUN
abr-6	47	60	,	,	PUNCT
abr-6	47	61	and	and	CCONJ
abr-6	47	62	even	even	ADV
abr-6	47	63	then	then	ADV
abr-6	47	64	only	only	ADV
abr-6	47	65	if	if	SCONJ
abr-6	47	66	the	the	DET
abr-6	47	67	investment	investment	NOUN
abr-6	47	68	horizon	horizon	NOUN
abr-6	47	69	is	be	AUX
abr-6	47	70	sufficiently	sufficiently	ADV
abr-6	47	71	short	short	ADJ
abr-6	47	72	.	.	PUNCT
abr-6	48	1	survey	survey	NOUN
abr-6	48	2	of	of	ADP
abr-6	48	3	relevant	relevant	ADJ
abr-6	48	4	literature	literature	NOUN
abr-6	48	5	the	the	DET
abr-6	48	6	relevant	relevant	ADJ
abr-6	48	7	literature	literature	NOUN
abr-6	48	8	addresses	address	NOUN
abr-6	48	9	long	long	ADV
abr-6	48	10	-	-	PUNCT
abr-6	48	11	run	run	VERB
abr-6	48	12	assets	asset	NOUN
abr-6	48	13	class	class	NOUN
abr-6	48	14	returns	return	NOUN
abr-6	48	15	,	,	PUNCT
abr-6	48	16	portfolio	portfolio	NOUN
abr-6	48	17	insurance	insurance	NOUN
abr-6	48	18	,	,	PUNCT
abr-6	48	19	and	and	CCONJ
abr-6	48	20	risk	risk	NOUN
abr-6	48	21	measurement	measurement	NOUN
abr-6	48	22	.	.	PUNCT
abr-6	49	1	long	long	ADJ
abr-6	49	2	-	-	PUNCT
abr-6	49	3	run	run	VERB
abr-6	49	4	asset	asset	NOUN
abr-6	49	5	class	class	NOUN
abr-6	49	6	return	return	NOUN
abr-6	49	7	studies	study	NOUN
abr-6	49	8	one	one	NUM
abr-6	49	9	type	type	NOUN
abr-6	49	10	of	of	ADP
abr-6	49	11	study	study	NOUN
abr-6	49	12	examining	examine	VERB
abr-6	49	13	long	long	ADV
abr-6	49	14	-	-	PUNCT
abr-6	49	15	run	run	NOUN
abr-6	49	16	returns	return	NOUN
abr-6	49	17	is	be	AUX
abr-6	49	18	a	a	DET
abr-6	49	19	monte	monte	PROPN
abr-6	49	20	carlo	carlo	PROPN
abr-6	49	21	simulation	simulation	PROPN
abr-6	49	22	study	study	PROPN
abr-6	49	23	,	,	PUNCT
abr-6	49	24	in	in	ADP
abr-6	49	25	which	which	PRON
abr-6	49	26	the	the	DET
abr-6	49	27	return	return	NOUN
abr-6	49	28	distributions	distribution	NOUN
abr-6	49	29	(	(	PUNCT
abr-6	49	30	along	along	ADP
abr-6	49	31	with	with	ADP
abr-6	49	32	the	the	DET
abr-6	49	33	autocorrelations	autocorrelation	NOUN
abr-6	49	34	and	and	CCONJ
abr-6	49	35	cross	cross	NOUN
abr-6	49	36	-	-	NOUN
abr-6	49	37	correlations	correlation	NOUN
abr-6	49	38	)	)	PUNCT
abr-6	49	39	of	of	ADP
abr-6	49	40	the	the	DET
abr-6	49	41	various	various	ADJ
abr-6	49	42	asset	asset	NOUN
abr-6	49	43	classes	class	NOUN
abr-6	49	44	are	be	AUX
abr-6	49	45	assumed	assume	VERB
abr-6	49	46	.	.	PUNCT
abr-6	50	1	examples	example	NOUN
abr-6	50	2	of	of	ADP
abr-6	50	3	such	such	ADJ
abr-6	50	4	studies	study	NOUN
abr-6	50	5	are	be	AUX
abr-6	50	6	leibowitz	leibowitz	NOUN
abr-6	50	7	and	and	CCONJ
abr-6	50	8	langetieg	langetieg	PROPN
abr-6	50	9	(	(	PUNCT
abr-6	50	10	1989	1989	NUM
abr-6	50	11	)	)	PUNCT
abr-6	50	12	and	and	CCONJ
abr-6	50	13	shoven	shoven	NOUN
abr-6	50	14	and	and	CCONJ
abr-6	50	15	sialm	sialm	NOUN
abr-6	50	16	(	(	PUNCT
abr-6	50	17	1998	1998	NUM
abr-6	50	18	)	)	PUNCT
abr-6	50	19	.	.	PUNCT
abr-6	51	1	monte	monte	PROPN
abr-6	51	2	carlo	carlo	PROPN
abr-6	51	3	simulation	simulation	PROPN
abr-6	51	4	studies	study	NOUN
abr-6	51	5	involve	involve	VERB
abr-6	51	6	sampling	sample	VERB
abr-6	51	7	from	from	ADP
abr-6	51	8	assumed	assume	VERB
abr-6	51	9	distributions	distribution	NOUN
abr-6	51	10	,	,	PUNCT
abr-6	51	11	often	often	ADV
abr-6	51	12	normal	normal	ADJ
abr-6	51	13	or	or	CCONJ
abr-6	51	14	lognormal	lognormal	ADJ
abr-6	51	15	distributions	distribution	NOUN
abr-6	51	16	with	with	ADP
abr-6	51	17	specified	specified	ADJ
abr-6	51	18	means	mean	NOUN
abr-6	51	19	and	and	CCONJ
abr-6	51	20	variances	variance	NOUN
abr-6	51	21	.	.	PUNCT
abr-6	52	1	in	in	ADP
abr-6	52	2	addition	addition	NOUN
abr-6	52	3	to	to	ADP
abr-6	52	4	avoiding	avoid	VERB
abr-6	52	5	the	the	DET
abr-6	52	6	problem	problem	NOUN
abr-6	52	7	of	of	ADP
abr-6	52	8	a	a	DET
abr-6	52	9	small	small	ADJ
abr-6	52	10	number	number	NOUN
abr-6	52	11	of	of	ADP
abr-6	52	12	independent	independent	ADJ
abr-6	52	13	multi	multi	ADJ
abr-6	52	14	-	-	ADJ
abr-6	52	15	year	year	NOUN
abr-6	52	16	periods	period	NOUN
abr-6	52	17	,	,	PUNCT
abr-6	52	18	simulation	simulation	NOUN
abr-6	52	19	studies	study	NOUN
abr-6	52	20	allow	allow	VERB
abr-6	52	21	one	one	PRON
abr-6	52	22	to	to	PART
abr-6	52	23	vary	vary	VERB
abr-6	52	24	the	the	DET
abr-6	52	25	expected	expect	VERB
abr-6	52	26	returns	return	NOUN
abr-6	52	27	and	and	CCONJ
abr-6	52	28	standard	standard	ADJ
abr-6	52	29	deviations	deviation	NOUN
abr-6	52	30	(	(	PUNCT
abr-6	52	31	and	and	CCONJ
abr-6	52	32	other	other	ADJ
abr-6	52	33	parameters	parameter	NOUN
abr-6	52	34	if	if	SCONJ
abr-6	52	35	the	the	DET
abr-6	52	36	assumed	assume	VERB
abr-6	52	37	distribution	distribution	NOUN
abr-6	52	38	is	be	AUX
abr-6	52	39	non	non	ADJ
abr-6	52	40	-	-	ADJ
abr-6	52	41	normal	normal	ADJ
abr-6	52	42	)	)	PUNCT
abr-6	52	43	.	.	PUNCT
abr-6	53	1	this	this	PRON
abr-6	53	2	enables	enable	VERB
abr-6	53	3	one	one	NUM
abr-6	53	4	to	to	PART
abr-6	53	5	examine	examine	VERB
abr-6	53	6	the	the	DET
abr-6	53	7	sensitivity	sensitivity	NOUN
abr-6	53	8	of	of	ADP
abr-6	53	9	the	the	DET
abr-6	53	10	results	result	NOUN
abr-6	53	11	to	to	ADP
abr-6	53	12	the	the	DET
abr-6	53	13	expected	expect	VERB
abr-6	53	14	returns	return	NOUN
abr-6	53	15	,	,	PUNCT
abr-6	53	16	variances	variance	NOUN
abr-6	53	17	,	,	PUNCT
abr-6	53	18	and	and	CCONJ
abr-6	53	19	so	so	ADV
abr-6	53	20	on	on	ADV
abr-6	53	21	.	.	PUNCT
abr-6	54	1	a	a	DET
abr-6	54	2	disadvantage	disadvantage	NOUN
abr-6	54	3	of	of	ADP
abr-6	54	4	the	the	DET
abr-6	54	5	monte	monte	PROPN
abr-6	54	6	carlo	carlo	PROPN
abr-6	54	7	simulation	simulation	PROPN
abr-6	54	8	study	study	NOUN
abr-6	54	9	is	be	AUX
abr-6	54	10	its	its	PRON
abr-6	54	11	sensitivity	sensitivity	NOUN
abr-6	54	12	to	to	ADP
abr-6	54	13	the	the	DET
abr-6	54	14	choice	choice	NOUN
abr-6	54	15	of	of	ADP
abr-6	54	16	return	return	NOUN
abr-6	54	17	-	-	PUNCT
abr-6	54	18	generating	generate	VERB
abr-6	54	19	process	process	NOUN
abr-6	54	20	.	.	PUNCT
abr-6	55	1	given	give	VERB
abr-6	55	2	the	the	DET
abr-6	55	3	finding	finding	NOUN
abr-6	55	4	that	that	PRON
abr-6	55	5	return	return	NOUN
abr-6	55	6	distributions	distribution	NOUN
abr-6	55	7	tend	tend	VERB
abr-6	55	8	to	to	PART
abr-6	55	9	have	have	VERB
abr-6	55	10	fatter	fat	ADJ
abr-6	55	11	tails	tail	NOUN
abr-6	55	12	than	than	ADP
abr-6	55	13	a	a	DET
abr-6	55	14	normal	normal	ADJ
abr-6	55	15	or	or	CCONJ
abr-6	55	16	lognormal	lognormal	ADJ
abr-6	55	17	distribution	distribution	NOUN
abr-6	55	18	,	,	PUNCT
abr-6	55	19	using	use	VERB
abr-6	55	20	a	a	DET
abr-6	55	21	normal	normal	ADJ
abr-6	55	22	or	or	CCONJ
abr-6	55	23	lognormal	lognormal	ADJ
abr-6	55	24	distribution	distribution	NOUN
abr-6	55	25	is	be	AUX
abr-6	55	26	likely	likely	ADJ
abr-6	55	27	to	to	PART
abr-6	55	28	underestimate	underestimate	VERB
abr-6	55	29	the	the	DET
abr-6	55	30	frequency	frequency	NOUN
abr-6	55	31	and	and	CCONJ
abr-6	55	32	magnitude	magnitude	NOUN
abr-6	55	33	of	of	ADP
abr-6	55	34	extremely	extremely	ADV
abr-6	55	35	low	low	ADJ
abr-6	55	36	returns	return	NOUN
abr-6	55	37	,	,	PUNCT
abr-6	55	38	thus	thus	ADV
abr-6	55	39	making	make	VERB
abr-6	55	40	common	common	ADJ
abr-6	55	41	stocks	stock	NOUN
abr-6	55	42	look	look	VERB
abr-6	55	43	less	less	ADV
abr-6	55	44	risky	risky	ADJ
abr-6	55	45	than	than	SCONJ
abr-6	55	46	they	they	PRON
abr-6	55	47	really	really	ADV
abr-6	55	48	are	be	AUX
abr-6	55	49	(	(	PUNCT
abr-6	55	50	lucas	lucas	NOUN
abr-6	55	51	and	and	CCONJ
abr-6	55	52	klaassen	klaassen	PROPN
abr-6	55	53	,	,	PUNCT
abr-6	55	54	1998	1998	NUM
abr-6	55	55	)	)	PUNCT
abr-6	55	56	.	.	PUNCT
abr-6	56	1	a	a	DET
abr-6	56	2	second	second	ADJ
abr-6	56	3	type	type	NOUN
abr-6	56	4	of	of	ADP
abr-6	56	5	study	study	NOUN
abr-6	56	6	involves	involve	VERB
abr-6	56	7	assuming	assume	VERB
abr-6	56	8	return	return	NOUN
abr-6	56	9	-	-	PUNCT
abr-6	56	10	generating	generate	VERB
abr-6	56	11	distributions	distribution	NOUN
abr-6	56	12	and	and	CCONJ
abr-6	56	13	analytically	analytically	ADV
abr-6	56	14	deriving	derive	VERB
abr-6	56	15	the	the	DET
abr-6	56	16	future	future	ADJ
abr-6	56	17	wealth	wealth	NOUN
abr-6	56	18	or	or	CCONJ
abr-6	56	19	return	return	VERB
abr-6	56	20	distributions	distribution	NOUN
abr-6	56	21	.	.	PUNCT
abr-6	57	1	examples	example	NOUN
abr-6	57	2	include	include	VERB
abr-6	57	3	reichenstein	reichenstein	NOUN
abr-6	57	4	(	(	PUNCT
abr-6	57	5	1986	1986	NUM
abr-6	57	6	)	)	PUNCT
abr-6	57	7	,	,	PUNCT
abr-6	57	8	ho	ho	PROPN
abr-6	57	9	,	,	PUNCT
abr-6	57	10	milevsky	milevsky	NOUN
abr-6	57	11	,	,	PUNCT
abr-6	57	12	and	and	CCONJ
abr-6	57	13	robinson	robinson	PROPN
abr-6	57	14	(	(	PUNCT
abr-6	57	15	1994	1994	NUM
abr-6	57	16	)	)	PUNCT
abr-6	57	17	and	and	CCONJ
abr-6	57	18	mccabe	mccabe	PROPN
abr-6	57	19	(	(	PUNCT
abr-6	57	20	1999	1999	NUM
abr-6	57	21	)	)	PUNCT
abr-6	57	22	.	.	PUNCT
abr-6	58	1	while	while	SCONJ
abr-6	58	2	there	there	PRON
abr-6	58	3	is	be	VERB
abr-6	58	4	less	less	ADJ
abr-6	58	5	of	of	ADP
abr-6	58	6	a	a	DET
abr-6	58	7	problem	problem	NOUN
abr-6	58	8	of	of	ADP
abr-6	58	9	sampling	sample	VERB
abr-6	58	10	error	error	NOUN
abr-6	58	11	than	than	ADP
abr-6	58	12	in	in	ADP
abr-6	58	13	the	the	DET
abr-6	58	14	monte	monte	PROPN
abr-6	58	15	carlo	carlo	PROPN
abr-6	58	16	simulations	simulation	NOUN
abr-6	58	17	,	,	PUNCT
abr-6	58	18	the	the	DET
abr-6	58	19	results	result	NOUN
abr-6	58	20	of	of	ADP
abr-6	58	21	this	this	DET
abr-6	58	22	type	type	NOUN
abr-6	58	23	of	of	ADP
abr-6	58	24	study	study	NOUN
abr-6	58	25	are	be	AUX
abr-6	58	26	still	still	ADV
abr-6	58	27	sensitive	sensitive	ADJ
abr-6	58	28	to	to	ADP
abr-6	58	29	the	the	DET
abr-6	58	30	choice	choice	NOUN
abr-6	58	31	of	of	ADP
abr-6	58	32	return	return	NOUN
abr-6	58	33	-	-	PUNCT
abr-6	58	34	generating	generate	VERB
abr-6	58	35	process	process	NOUN
abr-6	58	36	.	.	PUNCT
abr-6	59	1	a	a	DET
abr-6	59	2	third	third	ADJ
abr-6	59	3	type	type	NOUN
abr-6	59	4	of	of	ADP
abr-6	59	5	long	long	ADJ
abr-6	59	6	-	-	PUNCT
abr-6	59	7	run	run	VERB
abr-6	59	8	investment	investment	NOUN
abr-6	59	9	performance	performance	NOUN
abr-6	59	10	study	study	NOUN
abr-6	59	11	is	be	AUX
abr-6	59	12	the	the	DET
abr-6	59	13	empirical	empirical	ADJ
abr-6	59	14	resampling	resampling	NOUN
abr-6	59	15	(	(	PUNCT
abr-6	59	16	also	also	ADV
abr-6	59	17	known	know	VERB
abr-6	59	18	as	as	ADP
abr-6	59	19	bootstrapping	bootstrappe	VERB
abr-6	59	20	or	or	CCONJ
abr-6	59	21	historical	historical	ADJ
abr-6	59	22	simulation	simulation	NOUN
abr-6	59	23	)	)	PUNCT
abr-6	59	24	study	study	NOUN
abr-6	59	25	.	.	PUNCT
abr-6	60	1	depending	depend	VERB
abr-6	60	2	on	on	ADP
abr-6	60	3	the	the	DET
abr-6	60	4	extent	extent	NOUN
abr-6	60	5	to	to	PART
abr-6	60	6	which	which	PRON
abr-6	60	7	past	past	ADP
abr-6	60	8	stock	stock	NOUN
abr-6	60	9	and	and	CCONJ
abr-6	60	10	treasury	treasury	PROPN
abr-6	60	11	bill	bill	NOUN
abr-6	60	12	market	market	NOUN
abr-6	60	13	performances	performance	NOUN
abr-6	60	14	repeat	repeat	VERB
abr-6	60	15	themselves	themselves	PRON
abr-6	60	16	,	,	PUNCT
abr-6	60	17	this	this	PRON
abr-6	60	18	is	be	AUX
abr-6	60	19	potentially	potentially	ADV
abr-6	60	20	more	more	ADV
abr-6	60	21	realistic	realistic	ADJ
abr-6	60	22	than	than	ADP
abr-6	60	23	the	the	DET
abr-6	60	24	monte	monte	PROPN
abr-6	60	25	carlo	carlo	PROPN
abr-6	60	26	simulation	simulation	PROPN
abr-6	60	27	study	study	PROPN
abr-6	60	28	.	.	PUNCT
abr-6	61	1	empirical	empirical	ADJ
abr-6	61	2	resampling	resampling	NOUN
abr-6	61	3	differs	differ	NOUN
abr-6	61	4	from	from	ADP
abr-6	61	5	monte	monte	PROPN
abr-6	61	6	carlo	carlo	PROPN
abr-6	61	7	simulation	simulation	NOUN
abr-6	61	8	by	by	ADP
abr-6	61	9	using	use	VERB
abr-6	61	10	the	the	DET
abr-6	61	11	observed	observe	VERB
abr-6	61	12	distribution	distribution	NOUN
abr-6	61	13	of	of	ADP
abr-6	61	14	monthly	monthly	ADJ
abr-6	61	15	returns	return	NOUN
abr-6	61	16	rather	rather	ADV
abr-6	61	17	than	than	ADP
abr-6	61	18	an	an	DET
abr-6	61	19	assumed	assumed	ADJ
abr-6	61	20	distribution	distribution	NOUN
abr-6	61	21	.	.	PUNCT
abr-6	62	1	butler	butler	NOUN
abr-6	62	2	and	and	CCONJ
abr-6	62	3	domian	domian	PROPN
abr-6	62	4	's	's	PART
abr-6	62	5	initial	initial	ADJ
abr-6	62	6	study	study	NOUN
abr-6	62	7	(	(	PUNCT
abr-6	62	8	1991	1991	NUM
abr-6	62	9	)	)	PUNCT
abr-6	62	10	uses	use	VERB
abr-6	62	11	empirical	empirical	ADJ
abr-6	62	12	resampling	resampling	NOUN
abr-6	62	13	to	to	PART
abr-6	62	14	examine	examine	VERB
abr-6	62	15	the	the	DET
abr-6	62	16	performance	performance	NOUN
abr-6	62	17	of	of	ADP
abr-6	62	18	lump	lump	NOUN
abr-6	62	19	-	-	PUNCT
abr-6	62	20	sum	sum	NOUN
abr-6	62	21	investments	investment	NOUN
abr-6	62	22	in	in	ADP
abr-6	62	23	common	common	ADJ
abr-6	62	24	stocks	stock	NOUN
abr-6	62	25	and	and	CCONJ
abr-6	62	26	treasury	treasury	NOUN
abr-6	62	27	bonds	bond	NOUN
abr-6	62	28	.	.	PUNCT
abr-6	63	1	their	their	PRON
abr-6	63	2	second	second	ADJ
abr-6	63	3	study	study	NOUN
abr-6	63	4	(	(	PUNCT
abr-6	63	5	1992	1992	NUM
abr-6	63	6	)	)	PUNCT
abr-6	63	7	examines	examine	VERB
abr-6	63	8	treasury	treasury	NOUN
abr-6	63	9	bills	bill	NOUN
abr-6	63	10	,	,	PUNCT
abr-6	63	11	corporate	corporate	ADJ
abr-6	63	12	bonds	bond	NOUN
abr-6	63	13	,	,	PUNCT
abr-6	63	14	and	and	CCONJ
abr-6	63	15	low	low	ADJ
abr-6	63	16	-	-	PUNCT
abr-6	63	17	capitalization	capitalization	NOUN
abr-6	63	18	common	common	ADJ
abr-6	63	19	stocks	stock	NOUN
abr-6	63	20	as	as	ADV
abr-6	63	21	well	well	ADV
abr-6	63	22	.	.	PUNCT
abr-6	64	1	in	in	ADP
abr-6	64	2	addition	addition	NOUN
abr-6	64	3	,	,	PUNCT
abr-6	64	4	their	their	PRON
abr-6	64	5	second	second	ADJ
abr-6	64	6	study	study	NOUN
abr-6	64	7	considers	consider	VERB
abr-6	64	8	the	the	DET
abr-6	64	9	case	case	NOUN
abr-6	64	10	of	of	ADP
abr-6	64	11	making	make	VERB
abr-6	64	12	deposits	deposit	NOUN
abr-6	64	13	into	into	ADP
abr-6	64	14	a	a	DET
abr-6	64	15	retirement	retirement	NOUN
abr-6	64	16	fund	fund	NOUN
abr-6	64	17	,	,	PUNCT
abr-6	64	18	where	where	SCONJ
abr-6	64	19	an	an	DET
abr-6	64	20	equal	equal	ADJ
abr-6	64	21	amount	amount	NOUN
abr-6	64	22	(	(	PUNCT
abr-6	64	23	in	in	ADP
abr-6	64	24	real	real	ADJ
abr-6	64	25	terms	term	NOUN
abr-6	64	26	)	)	PUNCT
abr-6	64	27	is	be	AUX
abr-6	64	28	invested	invest	VERB
abr-6	64	29	each	each	DET
abr-6	64	30	month	month	NOUN
abr-6	64	31	.	.	PUNCT
abr-6	65	1	both	both	PRON
abr-6	65	2	of	of	ADP
abr-6	65	3	their	their	PRON
abr-6	65	4	studies	study	NOUN
abr-6	65	5	find	find	VERB
abr-6	65	6	that	that	SCONJ
abr-6	65	7	in	in	ADP
abr-6	65	8	the	the	DET
abr-6	65	9	vast	vast	ADJ
abr-6	65	10	majority	majority	NOUN
abr-6	65	11	of	of	ADP
abr-6	65	12	cases	case	NOUN
abr-6	65	13	common	common	ADJ
abr-6	65	14	stocks	stock	NOUN
abr-6	65	15	earn	earn	VERB
abr-6	65	16	more	more	ADJ
abr-6	65	17	than	than	ADP
abr-6	65	18	bonds	bond	NOUN
abr-6	65	19	over	over	ADP
abr-6	65	20	periods	period	NOUN
abr-6	65	21	of	of	ADP
abr-6	65	22	20	20	NUM
abr-6	65	23	years	year	NOUN
abr-6	65	24	or	or	CCONJ
abr-6	65	25	longer	long	ADJ
abr-6	65	26	.	.	PUNCT
abr-6	66	1	portfolio	portfolio	NOUN
abr-6	66	2	insurance	insurance	NOUN
abr-6	66	3	studies	study	NOUN
abr-6	66	4	the	the	DET
abr-6	66	5	major	major	ADJ
abr-6	66	6	motive	motive	NOUN
abr-6	66	7	behind	behind	ADP
abr-6	66	8	portfolio	portfolio	NOUN
abr-6	66	9	insurance	insurance	NOUN
abr-6	66	10	is	be	AUX
abr-6	66	11	to	to	PART
abr-6	66	12	minimize	minimize	VERB
abr-6	66	13	the	the	DET
abr-6	66	14	chance	chance	NOUN
abr-6	66	15	of	of	ADP
abr-6	66	16	the	the	DET
abr-6	66	17	large	large	ADJ
abr-6	66	18	losses	loss	NOUN
abr-6	66	19	possible	possible	ADJ
abr-6	66	20	from	from	ADP
abr-6	66	21	investing	invest	VERB
abr-6	66	22	in	in	ADP
abr-6	66	23	common	common	ADJ
abr-6	66	24	stocks	stock	NOUN
abr-6	66	25	.	.	PUNCT
abr-6	67	1	perold	perold	NOUN
abr-6	67	2	and	and	CCONJ
abr-6	67	3	sharpe	sharpe	PROPN
abr-6	67	4	(	(	PUNCT
abr-6	67	5	1988	1988	NUM
abr-6	67	6	)	)	PUNCT
abr-6	67	7	present	present	VERB
abr-6	67	8	four	four	NUM
abr-6	67	9	portfolio	portfolio	NOUN
abr-6	67	10	insurance	insurance	NOUN
abr-6	67	11	strategies	strategy	NOUN
abr-6	67	12	:	:	PUNCT
abr-6	67	13	buy	buy	VERB
abr-6	67	14	-	-	PUNCT
abr-6	67	15	and	and	CCONJ
abr-6	67	16	-	-	PUNCT
abr-6	67	17	hold	hold	VERB
abr-6	67	18	,	,	PUNCT
abr-6	67	19	constant	constant	ADJ
abr-6	67	20	mix	mix	NOUN
abr-6	67	21	,	,	PUNCT
abr-6	67	22	constant	constant	ADJ
abr-6	67	23	proportion	proportion	NOUN
abr-6	67	24	portfolio	portfolio	NOUN
abr-6	67	25	insurance	insurance	NOUN
abr-6	67	26	(	(	PUNCT
abr-6	67	27	cppi	cppi	NOUN
abr-6	67	28	)	)	PUNCT
abr-6	67	29	,	,	PUNCT
abr-6	67	30	and	and	CCONJ
abr-6	67	31	optionbased	optionbase	VERB
abr-6	67	32	portfolio	portfolio	NOUN
abr-6	67	33	insurance	insurance	NOUN
abr-6	67	34	.	.	PUNCT
abr-6	68	1	two	two	NUM
abr-6	68	2	decades	decade	NOUN
abr-6	68	3	later	later	ADV
abr-6	68	4	,	,	PUNCT
abr-6	68	5	dichtl	dichtl	NOUN
abr-6	68	6	and	and	CCONJ
abr-6	68	7	drobetz	drobetz	ADJ
abr-6	68	8	(	(	PUNCT
abr-6	68	9	2010	2010	NUM
abr-6	68	10	)	)	PUNCT
abr-6	68	11	point	point	VERB
abr-6	68	12	out	out	ADP
abr-6	68	13	the	the	DET
abr-6	68	14	continuing	continue	VERB
abr-6	68	15	popularity	popularity	NOUN
abr-6	68	16	of	of	ADP
abr-6	68	17	cppi	cppi	NOUN
abr-6	68	18	strategies	strategy	NOUN
abr-6	68	19	,	,	PUNCT
abr-6	68	20	despite	despite	SCONJ
abr-6	68	21	criticism	criticism	NOUN
abr-6	68	22	from	from	ADP
abr-6	68	23	the	the	DET
abr-6	68	24	academic	academic	ADJ
abr-6	68	25	community	community	NOUN
abr-6	68	26	.	.	PUNCT
abr-6	69	1	long	long	ADV
abr-6	69	2	-	-	PUNCT
abr-6	69	3	run	run	VERB
abr-6	69	4	risk	risk	NOUN
abr-6	69	5	of	of	ADP
abr-6	69	6	dynamic	dynamic	ADJ
abr-6	69	7	asset	asset	NOUN
abr-6	69	8	allocation	allocation	NOUN
abr-6	69	9	strategies	strategy	NOUN
abr-6	69	10	36	36	NUM
abr-6	69	11	risk	risk	NOUN
abr-6	69	12	measurement	measurement	NOUN
abr-6	69	13	variance	variance	NOUN
abr-6	69	14	and	and	CCONJ
abr-6	69	15	standard	standard	ADJ
abr-6	69	16	deviation	deviation	NOUN
abr-6	69	17	have	have	AUX
abr-6	69	18	long	long	ADV
abr-6	69	19	been	be	AUX
abr-6	69	20	presented	present	VERB
abr-6	69	21	in	in	ADP
abr-6	69	22	textbooks	textbook	NOUN
abr-6	69	23	as	as	ADP
abr-6	69	24	the	the	DET
abr-6	69	25	most	most	ADV
abr-6	69	26	commonly	commonly	ADV
abr-6	69	27	-	-	PUNCT
abr-6	69	28	used	use	VERB
abr-6	69	29	measures	measure	NOUN
abr-6	69	30	of	of	ADP
abr-6	69	31	total	total	ADJ
abr-6	69	32	risk	risk	NOUN
abr-6	69	33	.	.	PUNCT
abr-6	70	1	however	however	ADV
abr-6	70	2	,	,	PUNCT
abr-6	70	3	they	they	PRON
abr-6	70	4	are	be	AUX
abr-6	70	5	not	not	PART
abr-6	70	6	necessarily	necessarily	ADV
abr-6	70	7	the	the	DET
abr-6	70	8	best	good	ADJ
abr-6	70	9	measures	measure	NOUN
abr-6	70	10	.	.	PUNCT
abr-6	71	1	balzer	balzer	NOUN
abr-6	71	2	(	(	PUNCT
abr-6	71	3	1994	1994	NUM
abr-6	71	4	)	)	PUNCT
abr-6	71	5	lists	list	VERB
abr-6	71	6	several	several	ADJ
abr-6	71	7	undesirable	undesirable	ADJ
abr-6	71	8	events	event	NOUN
abr-6	71	9	that	that	PRON
abr-6	71	10	could	could	AUX
abr-6	71	11	imply	imply	VERB
abr-6	71	12	risk	risk	NOUN
abr-6	71	13	measures	measure	NOUN
abr-6	71	14	other	other	ADJ
abr-6	71	15	than	than	ADP
abr-6	71	16	variance	variance	NOUN
abr-6	71	17	are	be	AUX
abr-6	71	18	relevant	relevant	ADJ
abr-6	71	19	.	.	PUNCT
abr-6	72	1	this	this	DET
abr-6	72	2	list	list	NOUN
abr-6	72	3	,	,	PUNCT
abr-6	72	4	which	which	PRON
abr-6	72	5	he	he	PRON
abr-6	72	6	points	point	VERB
abr-6	72	7	out	out	ADP
abr-6	72	8	is	be	AUX
abr-6	72	9	non	non	ADJ
abr-6	72	10	-	-	ADJ
abr-6	72	11	exhaustive	exhaustive	ADJ
abr-6	72	12	,	,	PUNCT
abr-6	72	13	is	be	AUX
abr-6	72	14	dominated	dominate	VERB
abr-6	72	15	by	by	ADP
abr-6	72	16	shortfall	shortfall	NOUN
abr-6	72	17	situations	situation	NOUN
abr-6	72	18	such	such	ADJ
abr-6	72	19	as	as	ADP
abr-6	72	20	negative	negative	ADJ
abr-6	72	21	returns	return	NOUN
abr-6	72	22	or	or	CCONJ
abr-6	72	23	returns	return	NOUN
abr-6	72	24	less	less	ADJ
abr-6	72	25	than	than	ADP
abr-6	72	26	the	the	DET
abr-6	72	27	risk	risk	NOUN
abr-6	72	28	-	-	PUNCT
abr-6	72	29	free	free	ADJ
abr-6	72	30	rate	rate	NOUN
abr-6	72	31	.	.	PUNCT
abr-6	73	1	as	as	SCONJ
abr-6	73	2	further	further	ADJ
abr-6	73	3	support	support	NOUN
abr-6	73	4	for	for	ADP
abr-6	73	5	shortfall	shortfall	NOUN
abr-6	73	6	-	-	PUNCT
abr-6	73	7	based	base	VERB
abr-6	73	8	risk	risk	NOUN
abr-6	73	9	measures	measure	NOUN
abr-6	73	10	,	,	PUNCT
abr-6	73	11	tversky	tversky	NOUN
abr-6	73	12	(	(	PUNCT
abr-6	73	13	1990	1990	NUM
abr-6	73	14	)	)	PUNCT
abr-6	73	15	points	point	VERB
abr-6	73	16	out	out	ADP
abr-6	73	17	that	that	SCONJ
abr-6	73	18	losses	loss	NOUN
abr-6	73	19	loom	loom	VERB
abr-6	73	20	much	much	ADV
abr-6	73	21	larger	large	ADJ
abr-6	73	22	than	than	ADP
abr-6	73	23	gains	gain	NOUN
abr-6	73	24	in	in	ADP
abr-6	73	25	people	people	NOUN
abr-6	73	26	’s	’s	PART
abr-6	73	27	minds	mind	NOUN
abr-6	73	28	.	.	PUNCT
abr-6	74	1	if	if	SCONJ
abr-6	74	2	investors	investor	NOUN
abr-6	74	3	are	be	AUX
abr-6	74	4	more	more	ADV
abr-6	74	5	concerned	concerned	ADJ
abr-6	74	6	with	with	ADP
abr-6	74	7	downside	downside	ADJ
abr-6	74	8	variability	variability	NOUN
abr-6	74	9	than	than	ADP
abr-6	74	10	upside	upside	ADJ
abr-6	74	11	volatility	volatility	NOUN
abr-6	74	12	,	,	PUNCT
abr-6	74	13	this	this	PRON
abr-6	74	14	would	would	AUX
abr-6	74	15	suggest	suggest	VERB
abr-6	74	16	that	that	SCONJ
abr-6	74	17	one	one	PRON
abr-6	74	18	should	should	AUX
abr-6	74	19	consider	consider	VERB
abr-6	74	20	skewness	skewness	NOUN
abr-6	74	21	when	when	SCONJ
abr-6	74	22	examining	examine	VERB
abr-6	74	23	risk	risk	NOUN
abr-6	74	24	.	.	PUNCT
abr-6	75	1	models	model	NOUN
abr-6	75	2	which	which	PRON
abr-6	75	3	consider	consider	VERB
abr-6	75	4	skewness	skewness	NOUN
abr-6	75	5	include	include	VERB
abr-6	75	6	a	a	DET
abr-6	75	7	three	three	NUM
abr-6	75	8	-	-	PUNCT
abr-6	75	9	moment	moment	NOUN
abr-6	75	10	capm	capm	PROPN
abr-6	75	11	(	(	PUNCT
abr-6	75	12	kraus	kraus	PROPN
abr-6	75	13	and	and	CCONJ
abr-6	75	14	litzenberger	litzenberger	NOUN
abr-6	75	15	1976	1976	NUM
abr-6	75	16	)	)	PUNCT
abr-6	75	17	and	and	CCONJ
abr-6	75	18	the	the	DET
abr-6	75	19	mean	mean	ADJ
abr-6	75	20	-	-	PUNCT
abr-6	75	21	lower	low	ADJ
abr-6	75	22	partial	partial	ADJ
abr-6	75	23	moment	moment	NOUN
abr-6	75	24	capm	capm	PROPN
abr-6	75	25	(	(	PUNCT
abr-6	75	26	bawa	bawa	PROPN
abr-6	75	27	and	and	CCONJ
abr-6	75	28	lindenberg	lindenberg	PROPN
abr-6	75	29	1977	1977	NUM
abr-6	75	30	)	)	PUNCT
abr-6	75	31	.	.	PUNCT
abr-6	76	1	methodology	methodology	NOUN
abr-6	76	2	this	this	DET
abr-6	76	3	section	section	NOUN
abr-6	76	4	describes	describe	VERB
abr-6	76	5	the	the	DET
abr-6	76	6	historical	historical	ADJ
abr-6	76	7	simulation	simulation	NOUN
abr-6	76	8	methodology	methodology	NOUN
abr-6	76	9	used	use	VERB
abr-6	76	10	in	in	ADP
abr-6	76	11	this	this	DET
abr-6	76	12	study	study	NOUN
abr-6	76	13	as	as	ADV
abr-6	76	14	well	well	ADV
abr-6	76	15	as	as	ADP
abr-6	76	16	dynamic	dynamic	ADJ
abr-6	76	17	asset	asset	NOUN
abr-6	76	18	allocation	allocation	NOUN
abr-6	76	19	strategies	strategy	NOUN
abr-6	76	20	and	and	CCONJ
abr-6	76	21	expectations	expectation	NOUN
abr-6	76	22	.	.	PUNCT
abr-6	77	1	historical	historical	ADJ
abr-6	77	2	simulation	simulation	NOUN
abr-6	77	3	this	this	DET
abr-6	77	4	study	study	NOUN
abr-6	77	5	uses	use	VERB
abr-6	77	6	the	the	DET
abr-6	77	7	empirical	empirical	ADJ
abr-6	77	8	resampling	resample	VERB
abr-6	77	9	methodology	methodology	NOUN
abr-6	77	10	of	of	ADP
abr-6	77	11	butler	butler	NOUN
abr-6	77	12	and	and	CCONJ
abr-6	77	13	domian	domian	NOUN
abr-6	77	14	(	(	PUNCT
abr-6	77	15	1991	1991	NUM
abr-6	77	16	,	,	PUNCT
abr-6	77	17	1992	1992	NUM
abr-6	77	18	)	)	PUNCT
abr-6	77	19	to	to	PART
abr-6	77	20	simulate	simulate	VERB
abr-6	77	21	treasury	treasury	NOUN
abr-6	77	22	bill	bill	NOUN
abr-6	77	23	and	and	CCONJ
abr-6	77	24	common	common	ADJ
abr-6	77	25	stock	stock	NOUN
abr-6	77	26	returns	return	NOUN
abr-6	77	27	.	.	PUNCT
abr-6	78	1	the	the	DET
abr-6	78	2	steps	step	NOUN
abr-6	78	3	in	in	ADP
abr-6	78	4	the	the	DET
abr-6	78	5	empirical	empirical	ADJ
abr-6	78	6	resampling	resample	VERB
abr-6	78	7	procedure	procedure	NOUN
abr-6	78	8	are	be	AUX
abr-6	78	9	as	as	SCONJ
abr-6	78	10	follows	follow	VERB
abr-6	78	11	:	:	PUNCT
abr-6	78	12	1	1	X
abr-6	78	13	.	.	X
abr-6	78	14	randomly	randomly	ADV
abr-6	78	15	select	select	ADJ
abr-6	78	16	,	,	PUNCT
abr-6	78	17	with	with	ADP
abr-6	78	18	replacement	replacement	NOUN
abr-6	78	19	,	,	PUNCT
abr-6	78	20	600	600	NUM
abr-6	78	21	months	month	NOUN
abr-6	78	22	from	from	ADP
abr-6	78	23	the	the	DET
abr-6	78	24	sample	sample	NOUN
abr-6	78	25	period	period	NOUN
abr-6	78	26	,	,	PUNCT
abr-6	78	27	in	in	ADP
abr-6	78	28	this	this	DET
abr-6	78	29	study	study	NOUN
abr-6	78	30	january	january	PROPN
abr-6	78	31	1926	1926	NUM
abr-6	78	32	through	through	ADP
abr-6	78	33	december	december	PROPN
abr-6	78	34	2009	2009	NUM
abr-6	78	35	.	.	PUNCT
abr-6	79	1	2	2	X
abr-6	79	2	.	.	X
abr-6	79	3	obtain	obtain	VERB
abr-6	79	4	the	the	DET
abr-6	79	5	return	return	NOUN
abr-6	79	6	for	for	ADP
abr-6	79	7	each	each	PRON
abr-6	79	8	of	of	ADP
abr-6	79	9	these	these	DET
abr-6	79	10	months	month	NOUN
abr-6	79	11	for	for	ADP
abr-6	79	12	each	each	DET
abr-6	79	13	asset	asset	NOUN
abr-6	79	14	category	category	NOUN
abr-6	79	15	3	3	NUM
abr-6	79	16	.	.	PUNCT
abr-6	80	1	use	use	VERB
abr-6	80	2	the	the	DET
abr-6	80	3	returns	return	NOUN
abr-6	80	4	from	from	ADP
abr-6	80	5	step	step	NOUN
abr-6	80	6	2	2	NUM
abr-6	80	7	to	to	PART
abr-6	80	8	calculate	calculate	VERB
abr-6	80	9	wealth	wealth	NOUN
abr-6	80	10	relatives	relative	NOUN
abr-6	80	11	for	for	ADP
abr-6	80	12	600	600	NUM
abr-6	80	13	months	month	NOUN
abr-6	80	14	.	.	PUNCT
abr-6	81	1	4	4	X
abr-6	81	2	.	.	X
abr-6	81	3	repeat	repeat	VERB
abr-6	81	4	the	the	DET
abr-6	81	5	first	first	ADJ
abr-6	81	6	three	three	NUM
abr-6	81	7	steps	step	NOUN
abr-6	81	8	9,999	9,999	NUM
abr-6	81	9	more	more	ADJ
abr-6	81	10	times	time	NOUN
abr-6	81	11	to	to	PART
abr-6	81	12	generate	generate	VERB
abr-6	81	13	distributions	distribution	NOUN
abr-6	81	14	of	of	ADP
abr-6	81	15	the	the	DET
abr-6	81	16	wealth	wealth	NOUN
abr-6	81	17	relatives	relative	NOUN
abr-6	81	18	.	.	PUNCT
abr-6	82	1	thus	thus	ADV
abr-6	82	2	,	,	PUNCT
abr-6	82	3	the	the	DET
abr-6	82	4	simulation	simulation	NOUN
abr-6	82	5	uses	use	VERB
abr-6	82	6	10,000	10,000	NUM
abr-6	82	7	series	series	NOUN
abr-6	82	8	of	of	ADP
abr-6	82	9	600	600	NUM
abr-6	82	10	simulated	simulate	VERB
abr-6	82	11	monthly	monthly	ADJ
abr-6	82	12	returns	return	NOUN
abr-6	82	13	.	.	PUNCT
abr-6	83	1	to	to	PART
abr-6	83	2	better	well	ADV
abr-6	83	3	identify	identify	VERB
abr-6	83	4	the	the	DET
abr-6	83	5	effects	effect	NOUN
abr-6	83	6	of	of	ADP
abr-6	83	7	the	the	DET
abr-6	83	8	choice	choice	NOUN
abr-6	83	9	of	of	ADP
abr-6	83	10	strategy	strategy	NOUN
abr-6	83	11	,	,	PUNCT
abr-6	83	12	floor	floor	NOUN
abr-6	83	13	percentage	percentage	NOUN
abr-6	83	14	,	,	PUNCT
abr-6	83	15	and	and	CCONJ
abr-6	83	16	risk	risk	NOUN
abr-6	83	17	measure	measure	NOUN
abr-6	83	18	on	on	ADP
abr-6	83	19	the	the	DET
abr-6	83	20	results	result	NOUN
abr-6	83	21	,	,	PUNCT
abr-6	83	22	the	the	DET
abr-6	83	23	same	same	ADJ
abr-6	83	24	10,000	10,000	NUM
abr-6	83	25	series	serie	NOUN
abr-6	83	26	are	be	AUX
abr-6	83	27	used	use	VERB
abr-6	83	28	for	for	ADP
abr-6	83	29	each	each	DET
abr-6	83	30	strategy	strategy	NOUN
abr-6	83	31	,	,	PUNCT
abr-6	83	32	floor	floor	NOUN
abr-6	83	33	percentage	percentage	NOUN
abr-6	83	34	,	,	PUNCT
abr-6	83	35	and	and	CCONJ
abr-6	83	36	risk	risk	NOUN
abr-6	83	37	measure	measure	NOUN
abr-6	83	38	.	.	PUNCT
abr-6	84	1	although	although	SCONJ
abr-6	84	2	this	this	DET
abr-6	84	3	procedure	procedure	NOUN
abr-6	84	4	generates	generate	VERB
abr-6	84	5	wealth	wealth	NOUN
abr-6	84	6	relatives	relative	NOUN
abr-6	84	7	for	for	ADP
abr-6	84	8	periods	period	NOUN
abr-6	84	9	as	as	ADV
abr-6	84	10	long	long	ADJ
abr-6	84	11	as	as	ADP
abr-6	84	12	50	50	NUM
abr-6	84	13	years	year	NOUN
abr-6	84	14	,	,	PUNCT
abr-6	84	15	the	the	DET
abr-6	84	16	study	study	NOUN
abr-6	84	17	will	will	AUX
abr-6	84	18	focus	focus	VERB
abr-6	84	19	on	on	ADP
abr-6	84	20	the	the	DET
abr-6	84	21	results	result	NOUN
abr-6	84	22	for	for	ADP
abr-6	84	23	10-	10-	NUM
abr-6	84	24	,	,	PUNCT
abr-6	84	25	20-	20-	PROPN
abr-6	84	26	,	,	PUNCT
abr-6	84	27	and	and	CCONJ
abr-6	84	28	30	30	NUM
abr-6	84	29	-	-	PUNCT
abr-6	84	30	year	year	NOUN
abr-6	84	31	periods	period	NOUN
abr-6	84	32	.	.	PUNCT
abr-6	85	1	the	the	DET
abr-6	85	2	common	common	ADJ
abr-6	85	3	stock	stock	NOUN
abr-6	85	4	and	and	CCONJ
abr-6	85	5	treasury	treasury	PROPN
abr-6	85	6	bill	bill	NOUN
abr-6	85	7	returns	return	NOUN
abr-6	85	8	used	use	VERB
abr-6	85	9	in	in	ADP
abr-6	85	10	this	this	DET
abr-6	85	11	study	study	NOUN
abr-6	85	12	are	be	AUX
abr-6	85	13	the	the	DET
abr-6	85	14	monthly	monthly	ADJ
abr-6	85	15	large	large	ADJ
abr-6	85	16	-	-	PUNCT
abr-6	85	17	company	company	NOUN
abr-6	85	18	common	common	ADJ
abr-6	85	19	stock	stock	NOUN
abr-6	85	20	and	and	CCONJ
abr-6	85	21	30	30	NUM
abr-6	85	22	-	-	PUNCT
abr-6	85	23	day	day	NOUN
abr-6	85	24	treasury	treasury	NOUN
abr-6	85	25	bill	bill	NOUN
abr-6	85	26	returns	return	VERB
abr-6	85	27	from	from	ADP
abr-6	85	28	morningstar	morningstar	PROPN
abr-6	85	29	/	/	SYM
abr-6	85	30	ibbotson	ibbotson	PROPN
abr-6	85	31	associates	associates	PROPN
abr-6	85	32	.	.	PUNCT
abr-6	86	1	dynamic	dynamic	ADJ
abr-6	86	2	asset	asset	NOUN
abr-6	86	3	allocation	allocation	NOUN
abr-6	86	4	strategies	strategy	NOUN
abr-6	86	5	the	the	DET
abr-6	86	6	constant	constant	ADJ
abr-6	86	7	mix	mix	NOUN
abr-6	86	8	strategy	strategy	NOUN
abr-6	86	9	specifies	specify	VERB
abr-6	86	10	an	an	DET
abr-6	86	11	initial	initial	ADJ
abr-6	86	12	common	common	ADJ
abr-6	86	13	stock	stock	NOUN
abr-6	86	14	/	/	SYM
abr-6	86	15	treasury	treasury	NOUN
abr-6	86	16	bill	bill	NOUN
abr-6	86	17	allocation	allocation	NOUN
abr-6	86	18	and	and	CCONJ
abr-6	86	19	rebalances	rebalance	VERB
abr-6	86	20	the	the	DET
abr-6	86	21	portfolio	portfolio	NOUN
abr-6	86	22	each	each	DET
abr-6	86	23	period	period	NOUN
abr-6	86	24	that	that	PRON
abr-6	86	25	the	the	DET
abr-6	86	26	common	common	ADJ
abr-6	86	27	stock	stock	NOUN
abr-6	86	28	and	and	CCONJ
abr-6	86	29	treasury	treasury	PROPN
abr-6	86	30	bill	bill	NOUN
abr-6	86	31	returns	return	NOUN
abr-6	86	32	were	be	AUX
abr-6	86	33	not	not	PART
abr-6	86	34	equal	equal	ADJ
abr-6	86	35	.	.	PUNCT
abr-6	87	1	thus	thus	ADV
abr-6	87	2	,	,	PUNCT
abr-6	87	3	the	the	DET
abr-6	87	4	portfolio	portfolio	NOUN
abr-6	87	5	return	return	VERB
abr-6	87	6	in	in	ADP
abr-6	87	7	any	any	DET
abr-6	87	8	given	give	VERB
abr-6	87	9	month	month	NOUN
abr-6	87	10	i	i	PROPN
abr-6	87	11	,	,	PUNCT
abr-6	87	12	rip	rip	VERB
abr-6	87	13	,	,	PUNCT
abr-6	87	14	is	be	AUX
abr-6	87	15	:	:	PUNCT
abr-6	87	16	r)x1(rxr	r)x1(rxr	NUM
abr-6	87	17	itbcsicscsip	itbcsicscsip	NOUN
abr-6	87	18			PRON
abr-6	87	19	(	(	PUNCT
abr-6	87	20	1	1	NUM
abr-6	87	21	)	)	PUNCT
abr-6	87	22	where	where	SCONJ
abr-6	87	23	xcs	xcs	NOUN
abr-6	87	24	=	=	PROPN
abr-6	87	25	weight	weight	NOUN
abr-6	87	26	of	of	ADP
abr-6	87	27	the	the	DET
abr-6	87	28	portfolio	portfolio	NOUN
abr-6	87	29	invested	invest	VERB
abr-6	87	30	in	in	ADP
abr-6	87	31	the	the	DET
abr-6	87	32	common	common	ADJ
abr-6	87	33	stock	stock	NOUN
abr-6	87	34	index	index	NOUN
abr-6	87	35	rics	ric	NOUN
abr-6	87	36	=	=	PUNCT
abr-6	87	37	return	return	NOUN
abr-6	87	38	on	on	ADP
abr-6	87	39	the	the	DET
abr-6	87	40	common	common	ADJ
abr-6	87	41	stock	stock	NOUN
abr-6	87	42	index	index	NOUN
abr-6	87	43	in	in	ADP
abr-6	87	44	period	period	NOUN
abr-6	87	45	i	i	PRON
abr-6	87	46	ritb	ritb	NOUN
abr-6	87	47	=	=	NOUN
abr-6	87	48	return	return	NOUN
abr-6	87	49	on	on	ADP
abr-6	87	50	treasury	treasury	PROPN
abr-6	87	51	bills	bill	NOUN
abr-6	87	52	in	in	ADP
abr-6	87	53	period	period	NOUN
abr-6	88	1	i	i	PRON
abr-6	88	2	this	this	DET
abr-6	88	3	study	study	NOUN
abr-6	88	4	implements	implement	VERB
abr-6	88	5	the	the	DET
abr-6	88	6	constant	constant	ADJ
abr-6	88	7	mix	mix	NOUN
abr-6	88	8	strategy	strategy	NOUN
abr-6	88	9	by	by	ADP
abr-6	88	10	creating	create	VERB
abr-6	88	11	a	a	DET
abr-6	88	12	file	file	NOUN
abr-6	88	13	of	of	ADP
abr-6	88	14	returns	return	NOUN
abr-6	88	15	for	for	ADP
abr-6	88	16	each	each	DET
abr-6	88	17	month	month	NOUN
abr-6	88	18	from	from	ADP
abr-6	88	19	howe	howe	PROPN
abr-6	88	20	&	&	CCONJ
abr-6	88	21	pope	pope	PROPN
abr-6	88	22	37	37	NUM
abr-6	88	23	january	january	PROPN
abr-6	88	24	1926	1926	NUM
abr-6	88	25	through	through	ADP
abr-6	88	26	december	december	PROPN
abr-6	88	27	2009	2009	NUM
abr-6	88	28	for	for	ADP
abr-6	88	29	each	each	DET
abr-6	88	30	weight	weight	NOUN
abr-6	88	31	of	of	ADP
abr-6	88	32	common	common	ADJ
abr-6	88	33	stocks	stock	NOUN
abr-6	88	34	used	use	VERB
abr-6	88	35	in	in	ADP
abr-6	88	36	this	this	DET
abr-6	88	37	study	study	NOUN
abr-6	88	38	.	.	PUNCT
abr-6	89	1	in	in	ADP
abr-6	89	2	addition	addition	NOUN
abr-6	89	3	to	to	ADP
abr-6	89	4	examining	examine	VERB
abr-6	89	5	the	the	DET
abr-6	89	6	performance	performance	NOUN
abr-6	89	7	of	of	ADP
abr-6	89	8	100	100	NUM
abr-6	89	9	percent	percent	NOUN
abr-6	89	10	stock	stock	NOUN
abr-6	89	11	and	and	CCONJ
abr-6	89	12	100	100	NUM
abr-6	89	13	percent	percent	NOUN
abr-6	89	14	treasury	treasury	NOUN
abr-6	89	15	bill	bill	NOUN
abr-6	89	16	portfolios	portfolio	NOUN
abr-6	89	17	,	,	PUNCT
abr-6	89	18	this	this	DET
abr-6	89	19	study	study	NOUN
abr-6	89	20	examines	examine	VERB
abr-6	89	21	the	the	DET
abr-6	89	22	performance	performance	NOUN
abr-6	89	23	of	of	ADP
abr-6	89	24	portfolios	portfolio	NOUN
abr-6	89	25	containing	contain	VERB
abr-6	89	26	the	the	DET
abr-6	89	27	following	follow	VERB
abr-6	89	28	proportions	proportion	NOUN
abr-6	89	29	of	of	ADP
abr-6	89	30	common	common	ADJ
abr-6	89	31	stock	stock	NOUN
abr-6	89	32	:	:	PUNCT
abr-6	89	33	0.05	0.05	NUM
abr-6	89	34	,	,	PUNCT
abr-6	89	35	0.10	0.10	NUM
abr-6	89	36	,	,	PUNCT
abr-6	89	37	0.20	0.20	NUM
abr-6	89	38	,	,	PUNCT
abr-6	89	39	0.30	0.30	NUM
abr-6	89	40	,	,	PUNCT
abr-6	89	41	0.40	0.40	NUM
abr-6	89	42	,	,	PUNCT
abr-6	89	43	0.50	0.50	NUM
abr-6	89	44	,	,	PUNCT
abr-6	89	45	0.60	0.60	NUM
abr-6	89	46	,	,	PUNCT
abr-6	89	47	0.70	0.70	NUM
abr-6	89	48	,	,	PUNCT
abr-6	89	49	0.80	0.80	NUM
abr-6	89	50	,	,	PUNCT
abr-6	89	51	and	and	CCONJ
abr-6	89	52	0.90	0.90	NUM
abr-6	89	53	,	,	PUNCT
abr-6	89	54	which	which	PRON
abr-6	89	55	imply	imply	VERB
abr-6	89	56	floor	floor	NOUN
abr-6	89	57	proportions	proportion	NOUN
abr-6	89	58	of	of	ADP
abr-6	89	59	0.95	0.95	NUM
abr-6	89	60	,	,	PUNCT
abr-6	89	61	0.90	0.90	NUM
abr-6	89	62	,	,	PUNCT
abr-6	89	63	0.80	0.80	NUM
abr-6	89	64	,	,	PUNCT
abr-6	89	65	0.70	0.70	NUM
abr-6	89	66	,	,	PUNCT
abr-6	89	67	0.60	0.60	NUM
abr-6	89	68	,	,	PUNCT
abr-6	89	69	0.50	0.50	NUM
abr-6	89	70	,	,	PUNCT
abr-6	89	71	0.40	0.40	NUM
abr-6	89	72	,	,	PUNCT
abr-6	89	73	0.30	0.30	NUM
abr-6	89	74	,	,	PUNCT
abr-6	89	75	0.20	0.20	NUM
abr-6	89	76	,	,	PUNCT
abr-6	89	77	and	and	CCONJ
abr-6	89	78	0.10	0.10	NUM
abr-6	89	79	,	,	PUNCT
abr-6	89	80	respectively	respectively	ADV
abr-6	89	81	.	.	PUNCT
abr-6	90	1	thus	thus	ADV
abr-6	90	2	,	,	PUNCT
abr-6	90	3	this	this	DET
abr-6	90	4	study	study	NOUN
abr-6	90	5	creates	create	VERB
abr-6	90	6	ten	ten	NUM
abr-6	90	7	such	such	ADJ
abr-6	90	8	return	return	NOUN
abr-6	90	9	files	file	NOUN
abr-6	90	10	to	to	PART
abr-6	90	11	sample	sample	VERB
abr-6	90	12	from	from	ADP
abr-6	90	13	in	in	ADP
abr-6	90	14	the	the	DET
abr-6	90	15	simulation	simulation	NOUN
abr-6	90	16	.	.	PUNCT
abr-6	91	1	the	the	DET
abr-6	91	2	buy	buy	NOUN
abr-6	91	3	and	and	CCONJ
abr-6	91	4	hold	hold	VERB
abr-6	91	5	strategy	strategy	NOUN
abr-6	91	6	assumes	assume	VERB
abr-6	91	7	a	a	DET
abr-6	91	8	specified	specified	ADJ
abr-6	91	9	initial	initial	ADJ
abr-6	91	10	weight	weight	NOUN
abr-6	91	11	of	of	ADP
abr-6	91	12	common	common	ADJ
abr-6	91	13	stocks	stock	NOUN
abr-6	91	14	but	but	CCONJ
abr-6	91	15	no	no	DET
abr-6	91	16	rebalancing	rebalancing	NOUN
abr-6	91	17	.	.	PUNCT
abr-6	92	1	therefore	therefore	ADV
abr-6	92	2	,	,	PUNCT
abr-6	92	3	the	the	DET
abr-6	92	4	wealth	wealth	NOUN
abr-6	92	5	relative	relative	NOUN
abr-6	92	6	,	,	PUNCT
abr-6	92	7	that	that	ADV
abr-6	92	8	is	is	ADV
abr-6	92	9	,	,	PUNCT
abr-6	92	10	the	the	DET
abr-6	92	11	ending	end	VERB
abr-6	92	12	wealth	wealth	NOUN
abr-6	92	13	per	per	ADP
abr-6	92	14	dollar	dollar	NOUN
abr-6	92	15	initially	initially	ADV
abr-6	92	16	invested	invest	VERB
abr-6	92	17	,	,	PUNCT
abr-6	92	18	after	after	ADP
abr-6	92	19	n	n	DET
abr-6	92	20	periods	period	NOUN
abr-6	92	21	,	,	PUNCT
abr-6	92	22	wnp	wnp	PROPN
abr-6	92	23	,	,	PUNCT
abr-6	92	24	is	be	AUX
abr-6	92	25	:	:	PUNCT
abr-6	92	26	w)x1(wxw	w)x1(wxw	ADP
abr-6	92	27	ntbcsncscsnp	ntbcsncscsnp	ADJ
abr-6	92	28			X
abr-6	92	29	(	(	PUNCT
abr-6	92	30	2	2	NUM
abr-6	92	31	)	)	PUNCT
abr-6	92	32	where	where	SCONJ
abr-6	92	33	xcs	xcs	NOUN
abr-6	92	34	=	=	PROPN
abr-6	92	35	weight	weight	NOUN
abr-6	92	36	of	of	ADP
abr-6	92	37	the	the	DET
abr-6	92	38	portfolio	portfolio	NOUN
abr-6	92	39	initially	initially	ADV
abr-6	92	40	invested	invest	VERB
abr-6	92	41	in	in	ADP
abr-6	92	42	the	the	DET
abr-6	92	43	common	common	ADJ
abr-6	92	44	stock	stock	NOUN
abr-6	92	45	index	index	NOUN
abr-6	92	46	wncs	wnc	VERB
abr-6	93	1	=	=	PUNCT
abr-6	93	2	wealth	wealth	NOUN
abr-6	93	3	relative	relative	ADJ
abr-6	93	4	on	on	ADP
abr-6	93	5	the	the	DET
abr-6	93	6	common	common	ADJ
abr-6	93	7	stock	stock	NOUN
abr-6	93	8	index	index	NOUN
abr-6	93	9	in	in	ADP
abr-6	93	10	period	period	NOUN
abr-6	93	11	n	n	PRON
abr-6	93	12	wntb	wntb	NOUN
abr-6	93	13	=	=	SYM
abr-6	94	1	wealth	wealth	NOUN
abr-6	94	2	relative	relative	ADJ
abr-6	94	3	on	on	ADP
abr-6	94	4	treasury	treasury	PROPN
abr-6	94	5	bills	bill	NOUN
abr-6	94	6	in	in	ADP
abr-6	94	7	period	period	NOUN
abr-6	94	8	n.	n.	NOUN
abr-6	94	9	this	this	DET
abr-6	94	10	study	study	NOUN
abr-6	94	11	uses	use	VERB
abr-6	94	12	the	the	DET
abr-6	94	13	same	same	ADJ
abr-6	94	14	initial	initial	ADJ
abr-6	94	15	weights	weight	NOUN
abr-6	94	16	for	for	ADP
abr-6	94	17	the	the	DET
abr-6	94	18	buy	buy	NOUN
abr-6	94	19	and	and	CCONJ
abr-6	94	20	hold	hold	VERB
abr-6	94	21	strategy	strategy	NOUN
abr-6	94	22	as	as	ADP
abr-6	94	23	for	for	ADP
abr-6	94	24	the	the	DET
abr-6	94	25	constant	constant	ADJ
abr-6	94	26	mix	mix	NOUN
abr-6	94	27	strategy	strategy	NOUN
abr-6	94	28	.	.	PUNCT
abr-6	95	1	for	for	ADP
abr-6	95	2	the	the	DET
abr-6	95	3	cppi	cppi	NOUN
abr-6	95	4	strategy	strategy	NOUN
abr-6	95	5	,	,	PUNCT
abr-6	95	6	the	the	DET
abr-6	95	7	dollar	dollar	NOUN
abr-6	95	8	amount	amount	NOUN
abr-6	95	9	allocated	allocate	VERB
abr-6	95	10	to	to	ADP
abr-6	95	11	common	common	ADJ
abr-6	95	12	stocks	stock	NOUN
abr-6	95	13	as	as	ADP
abr-6	95	14	of	of	ADP
abr-6	95	15	period	period	NOUN
abr-6	95	16	n	n	CCONJ
abr-6	95	17	,	,	PUNCT
abr-6	95	18	dncs	dnc	NOUN
abr-6	95	19	,	,	PUNCT
abr-6	95	20	is	be	AUX
abr-6	95	21	calculated	calculate	VERB
abr-6	95	22	as	as	ADP
abr-6	95	23	)	)	PUNCT
abr-6	95	24	]	]	PUNCT
abr-6	95	25	r1(fw[md	r1(fw[md	NOUN
abr-6	95	26	itb	itb	NOUN
abr-6	95	27	n	n	NOUN
abr-6	95	28	1i	1i	NOUN
abr-6	95	29	0npncs	0npncs	NUM
abr-6	96	1			NUM
abr-6	96	2			NUM
abr-6	96	3			NUM
abr-6	96	4	(	(	PUNCT
abr-6	96	5	3	3	NUM
abr-6	96	6	)	)	PUNCT
abr-6	96	7	where	where	SCONJ
abr-6	96	8	m	m	NOUN
abr-6	96	9	=	=	VERB
abr-6	96	10	cppi	cppi	NOUN
abr-6	96	11	multiplier	multipli	ADJ
abr-6	96	12	f0	f0	PROPN
abr-6	96	13	=	=	PUNCT
abr-6	96	14	initial	initial	ADJ
abr-6	96	15	floor	floor	NOUN
abr-6	96	16	value	value	NOUN
abr-6	96	17	of	of	ADP
abr-6	96	18	the	the	DET
abr-6	96	19	portfolio	portfolio	NOUN
abr-6	96	20	the	the	DET
abr-6	96	21	multiplier	multipli	ADJ
abr-6	96	22	for	for	ADP
abr-6	96	23	a	a	DET
abr-6	96	24	typical	typical	ADJ
abr-6	96	25	cppi	cppi	NOUN
abr-6	96	26	strategy	strategy	NOUN
abr-6	96	27	is	be	AUX
abr-6	96	28	greater	great	ADJ
abr-6	96	29	than	than	ADP
abr-6	96	30	1	1	NUM
abr-6	96	31	.	.	PUNCT
abr-6	97	1	the	the	PRON
abr-6	97	2	greater	great	ADJ
abr-6	97	3	the	the	DET
abr-6	97	4	multiplier	multipli	ADJ
abr-6	97	5	or	or	CCONJ
abr-6	97	6	the	the	PRON
abr-6	97	7	lower	low	ADJ
abr-6	97	8	the	the	DET
abr-6	97	9	floor	floor	NOUN
abr-6	97	10	the	the	DET
abr-6	97	11	more	more	ADV
abr-6	97	12	aggressive	aggressive	ADJ
abr-6	97	13	the	the	DET
abr-6	97	14	strategy	strategy	NOUN
abr-6	97	15	.	.	PUNCT
abr-6	98	1	if	if	SCONJ
abr-6	98	2	the	the	DET
abr-6	98	3	common	common	ADJ
abr-6	98	4	stock	stock	NOUN
abr-6	98	5	index	index	NOUN
abr-6	98	6	drops	drop	VERB
abr-6	98	7	by	by	ADP
abr-6	98	8	a	a	DET
abr-6	98	9	proportion	proportion	NOUN
abr-6	98	10	greater	great	ADJ
abr-6	98	11	than	than	ADP
abr-6	98	12	1	1	NUM
abr-6	98	13	/	/	SYM
abr-6	98	14	m	m	VERB
abr-6	98	15	in	in	ADP
abr-6	98	16	one	one	NUM
abr-6	98	17	period	period	NOUN
abr-6	98	18	the	the	DET
abr-6	98	19	strategy	strategy	NOUN
abr-6	98	20	fails	fail	VERB
abr-6	98	21	in	in	ADP
abr-6	98	22	that	that	SCONJ
abr-6	98	23	the	the	DET
abr-6	98	24	value	value	NOUN
abr-6	98	25	of	of	ADP
abr-6	98	26	the	the	DET
abr-6	98	27	portfolio	portfolio	NOUN
abr-6	98	28	drops	drop	VERB
abr-6	98	29	below	below	ADP
abr-6	98	30	the	the	DET
abr-6	98	31	floor	floor	NOUN
abr-6	98	32	.	.	PUNCT
abr-6	99	1	in	in	ADP
abr-6	99	2	such	such	DET
abr-6	99	3	a	a	DET
abr-6	99	4	case	case	NOUN
abr-6	99	5	,	,	PUNCT
abr-6	99	6	this	this	DET
abr-6	99	7	study	study	NOUN
abr-6	99	8	assumes	assume	VERB
abr-6	99	9	the	the	DET
abr-6	99	10	entire	entire	ADJ
abr-6	99	11	portfolio	portfolio	NOUN
abr-6	99	12	is	be	AUX
abr-6	99	13	invested	invest	VERB
abr-6	99	14	in	in	ADP
abr-6	99	15	treasury	treasury	NOUN
abr-6	99	16	bills	bill	NOUN
abr-6	99	17	.	.	PUNCT
abr-6	100	1	in	in	ADP
abr-6	100	2	this	this	DET
abr-6	100	3	study	study	NOUN
abr-6	100	4	leveraging	leverage	VERB
abr-6	100	5	is	be	AUX
abr-6	100	6	not	not	PART
abr-6	100	7	allowed	allow	VERB
abr-6	100	8	;	;	PUNCT
abr-6	100	9	therefore	therefore	ADV
abr-6	100	10	,	,	PUNCT
abr-6	100	11	in	in	ADP
abr-6	100	12	this	this	DET
abr-6	100	13	study	study	NOUN
abr-6	100	14	,	,	PUNCT
abr-6	100	15	dncs	dncs	PROPN
abr-6	100	16	is	be	AUX
abr-6	100	17	the	the	DET
abr-6	100	18	lesser	less	ADJ
abr-6	100	19	of	of	ADP
abr-6	100	20	wnp	wnp	NOUN
abr-6	100	21	or	or	CCONJ
abr-6	100	22	the	the	DET
abr-6	100	23	result	result	NOUN
abr-6	100	24	from	from	ADP
abr-6	100	25	equation	equation	NOUN
abr-6	100	26	(	(	PUNCT
abr-6	100	27	3	3	NUM
abr-6	100	28	)	)	PUNCT
abr-6	100	29	.	.	PUNCT
abr-6	101	1	the	the	DET
abr-6	101	2	implementation	implementation	NOUN
abr-6	101	3	of	of	ADP
abr-6	101	4	cppi	cppi	NOUN
abr-6	101	5	strategies	strategy	NOUN
abr-6	101	6	in	in	ADP
abr-6	101	7	this	this	DET
abr-6	101	8	study	study	NOUN
abr-6	101	9	involves	involve	VERB
abr-6	101	10	a	a	DET
abr-6	101	11	simulation	simulation	NOUN
abr-6	101	12	with	with	ADP
abr-6	101	13	the	the	DET
abr-6	101	14	following	follow	VERB
abr-6	101	15	steps	step	NOUN
abr-6	101	16	for	for	ADP
abr-6	101	17	each	each	DET
abr-6	101	18	period	period	NOUN
abr-6	101	19	t	t	PROPN
abr-6	101	20	:	:	PUNCT
abr-6	101	21	1	1	NUM
abr-6	101	22	.	.	X
abr-6	102	1	as	as	ADP
abr-6	102	2	of	of	ADP
abr-6	102	3	the	the	DET
abr-6	102	4	beginning	beginning	NOUN
abr-6	102	5	of	of	ADP
abr-6	102	6	period	period	NOUN
abr-6	102	7	t	t	NOUN
abr-6	102	8	calculate	calculate	VERB
abr-6	102	9	wt−1p	wt−1p	NOUN
abr-6	102	10	and	and	CCONJ
abr-6	102	11	dtcs	dtcs	NOUN
abr-6	102	12	.	.	PUNCT
abr-6	103	1	2	2	X
abr-6	103	2	.	.	X
abr-6	103	3	calculate	calculate	VERB
abr-6	103	4	the	the	DET
abr-6	103	5	weights	weight	NOUN
abr-6	103	6	of	of	ADP
abr-6	103	7	common	common	ADJ
abr-6	103	8	stocks	stock	NOUN
abr-6	103	9	and	and	CCONJ
abr-6	103	10	treasury	treasury	NOUN
abr-6	103	11	bills	bill	NOUN
abr-6	103	12	as	as	ADP
abr-6	103	13	dtcs	dtcs	NOUN
abr-6	103	14	/	/	SYM
abr-6	103	15	wt−1p	wt−1p	PROPN
abr-6	103	16	and	and	CCONJ
abr-6	103	17	1−dtcs	1−dtcs	NUM
abr-6	103	18	/	/	SYM
abr-6	103	19	wt−1p	wt−1p	NOUN
abr-6	103	20	,	,	PUNCT
abr-6	103	21	respectively	respectively	ADV
abr-6	103	22	.	.	PUNCT
abr-6	104	1	3	3	X
abr-6	104	2	.	.	X
abr-6	104	3	applying	apply	VERB
abr-6	104	4	these	these	DET
abr-6	104	5	weights	weight	NOUN
abr-6	104	6	to	to	ADP
abr-6	104	7	the	the	DET
abr-6	104	8	returns	return	NOUN
abr-6	104	9	on	on	ADP
abr-6	104	10	common	common	ADJ
abr-6	104	11	stocks	stock	NOUN
abr-6	104	12	(	(	PUNCT
abr-6	104	13	xtcs	xtcs	NOUN
abr-6	104	14	)	)	PUNCT
abr-6	104	15	and	and	CCONJ
abr-6	104	16	treasury	treasury	PROPN
abr-6	104	17	bills	bill	NOUN
abr-6	104	18	(	(	PUNCT
abr-6	104	19	1−xtcs	1−xtcs	NOUN
abr-6	104	20	)	)	PUNCT
abr-6	104	21	,	,	PUNCT
abr-6	104	22	respectively	respectively	ADV
abr-6	104	23	,	,	PUNCT
abr-6	104	24	for	for	ADP
abr-6	104	25	period	period	NOUN
abr-6	104	26	t	t	NOUN
abr-6	104	27	,	,	PUNCT
abr-6	104	28	calculate	calculate	VERB
abr-6	104	29	the	the	DET
abr-6	104	30	return	return	NOUN
abr-6	104	31	on	on	ADP
abr-6	104	32	the	the	DET
abr-6	104	33	portfolio	portfolio	NOUN
abr-6	104	34	,	,	PUNCT
abr-6	104	35	rtp	rtp	PROPN
abr-6	104	36	,	,	PUNCT
abr-6	104	37	as	as	ADP
abr-6	104	38	rtp	rtp	PROPN
abr-6	104	39	=	=	SYM
abr-6	105	1	xtcsrtcs	xtcsrtcs	PROPN
abr-6	106	1	+	+	CCONJ
abr-6	106	2	(	(	PUNCT
abr-6	106	3	1−xtcs)rttb	1−xtcs)rttb	NUM
abr-6	106	4	4	4	NUM
abr-6	106	5	.	.	PUNCT
abr-6	106	6	calculate	calculate	VERB
abr-6	106	7	the	the	DET
abr-6	106	8	wealth	wealth	NOUN
abr-6	106	9	relative	relative	NOUN
abr-6	106	10	for	for	ADP
abr-6	106	11	the	the	DET
abr-6	106	12	end	end	NOUN
abr-6	106	13	of	of	ADP
abr-6	106	14	period	period	NOUN
abr-6	106	15	t	t	PROPN
abr-6	106	16	as	as	ADP
abr-6	106	17	wt−1p	wt−1p	PROPN
abr-6	106	18	(	(	PUNCT
abr-6	106	19	1+rtp	1+rtp	NUM
abr-6	106	20	)	)	PUNCT
abr-6	106	21	.	.	PUNCT
abr-6	107	1	this	this	DET
abr-6	107	2	study	study	NOUN
abr-6	107	3	uses	use	VERB
abr-6	107	4	cppi	cppi	NOUN
abr-6	107	5	multipliers	multiplier	NOUN
abr-6	107	6	of	of	ADP
abr-6	107	7	1.5	1.5	NUM
abr-6	107	8	and	and	CCONJ
abr-6	107	9	2.0	2.0	NUM
abr-6	107	10	and	and	CCONJ
abr-6	107	11	floor	floor	NOUN
abr-6	107	12	proportions	proportion	NOUN
abr-6	107	13	of	of	ADP
abr-6	107	14	0.10	0.10	NUM
abr-6	107	15	,	,	PUNCT
abr-6	107	16	0.20	0.20	NUM
abr-6	107	17	,	,	PUNCT
abr-6	107	18	0.30	0.30	NUM
abr-6	107	19	,	,	PUNCT
abr-6	107	20	0.40	0.40	NUM
abr-6	107	21	,	,	PUNCT
abr-6	107	22	0.50	0.50	NUM
abr-6	107	23	,	,	PUNCT
abr-6	107	24	0.60	0.60	NUM
abr-6	107	25	,	,	PUNCT
abr-6	107	26	0.70	0.70	NUM
abr-6	107	27	,	,	PUNCT
abr-6	107	28	0.80	0.80	NUM
abr-6	107	29	,	,	PUNCT
abr-6	107	30	0.90	0.90	NUM
abr-6	107	31	,	,	PUNCT
abr-6	107	32	and	and	CCONJ
abr-6	107	33	0.95	0.95	NUM
abr-6	107	34	.	.	PUNCT
abr-6	108	1	this	this	DET
abr-6	108	2	study	study	NOUN
abr-6	108	3	applies	apply	VERB
abr-6	108	4	various	various	ADJ
abr-6	108	5	risk	risk	NOUN
abr-6	108	6	measures	measure	NOUN
abr-6	108	7	to	to	ADP
abr-6	108	8	the	the	DET
abr-6	108	9	cross	cross	NOUN
abr-6	108	10	sectional	sectional	ADJ
abr-6	108	11	distribution	distribution	NOUN
abr-6	108	12	of	of	ADP
abr-6	108	13	10-	10-	NUM
abr-6	108	14	,	,	PUNCT
abr-6	108	15	20-	20-	NOUN
abr-6	108	16	,	,	PUNCT
abr-6	108	17	and	and	CCONJ
abr-6	108	18	30year	30year	NUM
abr-6	108	19	wealth	wealth	NOUN
abr-6	108	20	relatives	relative	NOUN
abr-6	108	21	.	.	PUNCT
abr-6	109	1	other	other	ADJ
abr-6	109	2	than	than	ADP
abr-6	109	3	mean	mean	VERB
abr-6	109	4	absolute	absolute	ADJ
abr-6	109	5	deviation	deviation	NOUN
abr-6	109	6	and	and	CCONJ
abr-6	109	7	value	value	NOUN
abr-6	109	8	at	at	ADP
abr-6	109	9	risk	risk	NOUN
abr-6	109	10	,	,	PUNCT
abr-6	109	11	all	all	PRON
abr-6	109	12	of	of	ADP
abr-6	109	13	the	the	DET
abr-6	109	14	risk	risk	NOUN
abr-6	109	15	measures	measure	NOUN
abr-6	109	16	this	this	DET
abr-6	109	17	study	study	NOUN
abr-6	109	18	examines	examine	NOUN
abr-6	109	19	are	be	AUX
abr-6	109	20	generalizations	generalization	NOUN
abr-6	109	21	of	of	ADP
abr-6	109	22	:	:	PUNCT
abr-6	109	23	long	long	ADJ
abr-6	109	24	-	-	PUNCT
abr-6	109	25	run	run	VERB
abr-6	109	26	risk	risk	NOUN
abr-6	109	27	of	of	ADP
abr-6	109	28	dynamic	dynamic	ADJ
abr-6	109	29	asset	asset	NOUN
abr-6	109	30	allocation	allocation	NOUN
abr-6	109	31	strategies	strategy	NOUN
abr-6	109	32	38	38	NUM
abr-6	109	33			NOUN
abr-6	109	34			PROPN
abr-6	110	1			NUM
abr-6	110	2	10000	10000	NUM
abr-6	110	3	1j	1j	NUM
abr-6	110	4	jb	jb	PROPN
abr-6	110	5	k	k	PROPN
abr-6	110	6	n/)ww(ls	n/)ww(ls	PROPN
abr-6	110	7	(	(	PUNCT
abr-6	110	8	4	4	NUM
abr-6	110	9	)	)	PUNCT
abr-6	111	1	where	where	SCONJ
abr-6	111	2	l	l	NOUN
abr-6	112	1	=	=	PUNCT
abr-6	112	2	a	a	DET
abr-6	112	3	dummy	dummy	ADJ
abr-6	112	4	variable	variable	NOUN
abr-6	112	5	equal	equal	ADJ
abr-6	112	6	to	to	ADP
abr-6	112	7	1	1	NUM
abr-6	112	8	for	for	ADP
abr-6	112	9	all	all	DET
abr-6	112	10	observations	observation	NOUN
abr-6	112	11	included	include	VERB
abr-6	112	12	in	in	ADP
abr-6	112	13	calculating	calculate	VERB
abr-6	112	14	the	the	DET
abr-6	112	15	risk	risk	NOUN
abr-6	112	16	measure	measure	NOUN
abr-6	112	17	and	and	CCONJ
abr-6	112	18	equal	equal	ADJ
abr-6	112	19	to	to	ADP
abr-6	112	20	zero	zero	NUM
abr-6	112	21	for	for	ADP
abr-6	112	22	all	all	DET
abr-6	112	23	other	other	ADJ
abr-6	112	24	observations	observation	NOUN
abr-6	112	25	.	.	PUNCT
abr-6	113	1	for	for	ADP
abr-6	113	2	observations	observation	NOUN
abr-6	113	3	below	below	ADP
abr-6	113	4	the	the	DET
abr-6	113	5	benchmark	benchmark	ADJ
abr-6	113	6	l	l	NOUN
abr-6	113	7	equals	equal	VERB
abr-6	113	8	1	1	NUM
abr-6	113	9	.	.	X
abr-6	114	1	for	for	ADP
abr-6	114	2	downside	downside	ADJ
abr-6	114	3	risk	risk	NOUN
abr-6	114	4	measures	measure	NOUN
abr-6	114	5	,	,	PUNCT
abr-6	114	6	l	l	NOUN
abr-6	114	7	equals	equal	VERB
abr-6	114	8	0	0	NUM
abr-6	114	9	for	for	ADP
abr-6	114	10	all	all	DET
abr-6	114	11	observations	observation	NOUN
abr-6	114	12	above	above	ADP
abr-6	114	13	the	the	DET
abr-6	114	14	benchmark	benchmark	NOUN
abr-6	114	15	while	while	NOUN
abr-6	114	16	for	for	ADP
abr-6	114	17	risk	risk	NOUN
abr-6	114	18	measures	measure	NOUN
abr-6	114	19	which	which	PRON
abr-6	114	20	consider	consider	VERB
abr-6	114	21	all	all	DET
abr-6	114	22	observations	observation	NOUN
abr-6	114	23	l	l	NOUN
abr-6	114	24	equals	equal	VERB
abr-6	114	25	1	1	NUM
abr-6	114	26	for	for	ADP
abr-6	114	27	all	all	DET
abr-6	114	28	observations	observation	NOUN
abr-6	114	29	above	above	ADP
abr-6	114	30	the	the	DET
abr-6	114	31	benchmark	benchmark	NOUN
abr-6	114	32	.	.	PUNCT
abr-6	115	1	wb	wb	NOUN
abr-6	115	2	=	=	PUNCT
abr-6	115	3	benchmark	benchmark	NOUN
abr-6	115	4	wealth	wealth	NOUN
abr-6	115	5	relative	relative	NOUN
abr-6	115	6	.	.	PUNCT
abr-6	116	1	for	for	ADP
abr-6	116	2	calculations	calculation	NOUN
abr-6	116	3	of	of	ADP
abr-6	116	4	the	the	DET
abr-6	116	5	variance	variance	NOUN
abr-6	116	6	and	and	CCONJ
abr-6	116	7	standard	standard	ADJ
abr-6	116	8	deviation	deviation	NOUN
abr-6	116	9	wb	wb	NOUN
abr-6	116	10	is	be	AUX
abr-6	116	11	the	the	DET
abr-6	116	12	cross	cross	ADJ
abr-6	116	13	-	-	ADJ
abr-6	116	14	sectional	sectional	ADJ
abr-6	116	15	mean	mean	NOUN
abr-6	116	16	of	of	ADP
abr-6	116	17	the	the	DET
abr-6	116	18	wealth	wealth	NOUN
abr-6	116	19	relatives.in	relatives.in	PRON
abr-6	116	20	addition	addition	NOUN
abr-6	116	21	to	to	ADP
abr-6	116	22	the	the	DET
abr-6	116	23	mean	mean	NOUN
abr-6	116	24	,	,	PUNCT
abr-6	116	25	this	this	DET
abr-6	116	26	study	study	NOUN
abr-6	116	27	uses	use	VERB
abr-6	116	28	benchmark	benchmark	NOUN
abr-6	116	29	wealth	wealth	NOUN
abr-6	116	30	relatives	relative	NOUN
abr-6	116	31	equal	equal	ADJ
abr-6	116	32	to	to	ADP
abr-6	116	33	1.0	1.0	NUM
abr-6	116	34	(	(	PUNCT
abr-6	116	35	representing	represent	VERB
abr-6	116	36	a	a	DET
abr-6	116	37	geometric	geometric	ADJ
abr-6	116	38	mean	mean	NOUN
abr-6	116	39	return	return	NOUN
abr-6	116	40	of	of	ADP
abr-6	116	41	zero	zero	NUM
abr-6	116	42	)	)	PUNCT
abr-6	116	43	and	and	CCONJ
abr-6	116	44	that	that	SCONJ
abr-6	116	45	earned	earn	VERB
abr-6	116	46	by	by	ADP
abr-6	116	47	a	a	DET
abr-6	116	48	100	100	NUM
abr-6	116	49	percent	percent	NOUN
abr-6	116	50	investment	investment	NOUN
abr-6	116	51	in	in	ADP
abr-6	116	52	t	t	PROPN
abr-6	116	53	-	-	PUNCT
abr-6	116	54	bills	bill	NOUN
abr-6	116	55	.	.	PUNCT
abr-6	117	1	k	k	X
abr-6	117	2	=	=	PUNCT
abr-6	118	1	a	a	DET
abr-6	118	2	parameter	parameter	NOUN
abr-6	118	3	equal	equal	ADJ
abr-6	118	4	to	to	ADP
abr-6	118	5	2	2	NUM
abr-6	118	6	for	for	ADP
abr-6	118	7	variance	variance	NOUN
abr-6	118	8	-	-	PUNCT
abr-6	118	9	based	base	VERB
abr-6	118	10	measures	measure	NOUN
abr-6	118	11	,	,	PUNCT
abr-6	118	12	1	1	NUM
abr-6	118	13	for	for	ADP
abr-6	118	14	expected	expect	VERB
abr-6	118	15	shortfall	shortfall	NOUN
abr-6	118	16	measures	measure	NOUN
abr-6	118	17	,	,	PUNCT
abr-6	118	18	and	and	CCONJ
abr-6	118	19	0	0	NUM
abr-6	118	20	for	for	ADP
abr-6	118	21	shortfall	shortfall	NOUN
abr-6	118	22	probabilities	probability	NOUN
abr-6	118	23	n	n	NOUN
abr-6	118	24	=	=	NOUN
abr-6	118	25	the	the	DET
abr-6	118	26	number	number	NOUN
abr-6	118	27	of	of	ADP
abr-6	118	28	degrees	degree	NOUN
abr-6	118	29	of	of	ADP
abr-6	118	30	freedom	freedom	NOUN
abr-6	118	31	.	.	PUNCT
abr-6	119	1	if	if	SCONJ
abr-6	119	2	k	k	PROPN
abr-6	119	3	equals	equal	VERB
abr-6	119	4	0	0	NUM
abr-6	119	5	or	or	CCONJ
abr-6	119	6	1	1	NUM
abr-6	119	7	,	,	PUNCT
abr-6	119	8	n	n	PRON
abr-6	119	9	equals	equal	VERB
abr-6	119	10	the	the	DET
abr-6	119	11	number	number	NOUN
abr-6	119	12	of	of	ADP
abr-6	119	13	observations	observation	NOUN
abr-6	119	14	.	.	PUNCT
abr-6	120	1	if	if	SCONJ
abr-6	120	2	k	k	PROPN
abr-6	120	3	equals	equal	VERB
abr-6	120	4	2	2	NUM
abr-6	120	5	,	,	PUNCT
abr-6	120	6	n	n	PRON
abr-6	120	7	equals	equal	VERB
abr-6	120	8	the	the	DET
abr-6	120	9	number	number	NOUN
abr-6	120	10	of	of	ADP
abr-6	120	11	observations	observation	NOUN
abr-6	120	12	minus	minus	CCONJ
abr-6	120	13	1	1	NUM
abr-6	120	14	.	.	PUNCT
abr-6	121	1	normally	normally	ADV
abr-6	121	2	x%	x%	PUNCT
abr-6	121	3	value	value	NOUN
abr-6	121	4	at	at	ADP
abr-6	121	5	risk	risk	NOUN
abr-6	121	6	is	be	AUX
abr-6	121	7	defined	define	VERB
abr-6	121	8	as	as	ADP
abr-6	121	9	the	the	DET
abr-6	121	10	loss	loss	NOUN
abr-6	121	11	which	which	PRON
abr-6	121	12	is	be	AUX
abr-6	121	13	exceeded	exceed	VERB
abr-6	121	14	(	(	PUNCT
abr-6	121	15	100	100	NUM
abr-6	121	16	-	-	PUNCT
abr-6	121	17	x)%	x)%	NOUN
abr-6	121	18	of	of	ADP
abr-6	121	19	the	the	DET
abr-6	121	20	time	time	NOUN
abr-6	121	21	,	,	PUNCT
abr-6	121	22	and	and	CCONJ
abr-6	121	23	a	a	DET
abr-6	121	24	positive	positive	ADJ
abr-6	121	25	number	number	NOUN
abr-6	121	26	for	for	ADP
abr-6	121	27	value	value	NOUN
abr-6	121	28	at	at	ADP
abr-6	121	29	risk	risk	NOUN
abr-6	121	30	corresponds	correspond	VERB
abr-6	121	31	to	to	ADP
abr-6	121	32	a	a	DET
abr-6	121	33	loss	loss	NOUN
abr-6	121	34	.	.	PUNCT
abr-6	122	1	in	in	ADP
abr-6	122	2	this	this	DET
abr-6	122	3	study	study	NOUN
abr-6	122	4	,	,	PUNCT
abr-6	122	5	however	however	ADV
abr-6	122	6	,	,	PUNCT
abr-6	122	7	the	the	DET
abr-6	122	8	wealth	wealth	NOUN
abr-6	122	9	relative	relative	NOUN
abr-6	122	10	that	that	PRON
abr-6	122	11	corresponds	correspond	VERB
abr-6	122	12	to	to	ADP
abr-6	122	13	this	this	PRON
abr-6	122	14	implies	imply	VERB
abr-6	122	15	a	a	DET
abr-6	122	16	positive	positive	ADJ
abr-6	122	17	return	return	NOUN
abr-6	122	18	rather	rather	ADV
abr-6	122	19	than	than	ADP
abr-6	122	20	a	a	DET
abr-6	122	21	negative	negative	ADJ
abr-6	122	22	return	return	NOUN
abr-6	122	23	in	in	ADP
abr-6	122	24	many	many	ADJ
abr-6	122	25	cases	case	NOUN
abr-6	122	26	.	.	PUNCT
abr-6	123	1	to	to	PART
abr-6	123	2	avoid	avoid	VERB
abr-6	123	3	the	the	DET
abr-6	123	4	possible	possible	ADJ
abr-6	123	5	confusion	confusion	NOUN
abr-6	123	6	from	from	ADP
abr-6	123	7	negative	negative	ADJ
abr-6	123	8	value	value	NOUN
abr-6	123	9	at	at	ADP
abr-6	123	10	risk	risk	NOUN
abr-6	123	11	numbers	number	NOUN
abr-6	123	12	,	,	PUNCT
abr-6	123	13	this	this	DET
abr-6	123	14	study	study	NOUN
abr-6	123	15	reports	report	VERB
abr-6	123	16	the	the	DET
abr-6	123	17	(	(	PUNCT
abr-6	123	18	100	100	NUM
abr-6	123	19	-	-	PUNCT
abr-6	123	20	x)th	x)th	PROPN
abr-6	123	21	percentiles	percentile	NOUN
abr-6	123	22	.	.	PUNCT
abr-6	124	1	as	as	SCONJ
abr-6	124	2	presented	present	VERB
abr-6	124	3	by	by	ADP
abr-6	124	4	jorion	jorion	NOUN
abr-6	124	5	(	(	PUNCT
abr-6	124	6	2011	2011	NUM
abr-6	124	7	)	)	PUNCT
abr-6	124	8	,	,	PUNCT
abr-6	124	9	the	the	DET
abr-6	124	10	(	(	PUNCT
abr-6	124	11	100	100	NUM
abr-6	124	12	-	-	PUNCT
abr-6	124	13	x)%	x)%	NOUN
abr-6	124	14	conditional	conditional	ADJ
abr-6	124	15	value	value	NOUN
abr-6	124	16	at	at	ADP
abr-6	124	17	risk	risk	NOUN
abr-6	124	18	equals	equal	VERB
abr-6	124	19	the	the	DET
abr-6	124	20	expected	expect	VERB
abr-6	124	21	loss	loss	NOUN
abr-6	124	22	below	below	ADP
abr-6	124	23	the	the	DET
abr-6	124	24	xth	xth	PROPN
abr-6	124	25	percentile	percentile	NOUN
abr-6	124	26	of	of	ADP
abr-6	124	27	ending	end	VERB
abr-6	124	28	wealth	wealth	NOUN
abr-6	124	29	conditional	conditional	ADJ
abr-6	124	30	on	on	ADP
abr-6	124	31	ending	end	VERB
abr-6	124	32	wealth	wealth	NOUN
abr-6	124	33	being	be	AUX
abr-6	124	34	below	below	ADP
abr-6	124	35	the	the	DET
abr-6	124	36	xth	xth	PROPN
abr-6	124	37	percentile	percentile	NOUN
abr-6	124	38	of	of	ADP
abr-6	124	39	ending	end	VERB
abr-6	124	40	wealth	wealth	NOUN
abr-6	124	41	.	.	PUNCT
abr-6	125	1	thus	thus	ADV
abr-6	125	2	,	,	PUNCT
abr-6	125	3	(	(	PUNCT
abr-6	125	4	100x)%	100x)%	NUM
abr-6	125	5	conditional	conditional	ADJ
abr-6	125	6	value	value	NOUN
abr-6	125	7	at	at	ADP
abr-6	125	8	risk	risk	NOUN
abr-6	125	9	can	can	AUX
abr-6	125	10	be	be	AUX
abr-6	125	11	calculated	calculate	VERB
abr-6	125	12	from	from	ADP
abr-6	125	13	equation	equation	NOUN
abr-6	125	14	(	(	PUNCT
abr-6	125	15	4	4	NUM
abr-6	125	16	)	)	PUNCT
abr-6	125	17	where	where	SCONJ
abr-6	125	18	:	:	PUNCT
abr-6	125	19	l	l	NOUN
abr-6	125	20	equals	equal	VERB
abr-6	125	21	1	1	NUM
abr-6	125	22	if	if	SCONJ
abr-6	125	23	the	the	DET
abr-6	125	24	wealth	wealth	NOUN
abr-6	125	25	relative	relative	NOUN
abr-6	125	26	is	be	AUX
abr-6	125	27	less	less	ADJ
abr-6	125	28	than	than	ADP
abr-6	125	29	the	the	DET
abr-6	125	30	xth	xth	PROPN
abr-6	125	31	percentile	percentile	PROPN
abr-6	125	32	wealth	wealth	NOUN
abr-6	125	33	relative	relative	NOUN
abr-6	125	34	and	and	CCONJ
abr-6	125	35	0	0	NUM
abr-6	125	36	otherwise	otherwise	ADV
abr-6	125	37	;	;	PUNCT
abr-6	125	38	wb	wb	PROPN
abr-6	125	39	is	be	AUX
abr-6	125	40	xth	xth	PROPN
abr-6	125	41	percentile	percentile	PROPN
abr-6	125	42	wealth	wealth	NOUN
abr-6	125	43	relative	relative	NOUN
abr-6	125	44	;	;	PUNCT
abr-6	125	45	k	k	PROPN
abr-6	125	46	equals	equal	VERB
abr-6	125	47	1	1	NUM
abr-6	125	48	;	;	PUNCT
abr-6	125	49	and	and	CCONJ
abr-6	125	50	n	n	PRON
abr-6	125	51	equals	equal	VERB
abr-6	125	52	the	the	DET
abr-6	125	53	number	number	NOUN
abr-6	125	54	of	of	ADP
abr-6	125	55	observations	observation	NOUN
abr-6	125	56	less	less	ADJ
abr-6	125	57	than	than	ADP
abr-6	125	58	the	the	DET
abr-6	125	59	xth	xth	PROPN
abr-6	125	60	percentile	percentile	PROPN
abr-6	125	61	wealth	wealth	NOUN
abr-6	125	62	relative	relative	NOUN
abr-6	125	63	.	.	PUNCT
abr-6	126	1	expectations	expectation	NOUN
abr-6	126	2	one	one	PRON
abr-6	126	3	would	would	AUX
abr-6	126	4	not	not	PART
abr-6	126	5	expect	expect	VERB
abr-6	126	6	the	the	DET
abr-6	126	7	ending	end	VERB
abr-6	126	8	wealth	wealth	NOUN
abr-6	126	9	relatives	relative	NOUN
abr-6	126	10	to	to	PART
abr-6	126	11	be	be	AUX
abr-6	126	12	normally	normally	ADV
abr-6	126	13	distributed	distribute	VERB
abr-6	126	14	.	.	PUNCT
abr-6	127	1	for	for	ADP
abr-6	127	2	one	one	NUM
abr-6	127	3	thing	thing	NOUN
abr-6	127	4	,	,	PUNCT
abr-6	127	5	the	the	DET
abr-6	127	6	distribution	distribution	NOUN
abr-6	127	7	of	of	ADP
abr-6	127	8	common	common	ADJ
abr-6	127	9	stock	stock	NOUN
abr-6	127	10	returns	return	NOUN
abr-6	127	11	has	have	AUX
abr-6	127	12	been	be	AUX
abr-6	127	13	found	find	VERB
abr-6	127	14	to	to	PART
abr-6	127	15	be	be	AUX
abr-6	127	16	fatter	fat	ADJ
abr-6	127	17	-	-	PUNCT
abr-6	127	18	tailed	tailed	ADJ
abr-6	127	19	than	than	ADP
abr-6	127	20	the	the	DET
abr-6	127	21	normal	normal	ADJ
abr-6	127	22	distribution	distribution	NOUN
abr-6	127	23	.	.	PUNCT
abr-6	128	1	also	also	ADV
abr-6	128	2	,	,	PUNCT
abr-6	128	3	even	even	ADV
abr-6	128	4	if	if	SCONJ
abr-6	128	5	one	one	NUM
abr-6	128	6	-	-	PUNCT
abr-6	128	7	period	period	NOUN
abr-6	128	8	returns	return	NOUN
abr-6	128	9	were	be	AUX
abr-6	128	10	normally	normally	ADV
abr-6	128	11	distributed	distribute	VERB
abr-6	128	12	,	,	PUNCT
abr-6	128	13	the	the	DET
abr-6	128	14	ending	end	VERB
abr-6	128	15	wealth	wealth	NOUN
abr-6	128	16	relatives	relative	NOUN
abr-6	128	17	would	would	AUX
abr-6	128	18	not	not	PART
abr-6	128	19	be	be	AUX
abr-6	128	20	normally	normally	ADV
abr-6	128	21	distributed	distribute	VERB
abr-6	128	22	,	,	PUNCT
abr-6	128	23	since	since	SCONJ
abr-6	128	24	the	the	DET
abr-6	128	25	wealth	wealth	NOUN
abr-6	128	26	relatives	relative	NOUN
abr-6	128	27	are	be	AUX
abr-6	128	28	products	product	NOUN
abr-6	128	29	of	of	ADP
abr-6	128	30	weighted	weight	VERB
abr-6	128	31	sums	sum	NOUN
abr-6	128	32	of	of	ADP
abr-6	128	33	lognormal	lognormal	ADJ
abr-6	128	34	random	random	ADJ
abr-6	128	35	variables	variable	NOUN
abr-6	128	36	.	.	PUNCT
abr-6	129	1	even	even	ADV
abr-6	129	2	if	if	SCONJ
abr-6	129	3	the	the	DET
abr-6	129	4	ending	end	VERB
abr-6	129	5	wealth	wealth	NOUN
abr-6	129	6	relatives	relative	NOUN
abr-6	129	7	could	could	AUX
abr-6	129	8	be	be	AUX
abr-6	129	9	assumed	assume	VERB
abr-6	129	10	to	to	PART
abr-6	129	11	be	be	AUX
abr-6	129	12	normally	normally	ADV
abr-6	129	13	distributed	distribute	VERB
abr-6	129	14	,	,	PUNCT
abr-6	129	15	including	include	VERB
abr-6	129	16	only	only	ADV
abr-6	129	17	the	the	DET
abr-6	129	18	observations	observation	NOUN
abr-6	129	19	below	below	ADP
abr-6	129	20	the	the	DET
abr-6	129	21	threshold	threshold	NOUN
abr-6	129	22	leaves	leave	VERB
abr-6	129	23	a	a	DET
abr-6	129	24	distribution	distribution	NOUN
abr-6	129	25	that	that	PRON
abr-6	129	26	is	be	AUX
abr-6	129	27	nonnormal	nonnormal	ADJ
abr-6	129	28	;	;	PUNCT
abr-6	129	29	for	for	ADP
abr-6	129	30	these	these	DET
abr-6	129	31	reasons	reason	NOUN
abr-6	129	32	,	,	PUNCT
abr-6	129	33	standard	standard	ADJ
abr-6	129	34	significance	significance	NOUN
abr-6	129	35	tests	test	VERB
abr-6	129	36	such	such	ADJ
abr-6	129	37	as	as	ADP
abr-6	129	38	the	the	DET
abr-6	129	39	f	f	NOUN
abr-6	129	40	-	-	PUNCT
abr-6	129	41	test	test	NOUN
abr-6	129	42	for	for	ADP
abr-6	129	43	equality	equality	NOUN
abr-6	129	44	of	of	ADP
abr-6	129	45	variances	variance	NOUN
abr-6	129	46	are	be	AUX
abr-6	129	47	not	not	PART
abr-6	129	48	appropriate	appropriate	ADJ
abr-6	129	49	.	.	PUNCT
abr-6	130	1	in	in	ADP
abr-6	130	2	addition	addition	NOUN
abr-6	130	3	,	,	PUNCT
abr-6	130	4	the	the	DET
abr-6	130	5	same	same	ADJ
abr-6	130	6	10,000	10,000	NUM
abr-6	130	7	series	series	NOUN
abr-6	130	8	of	of	ADP
abr-6	130	9	stock	stock	NOUN
abr-6	130	10	and	and	CCONJ
abr-6	130	11	treasury	treasury	PROPN
abr-6	130	12	bill	bill	NOUN
abr-6	130	13	returns	return	NOUN
abr-6	130	14	are	be	AUX
abr-6	130	15	used	use	VERB
abr-6	130	16	for	for	ADP
abr-6	130	17	each	each	DET
abr-6	130	18	strategy	strategy	NOUN
abr-6	130	19	,	,	PUNCT
abr-6	130	20	floor	floor	NOUN
abr-6	130	21	percentage	percentage	NOUN
abr-6	130	22	,	,	PUNCT
abr-6	130	23	and	and	CCONJ
abr-6	130	24	risk	risk	NOUN
abr-6	130	25	measure	measure	NOUN
abr-6	130	26	.	.	PUNCT
abr-6	131	1	therefore	therefore	ADV
abr-6	131	2	,	,	PUNCT
abr-6	131	3	the	the	DET
abr-6	131	4	results	result	NOUN
abr-6	131	5	for	for	ADP
abr-6	131	6	the	the	DET
abr-6	131	7	different	different	ADJ
abr-6	131	8	strategies	strategy	NOUN
abr-6	131	9	,	,	PUNCT
abr-6	131	10	floor	floor	NOUN
abr-6	131	11	percentages	percentage	NOUN
abr-6	131	12	,	,	PUNCT
abr-6	131	13	and	and	CCONJ
abr-6	131	14	risk	risk	NOUN
abr-6	131	15	measures	measure	NOUN
abr-6	131	16	are	be	AUX
abr-6	131	17	not	not	PART
abr-6	131	18	independent	independent	ADJ
abr-6	131	19	of	of	ADP
abr-6	131	20	each	each	DET
abr-6	131	21	other	other	ADJ
abr-6	131	22	;	;	PUNCT
abr-6	131	23	this	this	PRON
abr-6	131	24	would	would	AUX
abr-6	131	25	also	also	ADV
abr-6	131	26	invalidate	invalidate	VERB
abr-6	131	27	the	the	DET
abr-6	131	28	standard	standard	ADJ
abr-6	131	29	statistical	statistical	ADJ
abr-6	131	30	tests	test	NOUN
abr-6	131	31	.	.	PUNCT
abr-6	132	1	even	even	ADV
abr-6	132	2	if	if	SCONJ
abr-6	132	3	valid	valid	ADJ
abr-6	132	4	statistical	statistical	ADJ
abr-6	132	5	tests	test	NOUN
abr-6	132	6	were	be	AUX
abr-6	132	7	available	available	ADJ
abr-6	132	8	,	,	PUNCT
abr-6	132	9	the	the	DET
abr-6	132	10	method	method	NOUN
abr-6	132	11	used	use	VERB
abr-6	132	12	to	to	PART
abr-6	132	13	calculate	calculate	VERB
abr-6	132	14	the	the	DET
abr-6	132	15	wealth	wealth	NOUN
abr-6	132	16	relatives	relative	NOUN
abr-6	132	17	would	would	AUX
abr-6	132	18	make	make	VERB
abr-6	132	19	the	the	DET
abr-6	132	20	tests	test	NOUN
abr-6	132	21	largely	largely	ADV
abr-6	132	22	meaningless	meaningless	ADJ
abr-6	132	23	.	.	PUNCT
abr-6	133	1	every	every	DET
abr-6	133	2	set	set	NOUN
abr-6	133	3	of	of	ADP
abr-6	133	4	10,000	10,000	NUM
abr-6	133	5	calculated	calculate	VERB
abr-6	133	6	wealth	wealth	NOUN
abr-6	133	7	relatives	relative	NOUN
abr-6	133	8	is	be	AUX
abr-6	133	9	based	base	VERB
abr-6	133	10	on	on	ADP
abr-6	133	11	the	the	DET
abr-6	133	12	same	same	ADJ
abr-6	133	13	10,000	10,000	NUM
abr-6	133	14	sets	set	NOUN
abr-6	133	15	of	of	ADP
abr-6	133	16	common	common	ADJ
abr-6	133	17	stock	stock	NOUN
abr-6	133	18	and	and	CCONJ
abr-6	133	19	treasury	treasury	PROPN
abr-6	133	20	bill	bill	NOUN
abr-6	133	21	returns	return	NOUN
abr-6	133	22	;	;	PUNCT
abr-6	133	23	the	the	DET
abr-6	133	24	only	only	ADJ
abr-6	133	25	things	thing	NOUN
abr-6	133	26	that	that	PRON
abr-6	133	27	differ	differ	VERB
abr-6	133	28	when	when	SCONJ
abr-6	133	29	the	the	DET
abr-6	133	30	strategy	strategy	NOUN
abr-6	133	31	or	or	CCONJ
abr-6	133	32	floor	floor	NOUN
abr-6	133	33	percentage	percentage	NOUN
abr-6	133	34	is	be	AUX
abr-6	133	35	changed	change	VERB
abr-6	133	36	are	be	AUX
abr-6	133	37	the	the	DET
abr-6	133	38	weights	weight	NOUN
abr-6	133	39	of	of	ADP
abr-6	133	40	common	common	ADJ
abr-6	133	41	stock	stock	NOUN
abr-6	133	42	and	and	CCONJ
abr-6	133	43	treasury	treasury	NOUN
abr-6	133	44	bills	bill	NOUN
abr-6	133	45	.	.	PUNCT
abr-6	134	1	thus	thus	ADV
abr-6	134	2	,	,	PUNCT
abr-6	134	3	this	this	DET
abr-6	134	4	study	study	NOUN
abr-6	134	5	is	be	AUX
abr-6	134	6	best	well	ADV
abr-6	134	7	viewed	view	VERB
abr-6	134	8	as	as	ADP
abr-6	134	9	a	a	DET
abr-6	134	10	demonstration	demonstration	NOUN
abr-6	134	11	rather	rather	ADV
abr-6	134	12	than	than	ADP
abr-6	134	13	a	a	DET
abr-6	134	14	traditional	traditional	ADJ
abr-6	134	15	hypothesis	hypothesis	NOUN
abr-6	134	16	-	-	PUNCT
abr-6	134	17	based	base	VERB
abr-6	134	18	empirical	empirical	ADJ
abr-6	134	19	study	study	NOUN
abr-6	134	20	.	.	PUNCT
abr-6	135	1	in	in	ADP
abr-6	135	2	addition	addition	NOUN
abr-6	135	3	,	,	PUNCT
abr-6	135	4	historical	historical	ADJ
abr-6	135	5	simulation	simulation	NOUN
abr-6	135	6	,	,	PUNCT
abr-6	135	7	which	which	PRON
abr-6	135	8	this	this	DET
abr-6	135	9	study	study	NOUN
abr-6	135	10	employs	employ	VERB
abr-6	135	11	,	,	PUNCT
abr-6	135	12	assumes	assume	VERB
abr-6	135	13	that	that	SCONJ
abr-6	135	14	the	the	DET
abr-6	135	15	distributions	distribution	NOUN
abr-6	135	16	of	of	ADP
abr-6	135	17	treasury	treasury	PROPN
abr-6	135	18	howe	howe	PROPN
abr-6	135	19	&	&	CCONJ
abr-6	135	20	pope	pope	PROPN
abr-6	135	21	39	39	NUM
abr-6	135	22	bill	bill	NOUN
abr-6	135	23	and	and	CCONJ
abr-6	135	24	common	common	ADJ
abr-6	135	25	stock	stock	NOUN
abr-6	135	26	returns	return	NOUN
abr-6	135	27	over	over	ADP
abr-6	135	28	the	the	DET
abr-6	135	29	1926	1926	NUM
abr-6	135	30	-	-	SYM
abr-6	135	31	2009	2009	NUM
abr-6	135	32	period	period	NOUN
abr-6	135	33	are	be	AUX
abr-6	135	34	typical	typical	ADJ
abr-6	135	35	of	of	ADP
abr-6	135	36	the	the	DET
abr-6	135	37	treasury	treasury	NOUN
abr-6	135	38	bill	bill	NOUN
abr-6	135	39	and	and	CCONJ
abr-6	135	40	common	common	ADJ
abr-6	135	41	stock	stock	NOUN
abr-6	135	42	markets	market	NOUN
abr-6	135	43	.	.	PUNCT
abr-6	136	1	even	even	ADV
abr-6	136	2	though	though	SCONJ
abr-6	136	3	the	the	DET
abr-6	136	4	simulated	simulate	VERB
abr-6	136	5	results	result	NOUN
abr-6	136	6	generated	generate	VERB
abr-6	136	7	in	in	ADP
abr-6	136	8	this	this	DET
abr-6	136	9	study	study	NOUN
abr-6	136	10	do	do	AUX
abr-6	136	11	not	not	PART
abr-6	136	12	lend	lend	VERB
abr-6	136	13	themselves	themselves	PRON
abr-6	136	14	to	to	ADP
abr-6	136	15	statistical	statistical	ADJ
abr-6	136	16	testing	testing	NOUN
abr-6	136	17	,	,	PUNCT
abr-6	136	18	we	we	PRON
abr-6	136	19	can	can	AUX
abr-6	136	20	develop	develop	VERB
abr-6	136	21	a	a	DET
abr-6	136	22	priori	priori	ADJ
abr-6	136	23	expectations	expectation	NOUN
abr-6	136	24	of	of	ADP
abr-6	136	25	some	some	PRON
abr-6	136	26	of	of	ADP
abr-6	136	27	the	the	DET
abr-6	136	28	results	result	NOUN
abr-6	136	29	.	.	PUNCT
abr-6	137	1	because	because	SCONJ
abr-6	137	2	on	on	ADP
abr-6	137	3	average	average	ADJ
abr-6	137	4	common	common	ADJ
abr-6	137	5	stocks	stock	NOUN
abr-6	137	6	earn	earn	VERB
abr-6	137	7	a	a	DET
abr-6	137	8	higher	high	ADJ
abr-6	137	9	rate	rate	NOUN
abr-6	137	10	of	of	ADP
abr-6	137	11	return	return	NOUN
abr-6	137	12	than	than	ADP
abr-6	137	13	treasury	treasury	NOUN
abr-6	137	14	bills	bill	NOUN
abr-6	137	15	,	,	PUNCT
abr-6	137	16	one	one	PRON
abr-6	137	17	would	would	AUX
abr-6	137	18	expect	expect	VERB
abr-6	137	19	the	the	DET
abr-6	137	20	weight	weight	NOUN
abr-6	137	21	of	of	ADP
abr-6	137	22	common	common	ADJ
abr-6	137	23	stocks	stock	NOUN
abr-6	137	24	in	in	ADP
abr-6	137	25	a	a	DET
abr-6	137	26	buy	buy	NOUN
abr-6	137	27	and	and	CCONJ
abr-6	137	28	hold	hold	VERB
abr-6	137	29	portfolio	portfolio	NOUN
abr-6	137	30	to	to	PART
abr-6	137	31	generally	generally	ADV
abr-6	137	32	increase	increase	VERB
abr-6	137	33	over	over	ADP
abr-6	137	34	time	time	NOUN
abr-6	137	35	.	.	PUNCT
abr-6	138	1	because	because	SCONJ
abr-6	138	2	common	common	ADJ
abr-6	138	3	stocks	stock	NOUN
abr-6	138	4	have	have	VERB
abr-6	138	5	a	a	DET
abr-6	138	6	higher	high	ADJ
abr-6	138	7	variance	variance	NOUN
abr-6	138	8	of	of	ADP
abr-6	138	9	return	return	NOUN
abr-6	138	10	than	than	ADP
abr-6	138	11	treasury	treasury	NOUN
abr-6	138	12	bills	bill	NOUN
abr-6	138	13	,	,	PUNCT
abr-6	138	14	this	this	PRON
abr-6	138	15	implies	imply	VERB
abr-6	138	16	that	that	SCONJ
abr-6	138	17	the	the	DET
abr-6	138	18	variance	variance	NOUN
abr-6	138	19	and	and	CCONJ
abr-6	138	20	mean	mean	VERB
abr-6	138	21	absolute	absolute	ADJ
abr-6	138	22	deviation	deviation	NOUN
abr-6	138	23	of	of	ADP
abr-6	138	24	the	the	DET
abr-6	138	25	buy	buy	NOUN
abr-6	138	26	and	and	CCONJ
abr-6	138	27	hold	hold	VERB
abr-6	138	28	strategy	strategy	NOUN
abr-6	138	29	are	be	AUX
abr-6	138	30	higher	high	ADJ
abr-6	138	31	than	than	ADP
abr-6	138	32	those	those	PRON
abr-6	138	33	of	of	ADP
abr-6	138	34	the	the	DET
abr-6	138	35	constant	constant	ADJ
abr-6	138	36	mix	mix	NOUN
abr-6	138	37	strategy	strategy	NOUN
abr-6	138	38	for	for	ADP
abr-6	138	39	any	any	DET
abr-6	138	40	given	give	VERB
abr-6	138	41	initial	initial	ADJ
abr-6	138	42	weight	weight	NOUN
abr-6	138	43	of	of	ADP
abr-6	138	44	common	common	ADJ
abr-6	138	45	stocks	stock	NOUN
abr-6	138	46	in	in	ADP
abr-6	138	47	the	the	DET
abr-6	138	48	portfolio	portfolio	NOUN
abr-6	138	49	greater	great	ADJ
abr-6	138	50	than	than	ADP
abr-6	138	51	0	0	NUM
abr-6	138	52	but	but	CCONJ
abr-6	138	53	less	less	ADJ
abr-6	138	54	than	than	ADP
abr-6	138	55	1	1	NUM
abr-6	138	56	.	.	PUNCT
abr-6	139	1	however	however	ADV
abr-6	139	2	,	,	PUNCT
abr-6	139	3	because	because	SCONJ
abr-6	139	4	the	the	DET
abr-6	139	5	constant	constant	ADJ
abr-6	139	6	mix	mix	NOUN
abr-6	139	7	strategy	strategy	NOUN
abr-6	139	8	involves	involve	VERB
abr-6	139	9	buying	buy	VERB
abr-6	139	10	stock	stock	NOUN
abr-6	139	11	as	as	ADP
abr-6	139	12	the	the	DET
abr-6	139	13	value	value	NOUN
abr-6	139	14	of	of	ADP
abr-6	139	15	the	the	DET
abr-6	139	16	portfolio	portfolio	NOUN
abr-6	139	17	drops	drop	VERB
abr-6	139	18	,	,	PUNCT
abr-6	139	19	the	the	DET
abr-6	139	20	value	value	NOUN
abr-6	139	21	of	of	ADP
abr-6	139	22	the	the	DET
abr-6	139	23	constant	constant	ADJ
abr-6	139	24	mix	mix	NOUN
abr-6	139	25	portfolio	portfolio	NOUN
abr-6	139	26	could	could	AUX
abr-6	139	27	theoretically	theoretically	ADV
abr-6	139	28	drop	drop	VERB
abr-6	139	29	to	to	ADP
abr-6	139	30	practically	practically	ADV
abr-6	139	31	0	0	NUM
abr-6	139	32	.	.	PUNCT
abr-6	140	1	on	on	ADP
abr-6	140	2	the	the	DET
abr-6	140	3	other	other	ADJ
abr-6	140	4	hand	hand	NOUN
abr-6	140	5	,	,	PUNCT
abr-6	140	6	the	the	DET
abr-6	140	7	initial	initial	ADJ
abr-6	140	8	investment	investment	NOUN
abr-6	140	9	in	in	ADP
abr-6	140	10	t	t	PROPN
abr-6	140	11	-	-	PUNCT
abr-6	140	12	bills	bill	NOUN
abr-6	140	13	places	place	VERB
abr-6	140	14	a	a	DET
abr-6	140	15	nonzero	nonzero	NOUN
abr-6	140	16	lower	low	ADJ
abr-6	140	17	limit	limit	NOUN
abr-6	140	18	on	on	ADP
abr-6	140	19	the	the	DET
abr-6	140	20	possible	possible	ADJ
abr-6	140	21	value	value	NOUN
abr-6	140	22	of	of	ADP
abr-6	140	23	the	the	DET
abr-6	140	24	portfolio	portfolio	NOUN
abr-6	140	25	in	in	ADP
abr-6	140	26	the	the	DET
abr-6	140	27	buy	buy	NOUN
abr-6	140	28	and	and	CCONJ
abr-6	140	29	hold	hold	VERB
abr-6	140	30	strategy	strategy	NOUN
abr-6	140	31	.	.	PUNCT
abr-6	141	1	therefore	therefore	ADV
abr-6	141	2	,	,	PUNCT
abr-6	141	3	it	it	PRON
abr-6	141	4	is	be	AUX
abr-6	141	5	conceivable	conceivable	ADJ
abr-6	141	6	that	that	SCONJ
abr-6	141	7	some	some	PRON
abr-6	141	8	of	of	ADP
abr-6	141	9	the	the	DET
abr-6	141	10	lower	low	ADJ
abr-6	141	11	percentiles	percentile	NOUN
abr-6	141	12	of	of	ADP
abr-6	141	13	the	the	DET
abr-6	141	14	ending	end	VERB
abr-6	141	15	wealth	wealth	NOUN
abr-6	141	16	distribution	distribution	NOUN
abr-6	141	17	could	could	AUX
abr-6	141	18	be	be	AUX
abr-6	141	19	higher	high	ADJ
abr-6	141	20	using	use	VERB
abr-6	141	21	the	the	DET
abr-6	141	22	buy	buy	NOUN
abr-6	141	23	and	and	CCONJ
abr-6	141	24	hold	hold	VERB
abr-6	141	25	strategy	strategy	NOUN
abr-6	141	26	than	than	ADP
abr-6	141	27	the	the	DET
abr-6	141	28	constant	constant	ADJ
abr-6	141	29	mix	mix	NOUN
abr-6	141	30	strategy	strategy	NOUN
abr-6	141	31	,	,	PUNCT
abr-6	141	32	given	give	VERB
abr-6	141	33	the	the	DET
abr-6	141	34	same	same	ADJ
abr-6	141	35	initial	initial	ADJ
abr-6	141	36	common	common	ADJ
abr-6	141	37	stock	stock	NOUN
abr-6	141	38	/	/	SYM
abr-6	141	39	treasury	treasury	PROPN
abr-6	141	40	bill	bill	NOUN
abr-6	141	41	weights	weight	VERB
abr-6	141	42	for	for	ADP
abr-6	141	43	the	the	DET
abr-6	141	44	buy	buy	NOUN
abr-6	141	45	and	and	CCONJ
abr-6	141	46	hold	hold	VERB
abr-6	141	47	strategy	strategy	NOUN
abr-6	141	48	as	as	ADP
abr-6	141	49	for	for	ADP
abr-6	141	50	the	the	DET
abr-6	141	51	constant	constant	ADJ
abr-6	141	52	mix	mix	NOUN
abr-6	141	53	strategy	strategy	NOUN
abr-6	141	54	.	.	PUNCT
abr-6	142	1	because	because	SCONJ
abr-6	142	2	the	the	PRON
abr-6	142	3	greater	great	ADJ
abr-6	142	4	the	the	DET
abr-6	142	5	percentage	percentage	NOUN
abr-6	142	6	of	of	ADP
abr-6	142	7	stock	stock	NOUN
abr-6	142	8	the	the	PRON
abr-6	142	9	greater	great	ADJ
abr-6	142	10	the	the	DET
abr-6	142	11	variation	variation	NOUN
abr-6	142	12	in	in	ADP
abr-6	142	13	wealth	wealth	NOUN
abr-6	142	14	relative	relative	NOUN
abr-6	142	15	,	,	PUNCT
abr-6	142	16	the	the	PRON
abr-6	142	17	greater	great	ADJ
abr-6	142	18	the	the	DET
abr-6	142	19	percentage	percentage	NOUN
abr-6	142	20	invested	invest	VERB
abr-6	142	21	in	in	ADP
abr-6	142	22	common	common	ADJ
abr-6	142	23	stocks	stock	NOUN
abr-6	142	24	the	the	PRON
abr-6	142	25	greater	great	ADJ
abr-6	142	26	the	the	DET
abr-6	142	27	conditional	conditional	ADJ
abr-6	142	28	value	value	NOUN
abr-6	142	29	at	at	ADP
abr-6	142	30	risk	risk	NOUN
abr-6	142	31	.	.	PUNCT
abr-6	143	1	this	this	PRON
abr-6	143	2	implies	imply	VERB
abr-6	143	3	that	that	SCONJ
abr-6	143	4	the	the	DET
abr-6	143	5	conditional	conditional	ADJ
abr-6	143	6	value	value	NOUN
abr-6	143	7	at	at	ADP
abr-6	143	8	risk	risk	NOUN
abr-6	143	9	for	for	ADP
abr-6	143	10	the	the	DET
abr-6	143	11	buy	buy	NOUN
abr-6	143	12	and	and	CCONJ
abr-6	143	13	hold	hold	VERB
abr-6	143	14	strategy	strategy	NOUN
abr-6	143	15	is	be	AUX
abr-6	143	16	higher	high	ADJ
abr-6	143	17	than	than	ADP
abr-6	143	18	that	that	PRON
abr-6	143	19	of	of	ADP
abr-6	143	20	the	the	DET
abr-6	143	21	constant	constant	ADJ
abr-6	143	22	mix	mix	NOUN
abr-6	143	23	strategy	strategy	NOUN
abr-6	143	24	the	the	DET
abr-6	143	25	buy	buy	NOUN
abr-6	143	26	and	and	CCONJ
abr-6	143	27	hold	hold	VERB
abr-6	143	28	strategy	strategy	NOUN
abr-6	143	29	is	be	AUX
abr-6	143	30	a	a	DET
abr-6	143	31	special	special	ADJ
abr-6	143	32	case	case	NOUN
abr-6	143	33	of	of	ADP
abr-6	143	34	the	the	DET
abr-6	143	35	cppi	cppi	NOUN
abr-6	143	36	strategy	strategy	NOUN
abr-6	143	37	,	,	PUNCT
abr-6	143	38	in	in	ADP
abr-6	143	39	which	which	PRON
abr-6	143	40	the	the	DET
abr-6	143	41	multiplier	multipli	ADJ
abr-6	143	42	equals	equal	VERB
abr-6	143	43	1	1	NUM
abr-6	143	44	and	and	CCONJ
abr-6	143	45	the	the	DET
abr-6	143	46	floor	floor	NOUN
abr-6	143	47	equals	equal	VERB
abr-6	143	48	the	the	DET
abr-6	143	49	initial	initial	ADJ
abr-6	143	50	investment	investment	NOUN
abr-6	143	51	in	in	ADP
abr-6	143	52	t	t	PROPN
abr-6	143	53	-	-	PUNCT
abr-6	143	54	bills	bill	NOUN
abr-6	143	55	.	.	PUNCT
abr-6	144	1	because	because	SCONJ
abr-6	144	2	for	for	ADP
abr-6	144	3	any	any	DET
abr-6	144	4	given	give	VERB
abr-6	144	5	floor	floor	NOUN
abr-6	144	6	a	a	DET
abr-6	144	7	higher	high	ADJ
abr-6	144	8	cppi	cppi	NOUN
abr-6	144	9	multiplier	multipli	ADJ
abr-6	144	10	implies	imply	VERB
abr-6	144	11	a	a	DET
abr-6	144	12	higher	high	ADJ
abr-6	144	13	proportion	proportion	NOUN
abr-6	144	14	invested	invest	VERB
abr-6	144	15	in	in	ADP
abr-6	144	16	common	common	ADJ
abr-6	144	17	stocks	stock	NOUN
abr-6	144	18	,	,	PUNCT
abr-6	144	19	one	one	PRON
abr-6	144	20	would	would	AUX
abr-6	144	21	expect	expect	VERB
abr-6	144	22	the	the	DET
abr-6	144	23	average	average	ADJ
abr-6	144	24	variance	variance	NOUN
abr-6	144	25	of	of	ADP
abr-6	144	26	ending	end	VERB
abr-6	144	27	wealth	wealth	NOUN
abr-6	144	28	for	for	ADP
abr-6	144	29	the	the	DET
abr-6	144	30	cppi	cppi	NOUN
abr-6	144	31	strategy	strategy	NOUN
abr-6	144	32	with	with	ADP
abr-6	144	33	a	a	DET
abr-6	144	34	multiplier	multipli	ADJ
abr-6	144	35	of	of	ADP
abr-6	144	36	1.5	1.5	NUM
abr-6	144	37	to	to	PART
abr-6	144	38	be	be	AUX
abr-6	144	39	higher	high	ADJ
abr-6	144	40	than	than	ADP
abr-6	144	41	those	those	PRON
abr-6	144	42	for	for	ADP
abr-6	144	43	the	the	DET
abr-6	144	44	buy	buy	NOUN
abr-6	144	45	and	and	CCONJ
abr-6	144	46	hold	hold	VERB
abr-6	144	47	strategy	strategy	NOUN
abr-6	144	48	but	but	CCONJ
abr-6	144	49	lower	low	ADJ
abr-6	144	50	than	than	ADP
abr-6	144	51	those	those	PRON
abr-6	144	52	for	for	ADP
abr-6	144	53	a	a	DET
abr-6	144	54	cppi	cppi	NOUN
abr-6	144	55	strategy	strategy	NOUN
abr-6	144	56	with	with	ADP
abr-6	144	57	a	a	DET
abr-6	144	58	multiplier	multipli	ADJ
abr-6	144	59	of	of	ADP
abr-6	144	60	2.0	2.0	NUM
abr-6	144	61	.	.	PUNCT
abr-6	145	1	results	result	NOUN
abr-6	145	2	table	table	NOUN
abr-6	145	3	1	1	NUM
abr-6	145	4	presents	present	VERB
abr-6	145	5	the	the	DET
abr-6	145	6	mean	mean	ADV
abr-6	145	7	-	-	PUNCT
abr-6	145	8	based	base	VERB
abr-6	145	9	risk	risk	NOUN
abr-6	145	10	measures	measure	NOUN
abr-6	145	11	,	,	PUNCT
abr-6	145	12	in	in	ADP
abr-6	145	13	this	this	DET
abr-6	145	14	study	study	NOUN
abr-6	145	15	the	the	DET
abr-6	145	16	mean	mean	ADJ
abr-6	145	17	absolute	absolute	ADJ
abr-6	145	18	deviation	deviation	NOUN
abr-6	145	19	,	,	PUNCT
abr-6	145	20	variance	variance	NOUN
abr-6	145	21	,	,	PUNCT
abr-6	145	22	and	and	CCONJ
abr-6	145	23	semi	semi	ADJ
abr-6	145	24	-	-	NOUN
abr-6	145	25	variance	variance	NOUN
abr-6	145	26	of	of	ADP
abr-6	145	27	the	the	DET
abr-6	145	28	wealth	wealth	NOUN
abr-6	145	29	relatives	relative	NOUN
abr-6	145	30	,	,	PUNCT
abr-6	145	31	for	for	ADP
abr-6	145	32	each	each	DET
abr-6	145	33	strategy	strategy	NOUN
abr-6	145	34	for	for	ADP
abr-6	145	35	the	the	DET
abr-6	145	36	120	120	NUM
abr-6	145	37	-	-	PUNCT
abr-6	145	38	month	month	NOUN
abr-6	145	39	investment	investment	NOUN
abr-6	145	40	horizon	horizon	NOUN
abr-6	145	41	.	.	PUNCT
abr-6	146	1	throughout	throughout	ADP
abr-6	146	2	this	this	DET
abr-6	146	3	study	study	NOUN
abr-6	146	4	the	the	DET
abr-6	146	5	results	result	NOUN
abr-6	146	6	for	for	ADP
abr-6	146	7	the	the	DET
abr-6	146	8	240and	240and	NUM
abr-6	146	9	360	360	NUM
abr-6	146	10	-	-	PUNCT
abr-6	146	11	month	month	NOUN
abr-6	146	12	investment	investment	NOUN
abr-6	146	13	horizons	horizon	NOUN
abr-6	146	14	are	be	AUX
abr-6	146	15	presented	present	VERB
abr-6	146	16	only	only	ADV
abr-6	146	17	if	if	SCONJ
abr-6	146	18	they	they	PRON
abr-6	146	19	differ	differ	VERB
abr-6	146	20	qualitatively	qualitatively	ADV
abr-6	146	21	from	from	ADP
abr-6	146	22	those	those	PRON
abr-6	146	23	for	for	ADP
abr-6	146	24	the	the	DET
abr-6	146	25	120	120	NUM
abr-6	146	26	-	-	PUNCT
abr-6	146	27	month	month	NOUN
abr-6	146	28	investment	investment	NOUN
abr-6	146	29	horizon	horizon	NOUN
abr-6	146	30	.	.	PUNCT
abr-6	147	1	also	also	ADV
abr-6	147	2	,	,	PUNCT
abr-6	147	3	the	the	DET
abr-6	147	4	results	result	NOUN
abr-6	147	5	for	for	ADP
abr-6	147	6	the	the	DET
abr-6	147	7	cppi	cppi	NOUN
abr-6	147	8	strategy	strategy	NOUN
abr-6	147	9	with	with	ADP
abr-6	147	10	a	a	DET
abr-6	147	11	multiplier	multipli	ADJ
abr-6	147	12	of	of	ADP
abr-6	147	13	2.0	2.0	NUM
abr-6	147	14	are	be	AUX
abr-6	147	15	qualitatively	qualitatively	ADV
abr-6	147	16	identical	identical	ADJ
abr-6	147	17	but	but	CCONJ
abr-6	147	18	more	more	ADV
abr-6	147	19	pronounced	pronounced	ADJ
abr-6	147	20	than	than	ADP
abr-6	147	21	those	those	PRON
abr-6	147	22	for	for	ADP
abr-6	147	23	the	the	DET
abr-6	147	24	cppi	cppi	NOUN
abr-6	147	25	strategy	strategy	NOUN
abr-6	147	26	with	with	ADP
abr-6	147	27	a	a	DET
abr-6	147	28	multiplier	multipli	ADJ
abr-6	147	29	of	of	ADP
abr-6	147	30	1.5	1.5	NUM
abr-6	147	31	and	and	CCONJ
abr-6	147	32	are	be	AUX
abr-6	147	33	therefore	therefore	ADV
abr-6	147	34	not	not	PART
abr-6	147	35	presented	present	VERB
abr-6	147	36	.	.	PUNCT
abr-6	148	1	the	the	DET
abr-6	148	2	floor	floor	NOUN
abr-6	148	3	is	be	AUX
abr-6	148	4	the	the	DET
abr-6	148	5	percentage	percentage	NOUN
abr-6	148	6	invested	invest	VERB
abr-6	148	7	in	in	ADP
abr-6	148	8	treasury	treasury	NOUN
abr-6	148	9	bills	bill	NOUN
abr-6	148	10	for	for	ADP
abr-6	148	11	the	the	DET
abr-6	148	12	constant	constant	ADJ
abr-6	148	13	mix	mix	NOUN
abr-6	148	14	and	and	CCONJ
abr-6	148	15	buy	buy	VERB
abr-6	148	16	and	and	CCONJ
abr-6	148	17	hold	hold	VERB
abr-6	148	18	strategies	strategy	NOUN
abr-6	148	19	and	and	CCONJ
abr-6	148	20	is	be	AUX
abr-6	148	21	the	the	DET
abr-6	148	22	floor	floor	NOUN
abr-6	148	23	initially	initially	ADV
abr-6	148	24	calculated	calculate	VERB
abr-6	148	25	by	by	ADP
abr-6	148	26	equation	equation	NOUN
abr-6	148	27	(	(	PUNCT
abr-6	148	28	3	3	NUM
abr-6	148	29	)	)	PUNCT
abr-6	148	30	for	for	ADP
abr-6	148	31	the	the	DET
abr-6	148	32	cppi	cppi	NOUN
abr-6	148	33	strategies	strategy	NOUN
abr-6	148	34	.	.	PUNCT
abr-6	149	1	initial	initial	ADJ
abr-6	149	2	floors	floor	NOUN
abr-6	149	3	of	of	ADP
abr-6	149	4	0	0	NUM
abr-6	149	5	and	and	CCONJ
abr-6	149	6	100	100	NUM
abr-6	149	7	percent	percent	NOUN
abr-6	149	8	correspond	correspond	VERB
abr-6	149	9	to	to	ADP
abr-6	149	10	100	100	NUM
abr-6	149	11	percent	percent	NOUN
abr-6	149	12	allocations	allocation	NOUN
abr-6	149	13	in	in	ADP
abr-6	149	14	common	common	ADJ
abr-6	149	15	stocks	stock	NOUN
abr-6	149	16	and	and	CCONJ
abr-6	149	17	treasury	treasury	NOUN
abr-6	149	18	bills	bill	NOUN
abr-6	149	19	,	,	PUNCT
abr-6	149	20	respectively	respectively	ADV
abr-6	149	21	.	.	PUNCT
abr-6	150	1	as	as	SCONJ
abr-6	150	2	expected	expect	VERB
abr-6	150	3	,	,	PUNCT
abr-6	150	4	for	for	ADP
abr-6	150	5	the	the	DET
abr-6	150	6	most	most	ADJ
abr-6	150	7	part	part	NOUN
abr-6	150	8	,	,	PUNCT
abr-6	150	9	as	as	SCONJ
abr-6	150	10	the	the	DET
abr-6	150	11	floor	floor	NOUN
abr-6	150	12	decreases	decrease	VERB
abr-6	150	13	the	the	DET
abr-6	150	14	mean	mean	ADJ
abr-6	150	15	absolute	absolute	ADJ
abr-6	150	16	deviation	deviation	NOUN
abr-6	150	17	and	and	CCONJ
abr-6	150	18	variance	variance	NOUN
abr-6	150	19	of	of	ADP
abr-6	150	20	the	the	DET
abr-6	150	21	wealth	wealth	NOUN
abr-6	150	22	relative	relative	ADJ
abr-6	150	23	increase	increase	NOUN
abr-6	150	24	.	.	PUNCT
abr-6	151	1	there	there	PRON
abr-6	151	2	appears	appear	VERB
abr-6	151	3	to	to	ADP
abr-6	151	4	a	a	DET
abr-6	151	5	minor	minor	ADJ
abr-6	151	6	exception	exception	NOUN
abr-6	151	7	to	to	ADP
abr-6	151	8	this	this	PRON
abr-6	151	9	for	for	ADP
abr-6	151	10	cppi	cppi	NOUN
abr-6	151	11	strategies	strategy	NOUN
abr-6	151	12	with	with	ADP
abr-6	151	13	a	a	DET
abr-6	151	14	floor	floor	NOUN
abr-6	151	15	percentage	percentage	NOUN
abr-6	151	16	of	of	ADP
abr-6	151	17	approximately	approximately	ADV
abr-6	151	18	1−1	1−1	NUM
abr-6	151	19	/	/	SYM
abr-6	151	20	cppi	cppi	NOUN
abr-6	151	21	multiplier	multipli	ADJ
abr-6	151	22	.	.	PUNCT
abr-6	152	1	the	the	DET
abr-6	152	2	reason	reason	NOUN
abr-6	152	3	for	for	ADP
abr-6	152	4	this	this	PRON
abr-6	152	5	is	be	AUX
abr-6	152	6	unclear	unclear	ADJ
abr-6	152	7	.	.	PUNCT
abr-6	153	1	as	as	SCONJ
abr-6	153	2	one	one	PRON
abr-6	153	3	would	would	AUX
abr-6	153	4	expect	expect	VERB
abr-6	153	5	given	give	VERB
abr-6	153	6	the	the	DET
abr-6	153	7	difference	difference	NOUN
abr-6	153	8	in	in	ADP
abr-6	153	9	the	the	DET
abr-6	153	10	proportion	proportion	NOUN
abr-6	153	11	invested	invest	VERB
abr-6	153	12	in	in	ADP
abr-6	153	13	common	common	ADJ
abr-6	153	14	stocks	stock	NOUN
abr-6	153	15	and	and	CCONJ
abr-6	153	16	the	the	DET
abr-6	153	17	risk	risk	NOUN
abr-6	153	18	of	of	ADP
abr-6	153	19	common	common	ADJ
abr-6	153	20	stocks	stock	NOUN
abr-6	153	21	relative	relative	ADJ
abr-6	153	22	to	to	ADP
abr-6	153	23	treasury	treasury	NOUN
abr-6	153	24	bills	bill	NOUN
abr-6	153	25	,	,	PUNCT
abr-6	153	26	the	the	DET
abr-6	153	27	constant	constant	ADJ
abr-6	153	28	mix	mix	NOUN
abr-6	153	29	strategy	strategy	NOUN
abr-6	153	30	consistently	consistently	ADV
abr-6	153	31	has	have	VERB
abr-6	153	32	the	the	DET
abr-6	153	33	lowest	low	ADJ
abr-6	153	34	mean	mean	ADJ
abr-6	153	35	absolute	absolute	ADJ
abr-6	153	36	deviation	deviation	NOUN
abr-6	153	37	and	and	CCONJ
abr-6	153	38	variance	variance	NOUN
abr-6	153	39	of	of	ADP
abr-6	153	40	wealth	wealth	NOUN
abr-6	153	41	relative	relative	NOUN
abr-6	153	42	and	and	CCONJ
abr-6	153	43	the	the	DET
abr-6	153	44	cppi	cppi	NOUN
abr-6	153	45	strategy	strategy	NOUN
abr-6	153	46	with	with	ADP
abr-6	153	47	a	a	DET
abr-6	153	48	multiplier	multiplier	ADV
abr-6	153	49	greater	great	ADJ
abr-6	153	50	than	than	ADP
abr-6	153	51	1	1	NUM
abr-6	153	52	has	have	VERB
abr-6	153	53	the	the	DET
abr-6	153	54	highest	high	ADJ
abr-6	153	55	mean	mean	ADJ
abr-6	153	56	absolute	absolute	ADJ
abr-6	153	57	deviation	deviation	NOUN
abr-6	153	58	and	and	CCONJ
abr-6	153	59	variance	variance	NOUN
abr-6	153	60	of	of	ADP
abr-6	153	61	wealth	wealth	NOUN
abr-6	153	62	relative	relative	NOUN
abr-6	153	63	.	.	PUNCT
abr-6	154	1	although	although	SCONJ
abr-6	154	2	variance	variance	NOUN
abr-6	154	3	is	be	AUX
abr-6	154	4	a	a	DET
abr-6	154	5	traditional	traditional	ADJ
abr-6	154	6	measure	measure	NOUN
abr-6	154	7	of	of	ADP
abr-6	154	8	risk	risk	NOUN
abr-6	154	9	and	and	CCONJ
abr-6	154	10	is	be	AUX
abr-6	154	11	a	a	DET
abr-6	154	12	key	key	ADJ
abr-6	154	13	part	part	NOUN
abr-6	154	14	of	of	ADP
abr-6	154	15	markowitz	markowitz	PROPN
abr-6	154	16	portfolio	portfolio	PROPN
abr-6	154	17	theory	theory	NOUN
abr-6	154	18	and	and	CCONJ
abr-6	154	19	the	the	DET
abr-6	154	20	capital	capital	NOUN
abr-6	154	21	asset	asset	NOUN
abr-6	154	22	pricing	pricing	NOUN
abr-6	154	23	model	model	NOUN
abr-6	154	24	,	,	PUNCT
abr-6	154	25	it	it	PRON
abr-6	154	26	is	be	AUX
abr-6	154	27	not	not	PART
abr-6	154	28	clear	clear	ADJ
abr-6	154	29	that	that	PRON
abr-6	154	30	variance	variance	NOUN
abr-6	154	31	is	be	AUX
abr-6	154	32	always	always	ADV
abr-6	154	33	the	the	DET
abr-6	154	34	most	most	ADV
abr-6	154	35	useful	useful	ADJ
abr-6	154	36	risk	risk	NOUN
abr-6	154	37	measure	measure	NOUN
abr-6	154	38	.	.	PUNCT
abr-6	155	1	given	give	VERB
abr-6	155	2	evidence	evidence	NOUN
abr-6	155	3	such	such	ADJ
abr-6	155	4	as	as	ADP
abr-6	155	5	tversky	tversky	NOUN
abr-6	155	6	(	(	PUNCT
abr-6	155	7	1990	1990	NUM
abr-6	155	8	)	)	PUNCT
abr-6	155	9	that	that	PRON
abr-6	155	10	losses	loss	NOUN
abr-6	155	11	loom	loom	VERB
abr-6	155	12	much	much	ADV
abr-6	155	13	larger	large	ADJ
abr-6	155	14	than	than	ADP
abr-6	155	15	gains	gain	NOUN
abr-6	155	16	in	in	ADP
abr-6	155	17	people	people	NOUN
abr-6	155	18	’s	’s	PART
abr-6	155	19	long	long	ADV
abr-6	155	20	-	-	PUNCT
abr-6	155	21	run	run	VERB
abr-6	155	22	risk	risk	NOUN
abr-6	155	23	of	of	ADP
abr-6	155	24	dynamic	dynamic	ADJ
abr-6	155	25	asset	asset	NOUN
abr-6	155	26	allocation	allocation	NOUN
abr-6	155	27	strategies	strategy	NOUN
abr-6	155	28	40	40	NUM
abr-6	155	29	table	table	NOUN
abr-6	155	30	1	1	NUM
abr-6	155	31	.	.	PUNCT
abr-6	156	1	mean	mean	NOUN
abr-6	156	2	-	-	PUNCT
abr-6	156	3	based	base	VERB
abr-6	156	4	risk	risk	NOUN
abr-6	156	5	measures	measure	NOUN
abr-6	156	6	—	—	PUNCT
abr-6	156	7	120	120	NUM
abr-6	156	8	month	month	NOUN
abr-6	156	9	investment	investment	NOUN
abr-6	156	10	horizon	horizon	NOUN
abr-6	156	11	floor	floor	NOUN
abr-6	156	12	%	%	VERB
abr-6	156	13	mad	mad	ADJ
abr-6	156	14	variance	variance	NOUN
abr-6	156	15	semivariance	semivariance	NOUN
abr-6	156	16	buy	buy	VERB
abr-6	156	17	and	and	CCONJ
abr-6	156	18	hold	hold	VERB
abr-6	156	19	0	0	NUM
abr-6	156	20	1.4603	1.4603	NUM
abr-6	156	21	4.1618	4.1618	NUM
abr-6	156	22	1.1241	1.1241	NUM
abr-6	156	23	10	10	NUM
abr-6	156	24	1.3143	1.3143	NUM
abr-6	156	25	3.3708	3.3708	NUM
abr-6	156	26	0.9105	0.9105	NUM
abr-6	156	27	20	20	NUM
abr-6	156	28	1.1682	1.1682	NUM
abr-6	156	29	2.6632	2.6632	NUM
abr-6	156	30	0.7195	0.7195	NUM
abr-6	156	31	30	30	NUM
abr-6	156	32	1.0222	1.0222	NUM
abr-6	156	33	2.0389	2.0389	NUM
abr-6	156	34	0.5509	0.5509	NUM
abr-6	156	35	40	40	NUM
abr-6	156	36	0.8763	0.8763	NUM
abr-6	156	37	1.4979	1.4979	NUM
abr-6	156	38	0.4049	0.4049	NUM
abr-6	156	39	50	50	NUM
abr-6	156	40	0.7303	0.7303	NUM
abr-6	156	41	1.0403	1.0403	NUM
abr-6	156	42	0.2813	0.2813	NUM
abr-6	156	43	60	60	NUM
abr-6	156	44	0.5844	0.5844	NUM
abr-6	156	45	0.6659	0.6659	NUM
abr-6	156	46	0.1803	0.1803	NUM
abr-6	156	47	70	70	NUM
abr-6	156	48	0.4386	0.4386	NUM
abr-6	156	49	0.3748	0.3748	NUM
abr-6	156	50	0.1017	0.1017	NUM
abr-6	156	51	80	80	NUM
abr-6	156	52	0.2931	0.2931	NUM
abr-6	156	53	0.1671	0.1671	NUM
abr-6	156	54	0.0456	0.0456	NUM
abr-6	156	55	90	90	NUM
abr-6	156	56	0.1485	0.1485	NUM
abr-6	156	57	0.0427	0.0427	NUM
abr-6	156	58	0.0120	0.0120	NUM
abr-6	156	59	95	95	NUM
abr-6	156	60	0.0785	0.0785	NUM
abr-6	156	61	0.0117	0.0117	NUM
abr-6	156	62	0.0036	0.0036	NUM
abr-6	156	63	100	100	NUM
abr-6	156	64	0.0312	0.0312	NUM
abr-6	156	65	0.0015	0.0015	NUM
abr-6	156	66	0.0007	0.0007	NUM
abr-6	156	67	constant	constant	ADJ
abr-6	156	68	mix	mix	NOUN
abr-6	156	69	0	0	NUM
abr-6	156	70	1.4603	1.4603	NUM
abr-6	156	71	4.1618	4.1618	NUM
abr-6	156	72	1.1241	1.1241	NUM
abr-6	156	73	10	10	NUM
abr-6	156	74	1.2219	1.2219	NUM
abr-6	156	75	2.7974	2.7974	NUM
abr-6	156	76	0.8131	0.8131	NUM
abr-6	156	77	20	20	NUM
abr-6	156	78	1.0097	1.0097	NUM
abr-6	156	79	1.8415	1.8415	NUM
abr-6	156	80	0.5742	0.5742	NUM
abr-6	156	81	30	30	NUM
abr-6	156	82	0.8212	0.8212	NUM
abr-6	156	83	1.1794	1.1794	NUM
abr-6	156	84	0.3933	0.3933	NUM
abr-6	156	85	40	40	NUM
abr-6	156	86	0.6541	0.6541	NUM
abr-6	156	87	0.7277	0.7277	NUM
abr-6	156	88	0.2588	0.2588	NUM
abr-6	156	89	50	50	NUM
abr-6	156	90	0.5067	0.5067	NUM
abr-6	156	91	0.4262	0.4262	NUM
abr-6	156	92	0.1612	0.1612	NUM
abr-6	156	93	60	60	NUM
abr-6	156	94	0.3769	0.3769	NUM
abr-6	156	95	0.2311	0.2311	NUM
abr-6	157	1	0.0927	0.0927	NUM
abr-6	157	2	70	70	NUM
abr-6	157	3	0.2632	0.2632	NUM
abr-6	157	4	0.1110	0.1110	NUM
abr-6	157	5	0.0471	0.0471	NUM
abr-6	157	6	80	80	NUM
abr-6	157	7	0.1644	0.1644	NUM
abr-6	157	8	0.0428	0.0428	NUM
abr-6	157	9	0.0192	0.0192	NUM
abr-6	157	10	90	90	NUM
abr-6	157	11	0.0806	0.0806	NUM
abr-6	157	12	0.0103	0.0103	NUM
abr-6	157	13	0.0049	0.0049	NUM
abr-6	157	14	95	95	NUM
abr-6	157	15	0.0471	0.0471	NUM
abr-6	157	16	0.0035	0.0035	NUM
abr-6	157	17	0.0017	0.0017	NUM
abr-6	157	18	100	100	NUM
abr-6	157	19	0.0312	0.0312	NUM
abr-6	157	20	0.0015	0.0015	NUM
abr-6	157	21	0.0007	0.0007	NUM
abr-6	157	22	cppi	cppi	PROPN
abr-6	157	23	1.5	1.5	NUM
abr-6	157	24	0	0	NUM
abr-6	157	25	1.4603	1.4603	NUM
abr-6	157	26	4.1618	4.1618	NUM
abr-6	157	27	1.1241	1.1241	NUM
abr-6	157	28	10	10	NUM
abr-6	157	29	1.4603	1.4603	NUM
abr-6	157	30	4.1618	4.1618	NUM
abr-6	157	31	1.1241	1.1241	NUM
abr-6	157	32	20	20	NUM
abr-6	157	33	1.4605	1.4605	NUM
abr-6	157	34	4.1631	4.1631	NUM
abr-6	157	35	1.1249	1.1249	NUM
abr-6	157	36	30	30	NUM
abr-6	157	37	1.4627	1.4627	NUM
abr-6	157	38	4.1732	4.1732	NUM
abr-6	157	39	1.1307	1.1307	NUM
abr-6	157	40	40	40	NUM
abr-6	157	41	1.4699	1.4699	NUM
abr-6	157	42	4.2006	4.2006	NUM
abr-6	157	43	1.1404	1.1404	NUM
abr-6	157	44	50	50	NUM
abr-6	157	45	1.4691	1.4691	NUM
abr-6	157	46	4.1804	4.1804	NUM
abr-6	157	47	1.1170	1.1170	NUM
abr-6	157	48	60	60	NUM
abr-6	157	49	1.4032	1.4032	NUM
abr-6	157	50	3.8140	3.8140	NUM
abr-6	157	51	0.9791	0.9791	NUM
abr-6	157	52	70	70	NUM
abr-6	157	53	1.2476	1.2476	NUM
abr-6	157	54	3.0740	3.0740	NUM
abr-6	157	55	0.7307	0.7307	NUM
abr-6	157	56	80	80	NUM
abr-6	157	57	0.9789	0.9789	NUM
abr-6	157	58	2.0083	2.0083	NUM
abr-6	157	59	0.4187	0.4187	NUM
abr-6	157	60	90	90	NUM
abr-6	157	61	0.5662	0.5662	NUM
abr-6	157	62	0.8079	0.8079	NUM
abr-6	157	63	0.1333	0.1333	NUM
abr-6	157	64	95	95	NUM
abr-6	157	65	0.3077	0.3077	NUM
abr-6	157	66	0.2848	0.2848	NUM
abr-6	157	67	0.0393	0.0393	NUM
abr-6	157	68	100	100	NUM
abr-6	157	69	0.0312	0.0312	NUM
abr-6	157	70	0.0015	0.0015	NUM
abr-6	157	71	0.0007	0.0007	NUM
abr-6	157	72	howe	howe	NOUN
abr-6	157	73	&	&	CCONJ
abr-6	157	74	pope	pope	PROPN
abr-6	157	75	41	41	NUM
abr-6	157	76	minds	mind	NOUN
abr-6	157	77	,	,	PUNCT
abr-6	157	78	downside	downside	ADJ
abr-6	157	79	risk	risk	NOUN
abr-6	157	80	measures	measure	NOUN
abr-6	157	81	may	may	AUX
abr-6	157	82	be	be	AUX
abr-6	157	83	more	more	ADV
abr-6	157	84	useful	useful	ADJ
abr-6	157	85	that	that	DET
abr-6	157	86	variance	variance	NOUN
abr-6	157	87	or	or	CCONJ
abr-6	157	88	mean	mean	VERB
abr-6	157	89	absolute	absolute	ADJ
abr-6	157	90	deviation	deviation	NOUN
abr-6	157	91	.	.	PUNCT
abr-6	158	1	table	table	NOUN
abr-6	158	2	1	1	NUM
abr-6	158	3	presents	present	VERB
abr-6	158	4	one	one	NUM
abr-6	158	5	such	such	ADJ
abr-6	158	6	measure	measure	NOUN
abr-6	158	7	–	–	PUNCT
abr-6	158	8	the	the	DET
abr-6	158	9	semi	semi	NOUN
abr-6	158	10	-	-	NOUN
abr-6	158	11	variance	variance	NOUN
abr-6	158	12	of	of	ADP
abr-6	158	13	the	the	DET
abr-6	158	14	wealth	wealth	NOUN
abr-6	158	15	relatives	relative	NOUN
abr-6	158	16	.	.	PUNCT
abr-6	159	1	although	although	SCONJ
abr-6	159	2	semivariance	semivariance	NOUN
abr-6	159	3	considers	consider	VERB
abr-6	159	4	only	only	ADJ
abr-6	159	5	variations	variation	NOUN
abr-6	159	6	below	below	ADP
abr-6	159	7	the	the	DET
abr-6	159	8	mean	mean	NOUN
abr-6	159	9	while	while	SCONJ
abr-6	159	10	variance	variance	NOUN
abr-6	159	11	and	and	CCONJ
abr-6	159	12	mean	mean	VERB
abr-6	159	13	absolute	absolute	ADJ
abr-6	159	14	deviation	deviation	NOUN
abr-6	159	15	consider	consider	VERB
abr-6	159	16	all	all	DET
abr-6	159	17	variations	variation	NOUN
abr-6	159	18	from	from	ADP
abr-6	159	19	the	the	DET
abr-6	159	20	mean	mean	NOUN
abr-6	159	21	,	,	PUNCT
abr-6	159	22	whether	whether	SCONJ
abr-6	159	23	below	below	ADP
abr-6	159	24	or	or	CCONJ
abr-6	159	25	above	above	ADP
abr-6	159	26	the	the	DET
abr-6	159	27	mean	mean	NOUN
abr-6	159	28	,	,	PUNCT
abr-6	159	29	the	the	DET
abr-6	159	30	semi	semi	ADJ
abr-6	159	31	-	-	ADJ
abr-6	159	32	variances	variance	NOUN
abr-6	159	33	show	show	VERB
abr-6	159	34	exactly	exactly	ADV
abr-6	159	35	the	the	DET
abr-6	159	36	same	same	ADJ
abr-6	159	37	pattern	pattern	NOUN
abr-6	159	38	as	as	ADP
abr-6	159	39	the	the	DET
abr-6	159	40	mean	mean	ADJ
abr-6	159	41	absolute	absolute	ADJ
abr-6	159	42	deviation	deviation	NOUN
abr-6	159	43	and	and	CCONJ
abr-6	159	44	the	the	DET
abr-6	159	45	variance	variance	NOUN
abr-6	159	46	.	.	PUNCT
abr-6	160	1	this	this	PRON
abr-6	160	2	suggests	suggest	VERB
abr-6	160	3	that	that	SCONJ
abr-6	160	4	even	even	ADV
abr-6	160	5	if	if	SCONJ
abr-6	160	6	downside	downside	ADJ
abr-6	160	7	deviations	deviation	NOUN
abr-6	160	8	weigh	weigh	VERB
abr-6	160	9	considerably	considerably	ADV
abr-6	160	10	more	more	ADV
abr-6	160	11	on	on	ADP
abr-6	160	12	people	people	NOUN
abr-6	160	13	’s	’s	PART
abr-6	160	14	minds	mind	NOUN
abr-6	160	15	than	than	SCONJ
abr-6	160	16	upside	upside	ADJ
abr-6	160	17	deviations	deviation	NOUN
abr-6	160	18	do	do	VERB
abr-6	160	19	,	,	PUNCT
abr-6	160	20	this	this	PRON
abr-6	160	21	does	do	AUX
abr-6	160	22	not	not	PART
abr-6	160	23	qualitatively	qualitatively	ADV
abr-6	160	24	change	change	VERB
abr-6	160	25	the	the	DET
abr-6	160	26	risk	risk	NOUN
abr-6	160	27	of	of	ADP
abr-6	160	28	the	the	DET
abr-6	160	29	strategies	strategy	NOUN
abr-6	160	30	relative	relative	ADJ
abr-6	160	31	to	to	ADP
abr-6	160	32	each	each	DET
abr-6	160	33	other	other	ADJ
abr-6	160	34	or	or	CCONJ
abr-6	160	35	the	the	DET
abr-6	160	36	relationship	relationship	NOUN
abr-6	160	37	between	between	ADP
abr-6	160	38	floor	floor	NOUN
abr-6	160	39	percentage	percentage	NOUN
abr-6	160	40	and	and	CCONJ
abr-6	160	41	risk	risk	NOUN
abr-6	160	42	.	.	PUNCT
abr-6	161	1	the	the	DET
abr-6	161	2	finding	finding	NOUN
abr-6	161	3	that	that	SCONJ
abr-6	161	4	the	the	DET
abr-6	161	5	semi	semi	NOUN
abr-6	161	6	-	-	NOUN
abr-6	161	7	variances	variance	NOUN
abr-6	161	8	are	be	AUX
abr-6	161	9	less	less	ADJ
abr-6	161	10	than	than	ADP
abr-6	161	11	half	half	NOUN
abr-6	161	12	of	of	ADP
abr-6	161	13	the	the	DET
abr-6	161	14	corresponding	corresponding	ADJ
abr-6	161	15	variances	variance	NOUN
abr-6	161	16	,	,	PUNCT
abr-6	161	17	especially	especially	ADV
abr-6	161	18	for	for	ADP
abr-6	161	19	the	the	DET
abr-6	161	20	cppi	cppi	NOUN
abr-6	161	21	strategy	strategy	NOUN
abr-6	161	22	,	,	PUNCT
abr-6	161	23	is	be	AUX
abr-6	161	24	consistent	consistent	ADJ
abr-6	161	25	with	with	ADP
abr-6	161	26	positive	positive	ADJ
abr-6	161	27	skewness	skewness	NOUN
abr-6	161	28	in	in	ADP
abr-6	161	29	the	the	DET
abr-6	161	30	distributions	distribution	NOUN
abr-6	161	31	of	of	ADP
abr-6	161	32	the	the	DET
abr-6	161	33	wealth	wealth	NOUN
abr-6	161	34	relatives	relative	NOUN
abr-6	161	35	.	.	PUNCT
abr-6	162	1	table	table	NOUN
abr-6	162	2	2	2	NUM
abr-6	162	3	presents	present	NOUN
abr-6	162	4	three	three	NUM
abr-6	162	5	shortfall	shortfall	NOUN
abr-6	162	6	risk	risk	NOUN
abr-6	162	7	measures	measure	NOUN
abr-6	162	8	for	for	ADP
abr-6	162	9	which	which	PRON
abr-6	162	10	the	the	DET
abr-6	162	11	benchmark	benchmark	NOUN
abr-6	162	12	is	be	AUX
abr-6	162	13	the	the	DET
abr-6	162	14	wealth	wealth	NOUN
abr-6	162	15	relative	relative	NOUN
abr-6	162	16	of	of	ADP
abr-6	162	17	a	a	DET
abr-6	162	18	100	100	NUM
abr-6	162	19	percent	percent	NOUN
abr-6	162	20	investment	investment	NOUN
abr-6	162	21	in	in	ADP
abr-6	162	22	treasury	treasury	NOUN
abr-6	162	23	bills	bill	NOUN
abr-6	162	24	.	.	PUNCT
abr-6	163	1	the	the	DET
abr-6	163	2	measures	measure	NOUN
abr-6	163	3	are	be	AUX
abr-6	163	4	the	the	DET
abr-6	163	5	shortfall	shortfall	NOUN
abr-6	163	6	probability	probability	NOUN
abr-6	163	7	,	,	PUNCT
abr-6	163	8	the	the	DET
abr-6	163	9	expected	expected	ADJ
abr-6	163	10	shortfall	shortfall	NOUN
abr-6	163	11	,	,	PUNCT
abr-6	163	12	and	and	CCONJ
abr-6	163	13	the	the	DET
abr-6	163	14	lower	low	ADJ
abr-6	163	15	partial	partial	ADJ
abr-6	163	16	variance	variance	NOUN
abr-6	163	17	relative	relative	ADJ
abr-6	163	18	to	to	ADP
abr-6	163	19	treasury	treasury	NOUN
abr-6	163	20	bills	bill	NOUN
abr-6	163	21	.	.	PUNCT
abr-6	164	1	for	for	ADP
abr-6	164	2	the	the	DET
abr-6	164	3	buy	buy	NOUN
abr-6	164	4	and	and	CCONJ
abr-6	164	5	hold	hold	VERB
abr-6	164	6	strategy	strategy	NOUN
abr-6	164	7	it	it	PRON
abr-6	164	8	can	can	AUX
abr-6	164	9	be	be	AUX
abr-6	164	10	shown	show	VERB
abr-6	164	11	that	that	SCONJ
abr-6	164	12	if	if	SCONJ
abr-6	164	13	the	the	DET
abr-6	164	14	initial	initial	ADJ
abr-6	164	15	investment	investment	NOUN
abr-6	164	16	in	in	ADP
abr-6	164	17	common	common	ADJ
abr-6	164	18	stocks	stock	NOUN
abr-6	164	19	is	be	AUX
abr-6	164	20	greater	great	ADJ
abr-6	164	21	than	than	ADP
abr-6	164	22	zero	zero	NUM
abr-6	164	23	the	the	DET
abr-6	164	24	probability	probability	NOUN
abr-6	164	25	of	of	ADP
abr-6	164	26	the	the	DET
abr-6	164	27	wealth	wealth	NOUN
abr-6	164	28	relative	relative	NOUN
abr-6	164	29	being	be	AUX
abr-6	164	30	less	less	ADJ
abr-6	164	31	than	than	ADP
abr-6	164	32	that	that	PRON
abr-6	164	33	from	from	ADP
abr-6	164	34	a	a	DET
abr-6	164	35	100	100	NUM
abr-6	164	36	percent	percent	NOUN
abr-6	164	37	investment	investment	NOUN
abr-6	164	38	in	in	ADP
abr-6	164	39	treasury	treasury	PROPN
abr-6	164	40	bills	bill	NOUN
abr-6	164	41	is	be	AUX
abr-6	164	42	independent	independent	ADJ
abr-6	164	43	of	of	ADP
abr-6	164	44	the	the	DET
abr-6	164	45	initial	initial	ADJ
abr-6	164	46	investment	investment	NOUN
abr-6	164	47	in	in	ADP
abr-6	164	48	common	common	ADJ
abr-6	164	49	stocks	stock	NOUN
abr-6	164	50	and	and	CCONJ
abr-6	164	51	,	,	PUNCT
abr-6	164	52	therefore	therefore	ADV
abr-6	164	53	,	,	PUNCT
abr-6	164	54	the	the	DET
abr-6	164	55	floor	floor	NOUN
abr-6	164	56	percentage	percentage	NOUN
abr-6	164	57	.	.	PUNCT
abr-6	165	1	when	when	SCONJ
abr-6	165	2	the	the	DET
abr-6	165	3	magnitude	magnitude	NOUN
abr-6	165	4	of	of	ADP
abr-6	165	5	the	the	DET
abr-6	165	6	shortfall	shortfall	NOUN
abr-6	165	7	in	in	SCONJ
abr-6	165	8	considered	consider	VERB
abr-6	165	9	,	,	PUNCT
abr-6	165	10	as	as	ADP
abr-6	165	11	in	in	ADP
abr-6	165	12	the	the	DET
abr-6	165	13	expected	expect	VERB
abr-6	165	14	shortfall	shortfall	NOUN
abr-6	165	15	and	and	CCONJ
abr-6	165	16	the	the	DET
abr-6	165	17	lower	low	ADJ
abr-6	165	18	partial	partial	ADJ
abr-6	165	19	variance	variance	NOUN
abr-6	165	20	,	,	PUNCT
abr-6	165	21	the	the	DET
abr-6	165	22	risk	risk	NOUN
abr-6	165	23	increases	increase	VERB
abr-6	165	24	as	as	SCONJ
abr-6	165	25	the	the	DET
abr-6	165	26	floor	floor	NOUN
abr-6	165	27	percentage	percentage	NOUN
abr-6	165	28	decreases	decrease	VERB
abr-6	165	29	.	.	PUNCT
abr-6	166	1	for	for	ADP
abr-6	166	2	the	the	DET
abr-6	166	3	constant	constant	ADJ
abr-6	166	4	mix	mix	NOUN
abr-6	166	5	strategy	strategy	NOUN
abr-6	166	6	,	,	PUNCT
abr-6	166	7	the	the	DET
abr-6	166	8	increase	increase	NOUN
abr-6	166	9	in	in	ADP
abr-6	166	10	risk	risk	NOUN
abr-6	166	11	as	as	SCONJ
abr-6	166	12	the	the	DET
abr-6	166	13	floor	floor	NOUN
abr-6	166	14	percentage	percentage	NOUN
abr-6	166	15	decreases	decrease	NOUN
abr-6	166	16	is	be	AUX
abr-6	166	17	apparent	apparent	ADJ
abr-6	166	18	for	for	ADP
abr-6	166	19	all	all	DET
abr-6	166	20	three	three	NUM
abr-6	166	21	risk	risk	NOUN
abr-6	166	22	measures	measure	NOUN
abr-6	166	23	.	.	PUNCT
abr-6	167	1	for	for	ADP
abr-6	167	2	the	the	DET
abr-6	167	3	cppi	cppi	NOUN
abr-6	167	4	strategy	strategy	NOUN
abr-6	167	5	,	,	PUNCT
abr-6	167	6	the	the	DET
abr-6	167	7	relationship	relationship	NOUN
abr-6	167	8	between	between	ADP
abr-6	167	9	floor	floor	NOUN
abr-6	167	10	percentage	percentage	NOUN
abr-6	167	11	and	and	CCONJ
abr-6	167	12	risk	risk	NOUN
abr-6	167	13	measure	measure	NOUN
abr-6	167	14	varies	vary	VERB
abr-6	167	15	somewhat	somewhat	ADV
abr-6	167	16	depending	depend	VERB
abr-6	167	17	on	on	ADP
abr-6	167	18	the	the	DET
abr-6	167	19	risk	risk	NOUN
abr-6	167	20	measure	measure	NOUN
abr-6	167	21	.	.	PUNCT
abr-6	168	1	for	for	ADP
abr-6	168	2	floor	floor	NOUN
abr-6	168	3	percentages	percentage	NOUN
abr-6	168	4	of	of	ADP
abr-6	168	5	greater	great	ADJ
abr-6	168	6	than	than	ADP
abr-6	168	7	90	90	NUM
abr-6	168	8	percent	percent	NOUN
abr-6	168	9	the	the	DET
abr-6	168	10	probability	probability	NOUN
abr-6	168	11	of	of	ADP
abr-6	168	12	a	a	DET
abr-6	168	13	wealth	wealth	NOUN
abr-6	168	14	relative	relative	NOUN
abr-6	168	15	less	less	ADJ
abr-6	168	16	than	than	ADP
abr-6	168	17	that	that	PRON
abr-6	168	18	from	from	ADP
abr-6	168	19	treasury	treasury	PROPN
abr-6	168	20	bills	bill	NOUN
abr-6	168	21	increases	increase	VERB
abr-6	168	22	as	as	SCONJ
abr-6	168	23	the	the	DET
abr-6	168	24	floor	floor	NOUN
abr-6	168	25	percentage	percentage	NOUN
abr-6	168	26	decreases	decrease	VERB
abr-6	168	27	.	.	PUNCT
abr-6	169	1	however	however	ADV
abr-6	169	2	,	,	PUNCT
abr-6	169	3	for	for	ADP
abr-6	169	4	floor	floor	NOUN
abr-6	169	5	percentages	percentage	NOUN
abr-6	169	6	less	less	ADJ
abr-6	169	7	than	than	ADP
abr-6	169	8	90	90	NUM
abr-6	169	9	percent	percent	NOUN
abr-6	169	10	the	the	DET
abr-6	169	11	probability	probability	NOUN
abr-6	169	12	of	of	ADP
abr-6	169	13	a	a	DET
abr-6	169	14	wealth	wealth	NOUN
abr-6	169	15	relative	relative	NOUN
abr-6	169	16	less	less	ADJ
abr-6	169	17	than	than	ADP
abr-6	169	18	that	that	PRON
abr-6	169	19	from	from	ADP
abr-6	169	20	treasury	treasury	PROPN
abr-6	169	21	bills	bill	NOUN
abr-6	169	22	declines	decline	VERB
abr-6	169	23	as	as	SCONJ
abr-6	169	24	the	the	DET
abr-6	169	25	floor	floor	NOUN
abr-6	169	26	percentage	percentage	NOUN
abr-6	169	27	decreases	decrease	VERB
abr-6	169	28	.	.	PUNCT
abr-6	170	1	this	this	DET
abr-6	170	2	reversal	reversal	NOUN
abr-6	170	3	is	be	AUX
abr-6	170	4	less	less	ADV
abr-6	170	5	pronounced	pronounced	ADJ
abr-6	170	6	and	and	CCONJ
abr-6	170	7	occurs	occur	VERB
abr-6	170	8	at	at	ADP
abr-6	170	9	a	a	DET
abr-6	170	10	lower	low	ADJ
abr-6	170	11	floor	floor	NOUN
abr-6	170	12	percentage	percentage	NOUN
abr-6	170	13	for	for	ADP
abr-6	170	14	the	the	DET
abr-6	170	15	expected	expect	VERB
abr-6	170	16	shortfall	shortfall	NOUN
abr-6	170	17	than	than	ADP
abr-6	170	18	for	for	ADP
abr-6	170	19	the	the	DET
abr-6	170	20	shortfall	shortfall	NOUN
abr-6	170	21	probability	probability	NOUN
abr-6	170	22	.	.	PUNCT
abr-6	171	1	while	while	SCONJ
abr-6	171	2	there	there	PRON
abr-6	171	3	is	be	VERB
abr-6	171	4	a	a	DET
abr-6	171	5	slight	slight	ADJ
abr-6	171	6	reversal	reversal	NOUN
abr-6	171	7	in	in	ADP
abr-6	171	8	the	the	DET
abr-6	171	9	lower	low	ADJ
abr-6	171	10	partial	partial	ADJ
abr-6	171	11	variance	variance	NOUN
abr-6	171	12	,	,	PUNCT
abr-6	171	13	it	it	PRON
abr-6	171	14	is	be	AUX
abr-6	171	15	much	much	ADV
abr-6	171	16	less	less	ADV
abr-6	171	17	pronounced	pronounced	ADJ
abr-6	171	18	and	and	CCONJ
abr-6	171	19	occurs	occur	VERB
abr-6	171	20	at	at	ADP
abr-6	171	21	a	a	DET
abr-6	171	22	lower	low	ADJ
abr-6	171	23	floor	floor	NOUN
abr-6	171	24	percentage	percentage	NOUN
abr-6	171	25	than	than	ADP
abr-6	171	26	the	the	DET
abr-6	171	27	reversal	reversal	NOUN
abr-6	171	28	in	in	ADP
abr-6	171	29	expected	expect	VERB
abr-6	171	30	shortfall	shortfall	NOUN
abr-6	171	31	.	.	PUNCT
abr-6	172	1	this	this	DET
abr-6	172	2	finding	finding	NOUN
abr-6	172	3	is	be	AUX
abr-6	172	4	not	not	PART
abr-6	172	5	surprising	surprising	ADJ
abr-6	172	6	,	,	PUNCT
abr-6	172	7	considering	consider	VERB
abr-6	172	8	that	that	SCONJ
abr-6	172	9	the	the	DET
abr-6	172	10	amount	amount	NOUN
abr-6	172	11	of	of	ADP
abr-6	172	12	the	the	DET
abr-6	172	13	shortfall	shortfall	NOUN
abr-6	172	14	affects	affect	VERB
abr-6	172	15	the	the	DET
abr-6	172	16	lower	low	ADJ
abr-6	172	17	partial	partial	ADJ
abr-6	172	18	variance	variance	NOUN
abr-6	172	19	proportionally	proportionally	ADV
abr-6	172	20	more	more	ADV
abr-6	172	21	than	than	SCONJ
abr-6	172	22	it	it	PRON
abr-6	172	23	affects	affect	VERB
abr-6	172	24	the	the	DET
abr-6	172	25	expected	expect	VERB
abr-6	172	26	shortfall	shortfall	NOUN
abr-6	172	27	,	,	PUNCT
abr-6	172	28	and	and	CCONJ
abr-6	172	29	the	the	DET
abr-6	172	30	amount	amount	NOUN
abr-6	172	31	of	of	ADP
abr-6	172	32	the	the	DET
abr-6	172	33	shortfall	shortfall	NOUN
abr-6	172	34	has	have	VERB
abr-6	172	35	no	no	DET
abr-6	172	36	effect	effect	NOUN
abr-6	172	37	on	on	ADP
abr-6	172	38	the	the	DET
abr-6	172	39	shortfall	shortfall	NOUN
abr-6	172	40	probability	probability	NOUN
abr-6	172	41	.	.	PUNCT
abr-6	173	1	for	for	ADP
abr-6	173	2	all	all	DET
abr-6	173	3	three	three	NUM
abr-6	173	4	risk	risk	NOUN
abr-6	173	5	measures	measure	NOUN
abr-6	173	6	,	,	PUNCT
abr-6	173	7	the	the	DET
abr-6	173	8	constant	constant	ADJ
abr-6	173	9	mix	mix	NOUN
abr-6	173	10	strategy	strategy	NOUN
abr-6	173	11	is	be	AUX
abr-6	173	12	the	the	DET
abr-6	173	13	least	least	ADV
abr-6	173	14	risky	risky	ADJ
abr-6	173	15	and	and	CCONJ
abr-6	173	16	the	the	DET
abr-6	173	17	cppi	cppi	NOUN
abr-6	173	18	strategy	strategy	NOUN
abr-6	173	19	is	be	AUX
abr-6	173	20	the	the	DET
abr-6	173	21	riskiest	risky	ADJ
abr-6	173	22	for	for	ADP
abr-6	173	23	all	all	DET
abr-6	173	24	floor	floor	NOUN
abr-6	173	25	percentages	percentage	NOUN
abr-6	173	26	between	between	ADP
abr-6	173	27	10	10	NUM
abr-6	173	28	and	and	CCONJ
abr-6	173	29	95	95	NUM
abr-6	173	30	percent	percent	NOUN
abr-6	173	31	.	.	PUNCT
abr-6	174	1	however	however	ADV
abr-6	174	2	,	,	PUNCT
abr-6	174	3	the	the	DET
abr-6	174	4	buy	buy	NOUN
abr-6	174	5	and	and	CCONJ
abr-6	174	6	hold	hold	VERB
abr-6	174	7	strategy	strategy	NOUN
abr-6	174	8	is	be	AUX
abr-6	174	9	only	only	ADV
abr-6	174	10	slightly	slightly	ADV
abr-6	174	11	riskier	risky	ADJ
abr-6	174	12	than	than	ADP
abr-6	174	13	the	the	DET
abr-6	174	14	constant	constant	ADJ
abr-6	174	15	mix	mix	NOUN
abr-6	174	16	strategy	strategy	NOUN
abr-6	174	17	.	.	PUNCT
abr-6	175	1	table	table	NOUN
abr-6	175	2	3	3	NUM
abr-6	175	3	presents	present	VERB
abr-6	175	4	the	the	DET
abr-6	175	5	same	same	ADJ
abr-6	175	6	three	three	NUM
abr-6	175	7	risk	risk	NOUN
abr-6	175	8	measures	measure	NOUN
abr-6	175	9	as	as	ADP
abr-6	175	10	table	table	NOUN
abr-6	175	11	2	2	NUM
abr-6	175	12	except	except	SCONJ
abr-6	175	13	that	that	SCONJ
abr-6	175	14	the	the	DET
abr-6	175	15	benchmark	benchmark	NOUN
abr-6	175	16	return	return	NOUN
abr-6	175	17	is	be	AUX
abr-6	175	18	zero	zero	NUM
abr-6	175	19	.	.	PUNCT
abr-6	176	1	for	for	ADP
abr-6	176	2	floor	floor	NOUN
abr-6	176	3	percentages	percentage	NOUN
abr-6	176	4	of	of	ADP
abr-6	176	5	80	80	NUM
abr-6	176	6	percent	percent	NOUN
abr-6	176	7	or	or	CCONJ
abr-6	176	8	higher	high	ADJ
abr-6	176	9	all	all	DET
abr-6	176	10	three	three	NUM
abr-6	176	11	risk	risk	NOUN
abr-6	176	12	measures	measure	NOUN
abr-6	176	13	were	be	AUX
abr-6	176	14	zero	zero	NUM
abr-6	176	15	for	for	ADP
abr-6	176	16	all	all	DET
abr-6	176	17	strategies	strategy	NOUN
abr-6	176	18	;	;	PUNCT
abr-6	176	19	therefore	therefore	ADV
abr-6	176	20	,	,	PUNCT
abr-6	176	21	results	result	NOUN
abr-6	176	22	for	for	ADP
abr-6	176	23	floor	floor	NOUN
abr-6	176	24	percentages	percentage	NOUN
abr-6	176	25	greater	great	ADJ
abr-6	176	26	than	than	ADP
abr-6	176	27	80	80	NUM
abr-6	176	28	percent	percent	NOUN
abr-6	176	29	are	be	AUX
abr-6	176	30	not	not	PART
abr-6	176	31	presented	present	VERB
abr-6	176	32	.	.	PUNCT
abr-6	177	1	in	in	ADP
abr-6	177	2	general	general	ADJ
abr-6	177	3	the	the	DET
abr-6	177	4	relationships	relationship	NOUN
abr-6	177	5	between	between	ADP
abr-6	177	6	floor	floor	NOUN
abr-6	177	7	percentage	percentage	NOUN
abr-6	177	8	and	and	CCONJ
abr-6	177	9	risk	risk	NOUN
abr-6	177	10	measure	measure	NOUN
abr-6	177	11	are	be	AUX
abr-6	177	12	consistent	consistent	ADJ
abr-6	177	13	with	with	ADP
abr-6	177	14	those	those	PRON
abr-6	177	15	in	in	ADP
abr-6	177	16	table	table	NOUN
abr-6	177	17	2	2	NUM
abr-6	177	18	,	,	PUNCT
abr-6	177	19	although	although	SCONJ
abr-6	177	20	the	the	DET
abr-6	177	21	decline	decline	NOUN
abr-6	177	22	in	in	ADP
abr-6	177	23	the	the	DET
abr-6	177	24	shortfall	shortfall	NOUN
abr-6	177	25	probability	probability	NOUN
abr-6	177	26	for	for	ADP
abr-6	177	27	the	the	DET
abr-6	177	28	cppi	cppi	NOUN
abr-6	177	29	strategy	strategy	NOUN
abr-6	177	30	as	as	ADP
abr-6	177	31	the	the	DET
abr-6	177	32	floor	floor	NOUN
abr-6	177	33	percentage	percentage	NOUN
abr-6	177	34	decreases	decrease	NOUN
abr-6	177	35	is	be	AUX
abr-6	177	36	much	much	ADV
abr-6	177	37	less	less	ADV
abr-6	177	38	pronounced	pronounce	VERB
abr-6	177	39	and	and	CCONJ
abr-6	177	40	begins	begin	VERB
abr-6	177	41	at	at	ADP
abr-6	177	42	a	a	DET
abr-6	177	43	much	much	ADV
abr-6	177	44	lower	low	ADJ
abr-6	177	45	floor	floor	NOUN
abr-6	177	46	percentage	percentage	NOUN
abr-6	177	47	than	than	SCONJ
abr-6	177	48	it	it	PRON
abr-6	177	49	does	do	AUX
abr-6	177	50	in	in	ADP
abr-6	177	51	table	table	NOUN
abr-6	177	52	2	2	NUM
abr-6	177	53	.	.	PUNCT
abr-6	178	1	unlike	unlike	ADP
abr-6	178	2	the	the	DET
abr-6	178	3	cases	case	NOUN
abr-6	178	4	shown	show	VERB
abr-6	178	5	in	in	ADP
abr-6	178	6	tables	table	NOUN
abr-6	178	7	1	1	NUM
abr-6	178	8	and	and	CCONJ
abr-6	178	9	2	2	NUM
abr-6	178	10	,	,	PUNCT
abr-6	178	11	the	the	DET
abr-6	178	12	buy	buy	NOUN
abr-6	178	13	and	and	CCONJ
abr-6	178	14	hold	hold	VERB
abr-6	178	15	strategy	strategy	NOUN
abr-6	178	16	generally	generally	ADV
abr-6	178	17	appears	appear	VERB
abr-6	178	18	less	less	ADV
abr-6	178	19	risky	risky	ADJ
abr-6	178	20	than	than	ADP
abr-6	178	21	the	the	DET
abr-6	178	22	constant	constant	ADJ
abr-6	178	23	mix	mix	NOUN
abr-6	178	24	.	.	PUNCT
abr-6	179	1	this	this	PRON
abr-6	179	2	is	be	AUX
abr-6	179	3	consistent	consistent	ADJ
abr-6	179	4	with	with	ADP
abr-6	179	5	the	the	DET
abr-6	179	6	hypothesis	hypothesis	NOUN
abr-6	179	7	that	that	PRON
abr-6	179	8	the	the	DET
abr-6	179	9	buy	buy	NOUN
abr-6	179	10	and	and	CCONJ
abr-6	179	11	hold	hold	VERB
abr-6	179	12	strategy	strategy	NOUN
abr-6	179	13	places	place	NOUN
abr-6	179	14	a	a	DET
abr-6	179	15	positive	positive	ADJ
abr-6	179	16	lower	low	ADJ
abr-6	179	17	limit	limit	NOUN
abr-6	179	18	on	on	ADP
abr-6	179	19	the	the	DET
abr-6	179	20	value	value	NOUN
abr-6	179	21	of	of	ADP
abr-6	179	22	the	the	DET
abr-6	179	23	portfolio	portfolio	NOUN
abr-6	179	24	while	while	SCONJ
abr-6	179	25	the	the	DET
abr-6	179	26	constant	constant	ADJ
abr-6	179	27	mix	mix	NOUN
abr-6	179	28	strategy	strategy	NOUN
abr-6	179	29	implies	imply	VERB
abr-6	179	30	that	that	SCONJ
abr-6	179	31	one	one	PRON
abr-6	179	32	sells	sell	VERB
abr-6	179	33	t	t	PROPN
abr-6	179	34	-	-	PUNCT
abr-6	179	35	bills	bill	NOUN
abr-6	179	36	and	and	CCONJ
abr-6	179	37	buys	buy	VERB
abr-6	179	38	stocks	stock	NOUN
abr-6	179	39	as	as	ADP
abr-6	179	40	the	the	DET
abr-6	179	41	value	value	NOUN
abr-6	179	42	of	of	ADP
abr-6	179	43	the	the	DET
abr-6	179	44	portfolio	portfolio	NOUN
abr-6	179	45	drops	drop	VERB
abr-6	179	46	and	and	CCONJ
abr-6	179	47	therefore	therefore	ADV
abr-6	179	48	has	have	VERB
abr-6	179	49	a	a	DET
abr-6	179	50	theoretical	theoretical	ADJ
abr-6	179	51	lower	low	ADJ
abr-6	179	52	limit	limit	NOUN
abr-6	179	53	of	of	ADP
abr-6	179	54	zero	zero	NUM
abr-6	179	55	.	.	PUNCT
abr-6	180	1	however	however	ADV
abr-6	180	2	,	,	PUNCT
abr-6	180	3	as	as	SCONJ
abr-6	180	4	table	table	NOUN
abr-6	180	5	4	4	NUM
abr-6	180	6	shows	show	NOUN
abr-6	180	7	,	,	PUNCT
abr-6	180	8	this	this	DET
abr-6	180	9	effect	effect	NOUN
abr-6	180	10	disappears	disappear	VERB
abr-6	180	11	when	when	SCONJ
abr-6	180	12	the	the	DET
abr-6	180	13	investment	investment	NOUN
abr-6	180	14	horizon	horizon	NOUN
abr-6	180	15	is	be	AUX
abr-6	180	16	lengthened	lengthen	VERB
abr-6	180	17	to	to	ADP
abr-6	180	18	240	240	NUM
abr-6	180	19	months	month	NOUN
abr-6	180	20	.	.	PUNCT
abr-6	181	1	long	long	ADV
abr-6	181	2	-	-	PUNCT
abr-6	181	3	run	run	VERB
abr-6	181	4	risk	risk	NOUN
abr-6	181	5	of	of	ADP
abr-6	181	6	dynamic	dynamic	ADJ
abr-6	181	7	asset	asset	NOUN
abr-6	181	8	allocation	allocation	NOUN
abr-6	181	9	strategies	strategy	NOUN
abr-6	181	10	42	42	NUM
abr-6	181	11	table	table	NOUN
abr-6	181	12	2	2	NUM
abr-6	181	13	.	.	PUNCT
abr-6	181	14	shortfall	shortfall	NOUN
abr-6	181	15	risk	risk	NOUN
abr-6	181	16	relative	relative	ADJ
abr-6	181	17	to	to	ADP
abr-6	181	18	risk	risk	NOUN
abr-6	181	19	-	-	PUNCT
abr-6	181	20	free	free	ADJ
abr-6	181	21	rate	rate	NOUN
abr-6	181	22	—	—	PUNCT
abr-6	181	23	120	120	NUM
abr-6	181	24	month	month	NOUN
abr-6	181	25	investment	investment	NOUN
abr-6	181	26	horizon	horizon	NOUN
abr-6	181	27	floor	floor	NOUN
abr-6	181	28	%	%	PROPN
abr-6	181	29	prob	prob	PROPN
abr-6	181	30	.	.	PUNCT
abr-6	182	1	<	<	X
abr-6	182	2	rf	rf	ADJ
abr-6	182	3	exp	exp	NOUN
abr-6	182	4	.	.	PUNCT
abr-6	182	5	shortfall	shortfall	NOUN
abr-6	182	6	vs	vs	ADP
abr-6	182	7	rf	rf	NOUN
abr-6	182	8	lpv	lpv	NOUN
abr-6	182	9	vs	vs	ADP
abr-6	182	10	rf	rf	NOUN
abr-6	182	11	buy	buy	VERB
abr-6	182	12	and	and	CCONJ
abr-6	182	13	hold	hold	VERB
abr-6	182	14	0	0	NUM
abr-6	182	15	0.1757	0.1757	NUM
abr-6	182	16	0.0635	0.0635	NUM
abr-6	182	17	0.0345	0.0345	NUM
abr-6	182	18	10	10	NUM
abr-6	182	19	0.1757	0.1757	NUM
abr-6	182	20	0.0571	0.0571	NUM
abr-6	182	21	0.0280	0.0280	NUM
abr-6	182	22	20	20	NUM
abr-6	182	23	0.1757	0.1757	NUM
abr-6	182	24	0.0508	0.0508	NUM
abr-6	183	1	0.0221	0.0221	NUM
abr-6	183	2	30	30	NUM
abr-6	183	3	0.1757	0.1757	NUM
abr-6	183	4	0.0444	0.0444	NUM
abr-6	183	5	0.0169	0.0169	NUM
abr-6	183	6	40	40	NUM
abr-6	183	7	0.1757	0.1757	NUM
abr-6	183	8	0.0381	0.0381	NUM
abr-6	183	9	0.0124	0.0124	NUM
abr-6	183	10	50	50	NUM
abr-6	183	11	0.1757	0.1757	NUM
abr-6	183	12	0.0317	0.0317	NUM
abr-6	183	13	0.0086	0.0086	NUM
abr-6	183	14	60	60	NUM
abr-6	183	15	0.1757	0.1757	NUM
abr-6	183	16	0.0254	0.0254	NUM
abr-6	183	17	0.0055	0.0055	NUM
abr-6	183	18	70	70	NUM
abr-6	183	19	0.1757	0.1757	NUM
abr-6	183	20	0.0190	0.0190	NUM
abr-6	183	21	0.0031	0.0031	NUM
abr-6	183	22	80	80	NUM
abr-6	183	23	0.1757	0.1757	NUM
abr-6	183	24	0.0127	0.0127	NUM
abr-6	183	25	0.0014	0.0014	NUM
abr-6	183	26	90	90	NUM
abr-6	183	27	0.1757	0.1757	NUM
abr-6	183	28	0.0063	0.0063	NUM
abr-6	183	29	0.0003	0.0003	NUM
abr-6	183	30	95	95	NUM
abr-6	183	31	0.1757	0.1757	NUM
abr-6	183	32	0.0032	0.0032	NUM
abr-6	183	33	0.0001	0.0001	NUM
abr-6	183	34	constant	constant	ADJ
abr-6	183	35	mix	mix	NOUN
abr-6	183	36	0	0	NUM
abr-6	184	1	0.1757	0.1757	NUM
abr-6	184	2	0.0635	0.0635	NUM
abr-6	184	3	0.0345	0.0345	NUM
abr-6	184	4	10	10	NUM
abr-6	184	5	0.1681	0.1681	NUM
abr-6	184	6	0.0550	0.0550	NUM
abr-6	184	7	0.0276	0.0276	NUM
abr-6	184	8	20	20	NUM
abr-6	184	9	0.1588	0.1588	NUM
abr-6	184	10	0.0471	0.0471	NUM
abr-6	184	11	0.0216	0.0216	NUM
abr-6	184	12	30	30	NUM
abr-6	184	13	0.1513	0.1513	NUM
abr-6	184	14	0.0397	0.0397	NUM
abr-6	184	15	0.0164	0.0164	NUM
abr-6	184	16	40	40	NUM
abr-6	184	17	0.1443	0.1443	NUM
abr-6	184	18	0.0328	0.0328	NUM
abr-6	184	19	0.0119	0.0119	NUM
abr-6	184	20	50	50	NUM
abr-6	184	21	0.1362	0.1362	NUM
abr-6	184	22	0.0263	0.0263	NUM
abr-6	184	23	0.0082	0.0082	NUM
abr-6	184	24	60	60	NUM
abr-6	184	25	0.1295	0.1295	NUM
abr-6	184	26	0.0203	0.0203	NUM
abr-6	184	27	0.0052	0.0052	NUM
abr-6	184	28	70	70	NUM
abr-6	184	29	0.1226	0.1226	NUM
abr-6	184	30	0.0146	0.0146	NUM
abr-6	184	31	0.0029	0.0029	NUM
abr-6	184	32	80	80	NUM
abr-6	184	33	0.1164	0.1164	NUM
abr-6	184	34	0.0094	0.0094	NUM
abr-6	184	35	0.0013	0.0013	NUM
abr-6	184	36	90	90	NUM
abr-6	184	37	0.1100	0.1100	NUM
abr-6	184	38	0.0045	0.0045	NUM
abr-6	184	39	0.0003	0.0003	NUM
abr-6	184	40	95	95	NUM
abr-6	184	41	0.1078	0.1078	NUM
abr-6	184	42	0.0022	0.0022	NUM
abr-6	184	43	0.0001	0.0001	NUM
abr-6	184	44	cppi	cppi	NOUN
abr-6	184	45	1.5	1.5	NUM
abr-6	184	46	0	0	NUM
abr-6	184	47	0.1757	0.1757	NUM
abr-6	184	48	0.0635	0.0635	NUM
abr-6	184	49	0.0345	0.0345	NUM
abr-6	184	50	10	10	NUM
abr-6	184	51	0.1757	0.1757	NUM
abr-6	184	52	0.0635	0.0635	NUM
abr-6	184	53	0.0346	0.0346	NUM
abr-6	184	54	20	20	NUM
abr-6	184	55	0.1757	0.1757	NUM
abr-6	184	56	0.0637	0.0637	NUM
abr-6	184	57	0.0354	0.0354	NUM
abr-6	184	58	30	30	NUM
abr-6	184	59	0.1773	0.1773	NUM
abr-6	184	60	0.0659	0.0659	NUM
abr-6	184	61	0.0349	0.0349	NUM
abr-6	184	62	40	40	NUM
abr-6	184	63	0.1882	0.1882	NUM
abr-6	184	64	0.0709	0.0709	NUM
abr-6	184	65	0.0289	0.0289	NUM
abr-6	184	66	50	50	NUM
abr-6	184	67	0.2171	0.2171	NUM
abr-6	184	68	0.0737	0.0737	NUM
abr-6	184	69	0.0206	0.0206	NUM
abr-6	184	70	60	60	NUM
abr-6	184	71	0.2498	0.2498	NUM
abr-6	184	72	0.0674	0.0674	NUM
abr-6	184	73	0.0133	0.0133	NUM
abr-6	184	74	70	70	NUM
abr-6	184	75	0.2658	0.2658	NUM
abr-6	184	76	0.0535	0.0535	NUM
abr-6	184	77	0.0075	0.0075	NUM
abr-6	184	78	80	80	NUM
abr-6	184	79	0.2717	0.2717	NUM
abr-6	184	80	0.0365	0.0365	NUM
abr-6	184	81	0.0034	0.0034	NUM
abr-6	184	82	90	90	NUM
abr-6	184	83	0.2731	0.2731	NUM
abr-6	184	84	0.0186	0.0186	NUM
abr-6	184	85	0.0009	0.0009	NUM
abr-6	184	86	95	95	NUM
abr-6	184	87	0.2729	0.2729	NUM
abr-6	184	88	0.0096	0.0096	NUM
abr-6	184	89	0.0002	0.0002	NUM
abr-6	184	90	howe	howe	NOUN
abr-6	184	91	&	&	CCONJ
abr-6	184	92	pope	pope	PROPN
abr-6	184	93	43	43	NUM
abr-6	184	94	table	table	NOUN
abr-6	184	95	3	3	NUM
abr-6	184	96	.	.	PUNCT
abr-6	184	97	shortfall	shortfall	NOUN
abr-6	184	98	risk	risk	NOUN
abr-6	184	99	relative	relative	ADJ
abr-6	184	100	to	to	PART
abr-6	184	101	return	return	VERB
abr-6	184	102	of	of	ADP
abr-6	184	103	zero	zero	NUM
abr-6	184	104	—	—	PUNCT
abr-6	184	105	120	120	NUM
abr-6	184	106	month	month	NOUN
abr-6	184	107	investment	investment	NOUN
abr-6	184	108	horizon	horizon	NOUN
abr-6	184	109	floor	floor	NOUN
abr-6	184	110	%	%	PROPN
abr-6	184	111	prob	prob	PROPN
abr-6	184	112	.	.	PUNCT
abr-6	185	1	(	(	PUNCT
abr-6	185	2	loss	loss	NOUN
abr-6	185	3	)	)	PUNCT
abr-6	185	4	expected	expect	VERB
abr-6	185	5	loss	loss	NOUN
abr-6	185	6	lpv	lpv	NOUN
abr-6	185	7	vs	vs	ADP
abr-6	185	8	0	0	NUM
abr-6	185	9	buy	buy	NOUN
abr-6	185	10	and	and	CCONJ
abr-6	185	11	hold	hold	VERB
abr-6	185	12	0	0	NUM
abr-6	185	13	0.0625	0.0625	NUM
abr-6	185	14	0.0137	0.0137	NUM
abr-6	185	15	0.0046	0.0046	NUM
abr-6	185	16	10	10	NUM
abr-6	185	17	0.0534	0.0534	NUM
abr-6	185	18	0.0099	0.0099	NUM
abr-6	185	19	0.0028	0.0028	NUM
abr-6	185	20	20	20	NUM
abr-6	185	21	0.0444	0.0444	NUM
abr-6	185	22	0.0064	0.0064	NUM
abr-6	185	23	0.0015	0.0015	NUM
abr-6	185	24	30	30	NUM
abr-6	185	25	0.0310	0.0310	NUM
abr-6	185	26	0.0036	0.0036	NUM
abr-6	185	27	0.0007	0.0007	NUM
abr-6	185	28	40	40	NUM
abr-6	185	29	0.0196	0.0196	NUM
abr-6	185	30	0.0016	0.0016	NUM
abr-6	185	31	0.0002	0.0002	NUM
abr-6	185	32	50	50	NUM
abr-6	185	33	0.0079	0.0079	NUM
abr-6	185	34	0.0004	0.0004	NUM
abr-6	185	35	0.0000	0.0000	NUM
abr-6	185	36	60	60	NUM
abr-6	185	37	0.0008	0.0008	NUM
abr-6	185	38	0.0000	0.0000	NUM
abr-6	185	39	0.0000	0.0000	NUM
abr-6	185	40	70	70	NUM
abr-6	186	1	0.0000	0.0000	NUM
abr-6	186	2	0.0000	0.0000	NUM
abr-6	186	3	0.0000	0.0000	NUM
abr-6	186	4	80	80	NUM
abr-6	186	5	0.0000	0.0000	NUM
abr-6	186	6	0.0000	0.0000	NUM
abr-6	186	7	0.0000	0.0000	NUM
abr-6	186	8	constant	constant	ADJ
abr-6	186	9	mix	mix	NOUN
abr-6	186	10	0	0	NUM
abr-6	186	11	0.0625	0.0625	NUM
abr-6	186	12	0.0137	0.0137	NUM
abr-6	186	13	0.0046	0.0046	NUM
abr-6	186	14	10	10	NUM
abr-6	186	15	0.0519	0.0519	NUM
abr-6	186	16	0.0101	0.0101	NUM
abr-6	186	17	0.0031	0.0031	NUM
abr-6	186	18	20	20	NUM
abr-6	186	19	0.0415	0.0415	NUM
abr-6	186	20	0.0069	0.0069	NUM
abr-6	186	21	0.0019	0.0019	NUM
abr-6	186	22	30	30	NUM
abr-6	186	23	0.0297	0.0297	NUM
abr-6	186	24	0.0044	0.0044	NUM
abr-6	186	25	0.0010	0.0010	NUM
abr-6	186	26	40	40	NUM
abr-6	186	27	0.0205	0.0205	NUM
abr-6	186	28	0.0024	0.0024	NUM
abr-6	186	29	0.0005	0.0005	NUM
abr-6	186	30	50	50	NUM
abr-6	186	31	0.0117	0.0117	NUM
abr-6	186	32	0.0011	0.0011	NUM
abr-6	186	33	0.0002	0.0002	NUM
abr-6	186	34	60	60	NUM
abr-6	186	35	0.0045	0.0045	NUM
abr-6	186	36	0.0003	0.0003	NUM
abr-6	186	37	0.0000	0.0000	NUM
abr-6	186	38	70	70	NUM
abr-6	186	39	0.0007	0.0007	NUM
abr-6	186	40	0.0000	0.0000	NUM
abr-6	186	41	0.0000	0.0000	NUM
abr-6	186	42	80	80	NUM
abr-6	186	43	0.0000	0.0000	NUM
abr-6	186	44	0.0000	0.0000	NUM
abr-6	186	45	0.0000	0.0000	NUM
abr-6	186	46	cppi	cppi	NOUN
abr-6	186	47	1.5	1.5	NUM
abr-6	186	48	0	0	NUM
abr-6	186	49	0.0625	0.0625	NUM
abr-6	186	50	0.0137	0.0137	NUM
abr-6	186	51	0.0046	0.0046	NUM
abr-6	186	52	10	10	NUM
abr-6	186	53	0.0625	0.0625	NUM
abr-6	186	54	0.0137	0.0137	NUM
abr-6	186	55	0.0046	0.0046	NUM
abr-6	186	56	20	20	NUM
abr-6	186	57	0.0629	0.0629	NUM
abr-6	186	58	0.0140	0.0140	NUM
abr-6	186	59	0.0048	0.0048	NUM
abr-6	186	60	30	30	NUM
abr-6	186	61	0.0674	0.0674	NUM
abr-6	186	62	0.0150	0.0150	NUM
abr-6	186	63	0.0047	0.0047	NUM
abr-6	186	64	40	40	NUM
abr-6	186	65	0.0788	0.0788	NUM
abr-6	186	66	0.0142	0.0142	NUM
abr-6	186	67	0.0034	0.0034	NUM
abr-6	186	68	50	50	NUM
abr-6	186	69	0.0778	0.0778	NUM
abr-6	186	70	0.0090	0.0090	NUM
abr-6	186	71	0.0014	0.0014	NUM
abr-6	186	72	60	60	NUM
abr-6	186	73	0.0438	0.0438	NUM
abr-6	186	74	0.0025	0.0025	NUM
abr-6	186	75	0.0002	0.0002	NUM
abr-6	186	76	70	70	NUM
abr-6	186	77	0.0019	0.0019	NUM
abr-6	186	78	0.0000	0.0000	NUM
abr-6	186	79	0.0000	0.0000	NUM
abr-6	186	80	80	80	NUM
abr-6	186	81	0.0000	0.0000	NUM
abr-6	186	82	0.0000	0.0000	NUM
abr-6	186	83	0.0000	0.0000	NUM
abr-6	186	84	long	long	ADJ
abr-6	186	85	-	-	PUNCT
abr-6	186	86	run	run	VERB
abr-6	186	87	risk	risk	NOUN
abr-6	186	88	of	of	ADP
abr-6	186	89	dynamic	dynamic	ADJ
abr-6	186	90	asset	asset	NOUN
abr-6	186	91	allocation	allocation	NOUN
abr-6	186	92	strategies	strategy	NOUN
abr-6	186	93	44	44	NUM
abr-6	186	94	table	table	NOUN
abr-6	186	95	4	4	NUM
abr-6	186	96	.	.	PUNCT
abr-6	186	97	shortfall	shortfall	NOUN
abr-6	186	98	risk	risk	NOUN
abr-6	186	99	relative	relative	ADJ
abr-6	186	100	to	to	PART
abr-6	186	101	return	return	VERB
abr-6	186	102	of	of	ADP
abr-6	186	103	zero	zero	NUM
abr-6	186	104	—	—	PUNCT
abr-6	186	105	240	240	NUM
abr-6	186	106	month	month	NOUN
abr-6	186	107	investment	investment	NOUN
abr-6	186	108	horizon	horizon	NOUN
abr-6	186	109	floor	floor	NOUN
abr-6	186	110	%	%	INTJ
abr-6	186	111	prob	prob	NOUN
abr-6	186	112	(	(	PUNCT
abr-6	186	113	loss	loss	NOUN
abr-6	186	114	)	)	PUNCT
abr-6	186	115	expected	expect	VERB
abr-6	186	116	loss	loss	NOUN
abr-6	186	117	lpv	lpv	NOUN
abr-6	186	118	vs	vs	ADP
abr-6	186	119	0	0	NUM
abr-6	186	120	buy	buy	NOUN
abr-6	186	121	and	and	CCONJ
abr-6	186	122	hold	hold	VERB
abr-6	186	123	0	0	NUM
abr-6	186	124	0.0155	0.0155	NUM
abr-6	186	125	0.0035	0.0035	NUM
abr-6	186	126	0.0013	0.0013	NUM
abr-6	186	127	10	10	NUM
abr-6	186	128	0.0102	0.0102	NUM
abr-6	186	129	0.0019	0.0019	NUM
abr-6	186	130	0.0006	0.0006	NUM
abr-6	186	131	20	20	NUM
abr-6	186	132	0.0055	0.0055	NUM
abr-6	186	133	0.0008	0.0008	NUM
abr-6	186	134	0.0002	0.0002	NUM
abr-6	186	135	30	30	NUM
abr-6	186	136	0.0027	0.0027	NUM
abr-6	186	137	0.0002	0.0002	NUM
abr-6	186	138	0.0000	0.0000	NUM
abr-6	186	139	40	40	NUM
abr-6	186	140	0.0002	0.0002	NUM
abr-6	186	141	0.0000	0.0000	NUM
abr-6	186	142	0.0000	0.0000	NUM
abr-6	187	1	50	50	NUM
abr-6	187	2	0.0000	0.0000	NUM
abr-6	187	3	0.0000	0.0000	NUM
abr-6	187	4	0.0000	0.0000	NUM
abr-6	187	5	60	60	NUM
abr-6	187	6	0.0000	0.0000	NUM
abr-6	187	7	0.0000	0.0000	NUM
abr-6	187	8	0.0000	0.0000	NUM
abr-6	187	9	70	70	NUM
abr-6	187	10	0.0000	0.0000	NUM
abr-6	187	11	0.0000	0.0000	NUM
abr-6	187	12	0.0000	0.0000	NUM
abr-6	187	13	constant	constant	ADJ
abr-6	187	14	mix	mix	NOUN
abr-6	187	15	0	0	NUM
abr-6	187	16	0.0126	0.0126	NUM
abr-6	187	17	0.0028	0.0028	NUM
abr-6	187	18	0.0010	0.0010	NUM
abr-6	187	19	10	10	NUM
abr-6	187	20	0.0101	0.0101	NUM
abr-6	187	21	0.0021	0.0021	NUM
abr-6	187	22	0.0008	0.0008	NUM
abr-6	187	23	20	20	NUM
abr-6	187	24	0.0059	0.0059	NUM
abr-6	187	25	0.0013	0.0013	NUM
abr-6	187	26	0.0004	0.0004	NUM
abr-6	187	27	30	30	NUM
abr-6	187	28	0.0036	0.0036	NUM
abr-6	187	29	0.0007	0.0007	NUM
abr-6	187	30	0.0002	0.0002	NUM
abr-6	187	31	40	40	NUM
abr-6	187	32	0.0019	0.0019	NUM
abr-6	187	33	0.0003	0.0003	NUM
abr-6	187	34	0.0001	0.0001	NUM
abr-6	187	35	50	50	NUM
abr-6	187	36	0.0008	0.0008	NUM
abr-6	187	37	0.0001	0.0001	NUM
abr-6	187	38	0.0000	0.0000	NUM
abr-6	187	39	60	60	NUM
abr-6	187	40	0.0001	0.0001	NUM
abr-6	187	41	0.0000	0.0000	NUM
abr-6	187	42	0.0000	0.0000	NUM
abr-6	187	43	70	70	NUM
abr-6	187	44	0.0000	0.0000	NUM
abr-6	187	45	0.0000	0.0000	NUM
abr-6	187	46	0.0000	0.0000	NUM
abr-6	187	47	cppi	cppi	NOUN
abr-6	187	48	1.5	1.5	NUM
abr-6	187	49	0	0	NUM
abr-6	187	50	0.0155	0.0155	NUM
abr-6	187	51	0.0035	0.0035	NUM
abr-6	187	52	0.0013	0.0013	NUM
abr-6	187	53	10	10	NUM
abr-6	187	54	0.0155	0.0155	NUM
abr-6	187	55	0.0035	0.0035	NUM
abr-6	187	56	0.0014	0.0014	NUM
abr-6	187	57	20	20	NUM
abr-6	187	58	0.0175	0.0175	NUM
abr-6	187	59	0.0041	0.0041	NUM
abr-6	187	60	0.0014	0.0014	NUM
abr-6	187	61	30	30	NUM
abr-6	187	62	0.0208	0.0208	NUM
abr-6	187	63	0.0037	0.0037	NUM
abr-6	187	64	0.0009	0.0009	NUM
abr-6	187	65	40	40	NUM
abr-6	187	66	0.0164	0.0164	NUM
abr-6	187	67	0.0014	0.0014	NUM
abr-6	187	68	0.0002	0.0002	NUM
abr-6	187	69	50	50	NUM
abr-6	187	70	0.0006	0.0006	NUM
abr-6	187	71	0.0000	0.0000	NUM
abr-6	187	72	0.0000	0.0000	NUM
abr-6	187	73	60	60	NUM
abr-6	187	74	0.0000	0.0000	NUM
abr-6	187	75	0.0000	0.0000	NUM
abr-6	187	76	0.0000	0.0000	NUM
abr-6	187	77	70	70	NUM
abr-6	187	78	0.0000	0.0000	NUM
abr-6	187	79	0.0000	0.0000	NUM
abr-6	187	80	0.0000	0.0000	NUM
abr-6	187	81	table	table	NOUN
abr-6	187	82	5	5	NUM
abr-6	187	83	presents	present	VERB
abr-6	187	84	the	the	DET
abr-6	187	85	fifth	fifth	ADJ
abr-6	187	86	and	and	CCONJ
abr-6	187	87	first	first	ADJ
abr-6	187	88	percentiles	percentile	NOUN
abr-6	187	89	of	of	ADP
abr-6	187	90	ending	end	VERB
abr-6	187	91	wealth	wealth	NOUN
abr-6	187	92	and	and	CCONJ
abr-6	187	93	the	the	DET
abr-6	187	94	conditional	conditional	ADJ
abr-6	187	95	value	value	NOUN
abr-6	187	96	at	at	ADP
abr-6	187	97	risk	risk	NOUN
abr-6	187	98	associated	associate	VERB
abr-6	187	99	with	with	ADP
abr-6	187	100	them	they	PRON
abr-6	187	101	.	.	PUNCT
abr-6	188	1	as	as	SCONJ
abr-6	188	2	expected	expect	VERB
abr-6	188	3	based	base	VERB
abr-6	188	4	on	on	ADP
abr-6	188	5	the	the	DET
abr-6	188	6	proportion	proportion	NOUN
abr-6	188	7	of	of	ADP
abr-6	188	8	common	common	ADJ
abr-6	188	9	stock	stock	NOUN
abr-6	188	10	in	in	ADP
abr-6	188	11	the	the	DET
abr-6	188	12	portfolio	portfolio	NOUN
abr-6	188	13	,	,	PUNCT
abr-6	188	14	the	the	PRON
abr-6	188	15	lower	low	ADJ
abr-6	188	16	the	the	DET
abr-6	188	17	floor	floor	NOUN
abr-6	188	18	percentage	percentage	NOUN
abr-6	188	19	the	the	PRON
abr-6	188	20	lower	low	ADJ
abr-6	188	21	the	the	DET
abr-6	188	22	first	first	ADJ
abr-6	188	23	and	and	CCONJ
abr-6	188	24	fifth	fifth	ADJ
abr-6	188	25	percentiles	percentile	NOUN
abr-6	188	26	of	of	ADP
abr-6	188	27	ending	end	VERB
abr-6	188	28	wealth	wealth	NOUN
abr-6	188	29	for	for	ADP
abr-6	188	30	the	the	DET
abr-6	188	31	buy	buy	NOUN
abr-6	188	32	and	and	CCONJ
abr-6	188	33	hold	hold	VERB
abr-6	188	34	and	and	CCONJ
abr-6	188	35	constant	constant	ADJ
abr-6	188	36	mix	mix	NOUN
abr-6	188	37	strategies	strategy	NOUN
abr-6	188	38	.	.	PUNCT
abr-6	189	1	for	for	ADP
abr-6	189	2	the	the	DET
abr-6	189	3	cppi	cppi	NOUN
abr-6	189	4	strategy	strategy	NOUN
abr-6	189	5	this	this	DET
abr-6	189	6	relationship	relationship	NOUN
abr-6	189	7	reverses	reverse	VERB
abr-6	189	8	slightly	slightly	ADV
abr-6	189	9	for	for	ADP
abr-6	189	10	low	low	ADJ
abr-6	189	11	floor	floor	NOUN
abr-6	189	12	percentages	percentage	NOUN
abr-6	189	13	,	,	PUNCT
abr-6	189	14	a	a	DET
abr-6	189	15	finding	finding	NOUN
abr-6	189	16	consistent	consistent	ADJ
abr-6	189	17	with	with	ADP
abr-6	189	18	the	the	DET
abr-6	189	19	cppi	cppi	NOUN
abr-6	189	20	findings	finding	NOUN
abr-6	189	21	shown	show	VERB
abr-6	189	22	on	on	ADP
abr-6	189	23	tables	table	NOUN
abr-6	189	24	1	1	NUM
abr-6	189	25	through	through	ADP
abr-6	189	26	3	3	NUM
abr-6	189	27	.	.	PUNCT
abr-6	190	1	the	the	DET
abr-6	190	2	fifth	fifth	ADJ
abr-6	190	3	percentiles	percentile	NOUN
abr-6	190	4	of	of	ADP
abr-6	190	5	ending	end	VERB
abr-6	190	6	wealth	wealth	NOUN
abr-6	190	7	are	be	AUX
abr-6	190	8	only	only	ADV
abr-6	190	9	slightly	slightly	ADV
abr-6	190	10	lower	low	ADJ
abr-6	190	11	for	for	ADP
abr-6	190	12	the	the	DET
abr-6	190	13	buy	buy	NOUN
abr-6	190	14	and	and	CCONJ
abr-6	190	15	hold	hold	VERB
abr-6	190	16	strategy	strategy	NOUN
abr-6	190	17	than	than	ADP
abr-6	190	18	for	for	ADP
abr-6	190	19	the	the	DET
abr-6	190	20	constant	constant	ADJ
abr-6	190	21	mix	mix	NOUN
abr-6	190	22	strategy	strategy	NOUN
abr-6	190	23	while	while	SCONJ
abr-6	190	24	the	the	DET
abr-6	190	25	first	first	ADJ
abr-6	190	26	percentiles	percentile	NOUN
abr-6	190	27	of	of	ADP
abr-6	190	28	ending	end	VERB
abr-6	190	29	wealth	wealth	NOUN
abr-6	190	30	are	be	AUX
abr-6	190	31	in	in	ADP
abr-6	190	32	almost	almost	ADV
abr-6	190	33	all	all	PRON
abr-6	190	34	cases	case	NOUN
abr-6	190	35	higher	high	ADJ
abr-6	190	36	for	for	ADP
abr-6	190	37	the	the	DET
abr-6	190	38	buy	buy	NOUN
abr-6	190	39	and	and	CCONJ
abr-6	190	40	hold	hold	VERB
abr-6	190	41	strategy	strategy	NOUN
abr-6	190	42	than	than	ADP
abr-6	190	43	for	for	ADP
abr-6	190	44	the	the	DET
abr-6	190	45	constant	constant	ADJ
abr-6	190	46	mix	mix	NOUN
abr-6	190	47	strategy	strategy	NOUN
abr-6	190	48	.	.	PUNCT
abr-6	191	1	furthermore	furthermore	ADV
abr-6	191	2	,	,	PUNCT
abr-6	191	3	both	both	CCONJ
abr-6	191	4	the	the	DET
abr-6	191	5	95	95	NUM
abr-6	191	6	%	%	NOUN
abr-6	191	7	and	and	CCONJ
abr-6	191	8	99	99	NUM
abr-6	191	9	%	%	NOUN
abr-6	191	10	conditional	conditional	ADJ
abr-6	191	11	values	value	NOUN
abr-6	191	12	at	at	ADP
abr-6	191	13	risk	risk	NOUN
abr-6	191	14	are	be	AUX
abr-6	191	15	lower	low	ADJ
abr-6	191	16	for	for	ADP
abr-6	191	17	the	the	DET
abr-6	191	18	buy	buy	NOUN
abr-6	191	19	and	and	CCONJ
abr-6	191	20	hold	hold	VERB
abr-6	191	21	strategy	strategy	NOUN
abr-6	191	22	than	than	ADP
abr-6	191	23	for	for	ADP
abr-6	191	24	the	the	DET
abr-6	191	25	constant	constant	ADJ
abr-6	191	26	mix	mix	NOUN
abr-6	191	27	strategy	strategy	NOUN
abr-6	191	28	,	,	PUNCT
abr-6	191	29	with	with	ADP
abr-6	191	30	the	the	DET
abr-6	191	31	95	95	NUM
abr-6	191	32	%	%	NOUN
abr-6	191	33	conditional	conditional	ADJ
abr-6	191	34	value	value	NOUN
abr-6	191	35	at	at	ADP
abr-6	191	36	risk	risk	NOUN
abr-6	191	37	enough	enough	ADV
abr-6	191	38	lower	low	ADJ
abr-6	191	39	for	for	ADP
abr-6	191	40	the	the	DET
abr-6	191	41	buy	buy	NOUN
abr-6	191	42	and	and	CCONJ
abr-6	191	43	hold	hold	VERB
abr-6	191	44	strategy	strategy	NOUN
abr-6	191	45	to	to	AUX
abr-6	191	46	more	more	ADV
abr-6	191	47	than	than	ADP
abr-6	191	48	make	make	VERB
abr-6	191	49	howe	howe	NOUN
abr-6	191	50	&	&	CCONJ
abr-6	191	51	pope	pope	PROPN
abr-6	191	52	45	45	NUM
abr-6	191	53	table	table	NOUN
abr-6	191	54	5	5	NUM
abr-6	191	55	.	.	PUNCT
abr-6	192	1	lower	low	ADJ
abr-6	192	2	percentiles	percentile	NOUN
abr-6	192	3	and	and	CCONJ
abr-6	192	4	conditional	conditional	ADJ
abr-6	192	5	value	value	NOUN
abr-6	192	6	at	at	ADP
abr-6	192	7	risk	risk	NOUN
abr-6	192	8	—	—	PUNCT
abr-6	192	9	120	120	NUM
abr-6	192	10	month	month	NOUN
abr-6	192	11	investment	investment	NOUN
abr-6	192	12	horizon	horizon	NOUN
abr-6	192	13	floor	floor	NOUN
abr-6	192	14	%	%	NOUN
abr-6	192	15	5th	5th	ADJ
abr-6	192	16	percentile	percentile	ADJ
abr-6	192	17	95	95	NUM
abr-6	192	18	%	%	NOUN
abr-6	192	19	cvar	cvar	PROPN
abr-6	192	20	1st	1st	PROPN
abr-6	192	21	percentile	percentile	ADJ
abr-6	192	22	99	99	NUM
abr-6	192	23	%	%	NOUN
abr-6	192	24	cvar	cvar	NOUN
abr-6	192	25	buy	buy	NOUN
abr-6	192	26	and	and	CCONJ
abr-6	192	27	hold	hold	VERB
abr-6	192	28	0	0	NUM
abr-6	192	29	0.9257	0.9257	NUM
abr-6	192	30	0.1918	0.1918	NUM
abr-6	192	31	0.6002	0.6002	NUM
abr-6	192	32	0.0989	0.0989	NUM
abr-6	192	33	10	10	NUM
abr-6	192	34	0.9767	0.9767	NUM
abr-6	192	35	0.1827	0.1827	NUM
abr-6	193	1	0.6818	0.6818	NUM
abr-6	193	2	0.0879	0.0879	NUM
abr-6	193	3	20	20	NUM
abr-6	193	4	1.0289	1.0289	NUM
abr-6	193	5	0.1733	0.1733	NUM
abr-6	194	1	0.7639	0.7639	NUM
abr-6	194	2	0.0773	0.0773	NUM
abr-6	194	3	30	30	NUM
abr-6	194	4	1.0807	1.0807	NUM
abr-6	194	5	0.1560	0.1560	NUM
abr-6	194	6	0.8465	0.8465	NUM
abr-6	194	7	0.0674	0.0674	NUM
abr-6	194	8	40	40	NUM
abr-6	194	9	1.1304	1.1304	NUM
abr-6	194	10	0.1385	0.1385	NUM
abr-6	194	11	0.9296	0.9296	NUM
abr-6	194	12	0.0582	0.0582	NUM
abr-6	194	13	50	50	NUM
abr-6	194	14	1.1809	1.1809	NUM
abr-6	194	15	0.1189	0.1189	NUM
abr-6	194	16	1.0120	1.0120	NUM
abr-6	194	17	0.0490	0.0490	NUM
abr-6	194	18	60	60	NUM
abr-6	194	19	1.2306	1.2306	NUM
abr-6	194	20	0.0815	0.0815	NUM
abr-6	194	21	1.0978	1.0978	NUM
abr-6	194	22	0.0439	0.0439	NUM
abr-6	194	23	70	70	NUM
abr-6	194	24	1.2805	1.2805	NUM
abr-6	194	25	0.0637	0.0637	NUM
abr-6	194	26	1.1762	1.1762	NUM
abr-6	194	27	0.0329	0.0329	NUM
abr-6	194	28	80	80	NUM
abr-6	194	29	1.3281	1.3281	NUM
abr-6	194	30	0.0456	0.0456	NUM
abr-6	194	31	1.2542	1.2542	NUM
abr-6	194	32	0.0247	0.0247	NUM
abr-6	194	33	90	90	NUM
abr-6	194	34	1.3694	1.3694	NUM
abr-6	194	35	0.0277	0.0277	NUM
abr-6	194	36	1.3254	1.3254	NUM
abr-6	194	37	0.0195	0.0195	NUM
abr-6	194	38	95	95	NUM
abr-6	194	39	1.3852	1.3852	NUM
abr-6	194	40	0.0221	0.0221	NUM
abr-6	194	41	1.3491	1.3491	NUM
abr-6	194	42	0.0143	0.0143	NUM
abr-6	194	43	100	100	NUM
abr-6	194	44	1.3701	1.3701	NUM
abr-6	194	45	0.0015	0.0015	NUM
abr-6	194	46	1.3457	1.3457	NUM
abr-6	194	47	0.0012	0.0012	NUM
abr-6	194	48	constant	constant	ADJ
abr-6	194	49	mix	mix	NOUN
abr-6	194	50	0	0	NUM
abr-6	194	51	0.9257	0.9257	NUM
abr-6	194	52	0.1918	0.1918	NUM
abr-6	194	53	0.6002	0.6002	NUM
abr-6	194	54	0.0989	0.0989	NUM
abr-6	194	55	10	10	NUM
abr-6	194	56	0.9842	0.9842	NUM
abr-6	194	57	0.1856	0.1856	NUM
abr-6	194	58	0.6676	0.6676	NUM
abr-6	194	59	0.0995	0.0995	NUM
abr-6	194	60	20	20	NUM
abr-6	194	61	1.0439	1.0439	NUM
abr-6	194	62	0.1786	0.1786	NUM
abr-6	194	63	0.7390	0.7390	NUM
abr-6	194	64	0.0984	0.0984	NUM
abr-6	194	65	30	30	NUM
abr-6	194	66	1.1015	1.1015	NUM
abr-6	194	67	0.1676	0.1676	NUM
abr-6	194	68	0.8137	0.8137	NUM
abr-6	194	69	0.0947	0.0947	NUM
abr-6	194	70	40	40	NUM
abr-6	194	71	1.1589	1.1589	NUM
abr-6	195	1	0.1553	0.1553	NUM
abr-6	195	2	0.8918	0.8918	NUM
abr-6	195	3	0.0885	0.0885	NUM
abr-6	195	4	50	50	NUM
abr-6	195	5	1.2120	1.2120	NUM
abr-6	195	6	0.1378	0.1378	NUM
abr-6	195	7	0.9752	0.9752	NUM
abr-6	195	8	0.0821	0.0821	NUM
abr-6	195	9	60	60	NUM
abr-6	195	10	1.2629	1.2629	NUM
abr-6	195	11	0.1178	0.1178	NUM
abr-6	195	12	1.0603	1.0603	NUM
abr-6	195	13	0.0719	0.0719	NUM
abr-6	195	14	70	70	NUM
abr-6	195	15	1.3106	1.3106	NUM
abr-6	195	16	0.0950	0.0950	NUM
abr-6	195	17	1.1497	1.1497	NUM
abr-6	195	18	0.0608	0.0608	NUM
abr-6	195	19	80	80	NUM
abr-6	195	20	1.3515	1.3515	NUM
abr-6	195	21	0.0672	0.0672	NUM
abr-6	195	22	1.2383	1.2383	NUM
abr-6	195	23	0.0451	0.0451	NUM
abr-6	195	24	90	90	NUM
abr-6	195	25	1.3841	1.3841	NUM
abr-6	195	26	0.0371	0.0371	NUM
abr-6	195	27	1.3218	1.3218	NUM
abr-6	195	28	0.0260	0.0260	NUM
abr-6	195	29	95	95	NUM
abr-6	195	30	1.3919	1.3919	NUM
abr-6	195	31	0.0233	0.0233	NUM
abr-6	195	32	1.3538	1.3538	NUM
abr-6	195	33	0.0173	0.0173	NUM
abr-6	195	34	100	100	NUM
abr-6	195	35	1.3701	1.3701	NUM
abr-6	195	36	0.0015	0.0015	NUM
abr-6	195	37	1.3457	1.3457	NUM
abr-6	195	38	0.0012	0.0012	NUM
abr-6	195	39	cppi	cppi	NOUN
abr-6	195	40	1.5	1.5	NUM
abr-6	195	41	0	0	NUM
abr-6	195	42	0.9257	0.9257	NUM
abr-6	195	43	0.1918	0.1918	NUM
abr-6	195	44	0.6002	0.6002	NUM
abr-6	195	45	0.0989	0.0989	NUM
abr-6	195	46	10	10	NUM
abr-6	195	47	0.9257	0.9257	NUM
abr-6	195	48	0.1918	0.1918	NUM
abr-6	195	49	0.6002	0.6002	NUM
abr-6	195	50	0.0990	0.0990	NUM
abr-6	195	51	20	20	NUM
abr-6	195	52	0.9229	0.9229	NUM
abr-6	195	53	0.1932	0.1932	NUM
abr-6	195	54	0.5968	0.5968	NUM
abr-6	195	55	0.1037	0.1037	NUM
abr-6	195	56	30	30	NUM
abr-6	195	57	0.8935	0.8935	NUM
abr-6	196	1	0.1765	0.1765	NUM
abr-6	196	2	0.6011	0.6011	NUM
abr-6	196	3	0.0585	0.0585	NUM
abr-6	196	4	40	40	NUM
abr-6	196	5	0.8694	0.8694	NUM
abr-6	196	6	0.1142	0.1142	NUM
abr-6	196	7	0.6803	0.6803	NUM
abr-6	196	8	0.0370	0.0370	NUM
abr-6	196	9	50	50	NUM
abr-6	196	10	0.9223	0.9223	NUM
abr-6	196	11	0.0804	0.0804	NUM
abr-6	196	12	0.7915	0.7915	NUM
abr-6	196	13	0.0284	0.0284	NUM
abr-6	196	14	60	60	NUM
abr-6	196	15	1.0128	1.0128	NUM
abr-6	196	16	0.0622	0.0622	NUM
abr-6	196	17	0.9146	0.9146	NUM
abr-6	196	18	0.0247	0.0247	NUM
abr-6	196	19	70	70	NUM
abr-6	196	20	1.1142	1.1142	NUM
abr-6	196	21	0.0487	0.0487	NUM
abr-6	196	22	1.0362	1.0362	NUM
abr-6	196	23	0.0201	0.0201	NUM
abr-6	196	24	80	80	NUM
abr-6	196	25	1.2168	1.2168	NUM
abr-6	196	26	0.0370	0.0370	NUM
abr-6	196	27	1.1577	1.1577	NUM
abr-6	196	28	0.0185	0.0185	NUM
abr-6	196	29	90	90	NUM
abr-6	196	30	1.3140	1.3140	NUM
abr-6	196	31	0.0255	0.0255	NUM
abr-6	196	32	1.2725	1.2725	NUM
abr-6	196	33	0.0164	0.0164	NUM
abr-6	196	34	95	95	NUM
abr-6	196	35	1.3584	1.3584	NUM
abr-6	196	36	0.0221	0.0221	NUM
abr-6	196	37	1.3222	1.3222	NUM
abr-6	196	38	0.0143	0.0143	NUM
abr-6	196	39	100	100	NUM
abr-6	196	40	1.3701	1.3701	NUM
abr-6	196	41	0.0015	0.0015	NUM
abr-6	196	42	1.3457	1.3457	NUM
abr-6	196	43	0.0012	0.0012	NUM
abr-6	196	44	long	long	ADJ
abr-6	196	45	-	-	PUNCT
abr-6	196	46	run	run	NOUN
abr-6	196	47	risk	risk	NOUN
abr-6	196	48	of	of	ADP
abr-6	196	49	dynamic	dynamic	ADJ
abr-6	196	50	asset	asset	NOUN
abr-6	196	51	allocation	allocation	NOUN
abr-6	196	52	strategies	strategy	NOUN
abr-6	196	53	46	46	NUM
abr-6	196	54	up	up	ADP
abr-6	196	55	for	for	ADP
abr-6	196	56	the	the	DET
abr-6	196	57	fifth	fifth	ADJ
abr-6	196	58	percentile	percentile	NOUN
abr-6	196	59	of	of	ADP
abr-6	196	60	ending	end	VERB
abr-6	196	61	wealth	wealth	NOUN
abr-6	196	62	being	be	AUX
abr-6	196	63	slightly	slightly	ADV
abr-6	196	64	lower	low	ADJ
abr-6	196	65	for	for	ADP
abr-6	196	66	the	the	DET
abr-6	196	67	buy	buy	NOUN
abr-6	196	68	and	and	CCONJ
abr-6	196	69	hold	hold	VERB
abr-6	196	70	strategy	strategy	NOUN
abr-6	196	71	than	than	ADP
abr-6	196	72	for	for	ADP
abr-6	196	73	the	the	DET
abr-6	196	74	constant	constant	ADJ
abr-6	196	75	mix	mix	NOUN
abr-6	196	76	strategy	strategy	NOUN
abr-6	196	77	.	.	PUNCT
abr-6	197	1	combined	combine	VERB
abr-6	197	2	,	,	PUNCT
abr-6	197	3	this	this	PRON
abr-6	197	4	implies	imply	VERB
abr-6	197	5	that	that	SCONJ
abr-6	197	6	the	the	DET
abr-6	197	7	average	average	ADJ
abr-6	197	8	ending	end	VERB
abr-6	197	9	wealth	wealth	NOUN
abr-6	197	10	of	of	ADP
abr-6	197	11	the	the	DET
abr-6	197	12	bottom	bottom	ADJ
abr-6	197	13	1	1	NUM
abr-6	197	14	%	%	NOUN
abr-6	197	15	and	and	CCONJ
abr-6	197	16	5	5	NUM
abr-6	197	17	%	%	NOUN
abr-6	197	18	of	of	ADP
abr-6	197	19	the	the	DET
abr-6	197	20	wealth	wealth	NOUN
abr-6	197	21	relatives	relative	NOUN
abr-6	197	22	is	be	AUX
abr-6	197	23	higher	high	ADJ
abr-6	197	24	for	for	ADP
abr-6	197	25	the	the	DET
abr-6	197	26	buy	buy	NOUN
abr-6	197	27	and	and	CCONJ
abr-6	197	28	hold	hold	VERB
abr-6	197	29	strategy	strategy	NOUN
abr-6	197	30	than	than	ADP
abr-6	197	31	for	for	ADP
abr-6	197	32	the	the	DET
abr-6	197	33	constant	constant	ADJ
abr-6	197	34	mix	mix	NOUN
abr-6	197	35	strategy	strategy	NOUN
abr-6	197	36	for	for	ADP
abr-6	197	37	almost	almost	ADV
abr-6	197	38	all	all	PRON
abr-6	197	39	floor	floor	NOUN
abr-6	197	40	percentages	percentage	NOUN
abr-6	197	41	examined	examine	VERB
abr-6	197	42	in	in	ADP
abr-6	197	43	this	this	DET
abr-6	197	44	study	study	NOUN
abr-6	197	45	.	.	PUNCT
abr-6	198	1	this	this	PRON
abr-6	198	2	is	be	AUX
abr-6	198	3	consistent	consistent	ADJ
abr-6	198	4	with	with	ADP
abr-6	198	5	the	the	DET
abr-6	198	6	hypothesis	hypothesis	NOUN
abr-6	198	7	that	that	PRON
abr-6	198	8	the	the	DET
abr-6	198	9	buy	buy	NOUN
abr-6	198	10	and	and	CCONJ
abr-6	198	11	hold	hold	VERB
abr-6	198	12	strategy	strategy	NOUN
abr-6	198	13	places	place	NOUN
abr-6	198	14	a	a	DET
abr-6	198	15	positive	positive	ADJ
abr-6	198	16	lower	low	ADJ
abr-6	198	17	limit	limit	NOUN
abr-6	198	18	on	on	ADP
abr-6	198	19	the	the	DET
abr-6	198	20	value	value	NOUN
abr-6	198	21	of	of	ADP
abr-6	198	22	the	the	DET
abr-6	198	23	portfolio	portfolio	NOUN
abr-6	198	24	while	while	SCONJ
abr-6	198	25	the	the	DET
abr-6	198	26	constant	constant	ADJ
abr-6	198	27	mix	mix	NOUN
abr-6	198	28	strategy	strategy	NOUN
abr-6	198	29	does	do	VERB
abr-6	198	30	not	not	PART
abr-6	198	31	.	.	PUNCT
abr-6	199	1	however	however	ADV
abr-6	199	2	,	,	PUNCT
abr-6	199	3	as	as	SCONJ
abr-6	199	4	table	table	NOUN
abr-6	199	5	6	6	NUM
abr-6	199	6	shows	show	NOUN
abr-6	199	7	,	,	PUNCT
abr-6	199	8	this	this	PRON
abr-6	199	9	does	do	AUX
abr-6	199	10	not	not	PART
abr-6	199	11	show	show	VERB
abr-6	199	12	up	up	ADP
abr-6	199	13	in	in	ADP
abr-6	199	14	the	the	DET
abr-6	199	15	240	240	NUM
abr-6	199	16	-	-	PUNCT
abr-6	199	17	month	month	NOUN
abr-6	199	18	results	result	NOUN
abr-6	199	19	.	.	PUNCT
abr-6	200	1	this	this	PRON
abr-6	200	2	suggests	suggest	VERB
abr-6	200	3	that	that	SCONJ
abr-6	200	4	floor	floor	NOUN
abr-6	200	5	on	on	ADP
abr-6	200	6	the	the	DET
abr-6	200	7	portfolio	portfolio	NOUN
abr-6	200	8	value	value	NOUN
abr-6	200	9	provided	provide	VERB
abr-6	200	10	by	by	ADP
abr-6	200	11	the	the	DET
abr-6	200	12	buy	buy	NOUN
abr-6	200	13	and	and	CCONJ
abr-6	200	14	hold	hold	VERB
abr-6	200	15	strategy	strategy	NOUN
abr-6	200	16	provides	provide	VERB
abr-6	200	17	less	less	ADJ
abr-6	200	18	downside	downside	ADJ
abr-6	200	19	protection	protection	NOUN
abr-6	200	20	the	the	PRON
abr-6	200	21	longer	long	ADV
abr-6	200	22	the	the	DET
abr-6	200	23	investment	investment	NOUN
abr-6	200	24	horizon	horizon	NOUN
abr-6	200	25	.	.	PUNCT
abr-6	201	1	summary	summary	NOUN
abr-6	201	2	and	and	CCONJ
abr-6	201	3	conclusion	conclusion	NOUN
abr-6	201	4	this	this	DET
abr-6	201	5	study	study	NOUN
abr-6	201	6	has	have	AUX
abr-6	201	7	focused	focus	VERB
abr-6	201	8	on	on	ADP
abr-6	201	9	the	the	DET
abr-6	201	10	following	follow	VERB
abr-6	201	11	questions	question	NOUN
abr-6	201	12	:	:	PUNCT
abr-6	201	13	(	(	PUNCT
abr-6	201	14	1	1	X
abr-6	201	15	)	)	PUNCT
abr-6	201	16	of	of	ADP
abr-6	201	17	the	the	DET
abr-6	201	18	buy	buy	NOUN
abr-6	201	19	and	and	CCONJ
abr-6	201	20	hold	hold	VERB
abr-6	201	21	,	,	PUNCT
abr-6	201	22	constant	constant	ADJ
abr-6	201	23	mix	mix	NOUN
abr-6	201	24	,	,	PUNCT
abr-6	201	25	and	and	CCONJ
abr-6	201	26	cppi	cppi	NOUN
abr-6	201	27	strategies	strategy	NOUN
abr-6	201	28	,	,	PUNCT
abr-6	201	29	which	which	DET
abr-6	201	30	strategy	strategy	NOUN
abr-6	201	31	has	have	VERB
abr-6	201	32	the	the	PRON
abr-6	201	33	most	most	ADJ
abr-6	201	34	(	(	PUNCT
abr-6	201	35	or	or	CCONJ
abr-6	201	36	the	the	DET
abr-6	201	37	least	least	ADJ
abr-6	201	38	)	)	PUNCT
abr-6	201	39	risk	risk	NOUN
abr-6	201	40	;	;	PUNCT
abr-6	201	41	(	(	PUNCT
abr-6	201	42	2	2	X
abr-6	201	43	)	)	PUNCT
abr-6	201	44	what	what	PRON
abr-6	201	45	impact	impact	NOUN
abr-6	201	46	the	the	DET
abr-6	201	47	floor	floor	NOUN
abr-6	201	48	percentage	percentage	NOUN
abr-6	201	49	has	have	VERB
abr-6	201	50	on	on	ADP
abr-6	201	51	the	the	DET
abr-6	201	52	risk	risk	NOUN
abr-6	201	53	;	;	PUNCT
abr-6	201	54	(	(	PUNCT
abr-6	201	55	3	3	X
abr-6	201	56	)	)	PUNCT
abr-6	201	57	whether	whether	SCONJ
abr-6	201	58	the	the	DET
abr-6	201	59	answers	answer	NOUN
abr-6	201	60	to	to	ADP
abr-6	201	61	the	the	DET
abr-6	201	62	first	first	ADJ
abr-6	201	63	two	two	NUM
abr-6	201	64	questions	question	NOUN
abr-6	201	65	are	be	AUX
abr-6	201	66	the	the	DET
abr-6	201	67	same	same	ADJ
abr-6	201	68	for	for	ADP
abr-6	201	69	all	all	DET
abr-6	201	70	risk	risk	NOUN
abr-6	201	71	measures	measure	NOUN
abr-6	201	72	.	.	PUNCT
abr-6	202	1	in	in	ADP
abr-6	202	2	addition	addition	NOUN
abr-6	202	3	,	,	PUNCT
abr-6	202	4	this	this	DET
abr-6	202	5	study	study	NOUN
abr-6	202	6	has	have	AUX
abr-6	202	7	examined	examine	VERB
abr-6	202	8	what	what	DET
abr-6	202	9	effect	effect	NOUN
abr-6	202	10	,	,	PUNCT
abr-6	202	11	if	if	SCONJ
abr-6	202	12	any	any	PRON
abr-6	202	13	,	,	PUNCT
abr-6	202	14	the	the	DET
abr-6	202	15	choice	choice	NOUN
abr-6	202	16	of	of	ADP
abr-6	202	17	investment	investment	NOUN
abr-6	202	18	horizon	horizon	NOUN
abr-6	202	19	has	have	VERB
abr-6	202	20	on	on	ADP
abr-6	202	21	the	the	DET
abr-6	202	22	answers	answer	NOUN
abr-6	202	23	to	to	ADP
abr-6	202	24	the	the	DET
abr-6	202	25	first	first	ADJ
abr-6	202	26	three	three	NUM
abr-6	202	27	questions	question	NOUN
abr-6	202	28	.	.	PUNCT
abr-6	203	1	the	the	DET
abr-6	203	2	study	study	NOUN
abr-6	203	3	makes	make	VERB
abr-6	203	4	no	no	DET
abr-6	203	5	attempt	attempt	NOUN
abr-6	203	6	to	to	PART
abr-6	203	7	determine	determine	VERB
abr-6	203	8	which	which	DET
abr-6	203	9	strategy	strategy	NOUN
abr-6	203	10	is	be	AUX
abr-6	203	11	optimal	optimal	ADJ
abr-6	203	12	;	;	PUNCT
abr-6	203	13	this	this	PRON
abr-6	203	14	would	would	AUX
abr-6	203	15	depend	depend	VERB
abr-6	203	16	on	on	ADP
abr-6	203	17	not	not	PART
abr-6	203	18	only	only	ADV
abr-6	203	19	on	on	ADP
abr-6	203	20	how	how	SCONJ
abr-6	203	21	the	the	DET
abr-6	203	22	investor	investor	NOUN
abr-6	203	23	perceives	perceive	VERB
abr-6	203	24	risk	risk	NOUN
abr-6	203	25	,	,	PUNCT
abr-6	203	26	but	but	CCONJ
abr-6	203	27	also	also	ADV
abr-6	203	28	on	on	ADP
abr-6	203	29	the	the	DET
abr-6	203	30	investor	investor	NOUN
abr-6	203	31	’s	’s	PART
abr-6	203	32	risk	risk	NOUN
abr-6	203	33	tolerance	tolerance	NOUN
abr-6	203	34	and	and	CCONJ
abr-6	203	35	return	return	NOUN
abr-6	203	36	target	target	NOUN
abr-6	203	37	.	.	PUNCT
abr-6	204	1	this	this	DET
abr-6	204	2	study	study	NOUN
abr-6	204	3	generally	generally	ADV
abr-6	204	4	finds	find	VERB
abr-6	204	5	the	the	DET
abr-6	204	6	cppi	cppi	NOUN
abr-6	204	7	strategy	strategy	NOUN
abr-6	204	8	to	to	PART
abr-6	204	9	be	be	AUX
abr-6	204	10	the	the	DET
abr-6	204	11	riskiest	risky	ADJ
abr-6	204	12	and	and	CCONJ
abr-6	204	13	the	the	DET
abr-6	204	14	constant	constant	ADJ
abr-6	204	15	mix	mix	NOUN
abr-6	204	16	strategy	strategy	NOUN
abr-6	204	17	to	to	PART
abr-6	204	18	be	be	AUX
abr-6	204	19	least	least	ADV
abr-6	204	20	risky	risky	ADJ
abr-6	204	21	of	of	ADP
abr-6	204	22	the	the	DET
abr-6	204	23	three	three	NUM
abr-6	204	24	strategies	strategy	NOUN
abr-6	204	25	.	.	PUNCT
abr-6	205	1	consistent	consistent	ADJ
abr-6	205	2	with	with	ADP
abr-6	205	3	expectations	expectation	NOUN
abr-6	205	4	,	,	PUNCT
abr-6	205	5	the	the	DET
abr-6	205	6	strategies	strategy	NOUN
abr-6	205	7	which	which	PRON
abr-6	205	8	involve	involve	VERB
abr-6	205	9	the	the	DET
abr-6	205	10	greatest	great	ADJ
abr-6	205	11	investment	investment	NOUN
abr-6	205	12	in	in	ADP
abr-6	205	13	common	common	ADJ
abr-6	205	14	stocks	stock	NOUN
abr-6	205	15	showed	show	VERB
abr-6	205	16	the	the	DET
abr-6	205	17	greatest	great	ADJ
abr-6	205	18	variance	variance	NOUN
abr-6	205	19	of	of	ADP
abr-6	205	20	ending	end	VERB
abr-6	205	21	wealth	wealth	NOUN
abr-6	205	22	.	.	PUNCT
abr-6	206	1	also	also	ADV
abr-6	206	2	generally	generally	ADV
abr-6	206	3	consistent	consistent	ADJ
abr-6	206	4	with	with	ADP
abr-6	206	5	expectations	expectation	NOUN
abr-6	206	6	,	,	PUNCT
abr-6	206	7	as	as	SCONJ
abr-6	206	8	the	the	DET
abr-6	206	9	floor	floor	NOUN
abr-6	206	10	percentage	percentage	NOUN
abr-6	206	11	decreases	decrease	VERB
abr-6	206	12	the	the	DET
abr-6	206	13	mean	mean	ADJ
abr-6	206	14	absolute	absolute	ADJ
abr-6	206	15	deviation	deviation	NOUN
abr-6	206	16	and	and	CCONJ
abr-6	206	17	variance	variance	NOUN
abr-6	206	18	of	of	ADP
abr-6	206	19	ending	end	VERB
abr-6	206	20	wealth	wealth	NOUN
abr-6	206	21	increased	increase	VERB
abr-6	206	22	in	in	ADP
abr-6	206	23	most	most	ADJ
abr-6	206	24	cases	case	NOUN
abr-6	206	25	,	,	PUNCT
abr-6	206	26	the	the	DET
abr-6	206	27	exception	exception	NOUN
abr-6	206	28	being	be	AUX
abr-6	206	29	the	the	DET
abr-6	206	30	constant	constant	ADJ
abr-6	206	31	proportion	proportion	NOUN
abr-6	206	32	portfolio	portfolio	NOUN
abr-6	206	33	insurance	insurance	NOUN
abr-6	206	34	strategy	strategy	NOUN
abr-6	206	35	with	with	ADP
abr-6	206	36	a	a	DET
abr-6	206	37	floor	floor	NOUN
abr-6	206	38	percentage	percentage	NOUN
abr-6	206	39	below	below	ADP
abr-6	206	40	approximately	approximately	ADV
abr-6	206	41	1	1	NUM
abr-6	206	42	-	-	SYM
abr-6	206	43	1	1	NUM
abr-6	206	44	/	/	SYM
abr-6	206	45	cppi	cppi	NOUN
abr-6	206	46	multiplier	multipli	ADJ
abr-6	206	47	.	.	PUNCT
abr-6	207	1	even	even	ADV
abr-6	207	2	though	though	SCONJ
abr-6	207	3	variance	variance	NOUN
abr-6	207	4	is	be	AUX
abr-6	207	5	the	the	DET
abr-6	207	6	most	most	ADV
abr-6	207	7	traditional	traditional	ADJ
abr-6	207	8	risk	risk	NOUN
abr-6	207	9	measure	measure	NOUN
abr-6	207	10	used	use	VERB
abr-6	207	11	in	in	ADP
abr-6	207	12	this	this	DET
abr-6	207	13	study	study	NOUN
abr-6	207	14	,	,	PUNCT
abr-6	207	15	the	the	DET
abr-6	207	16	other	other	ADJ
abr-6	207	17	risk	risk	NOUN
abr-6	207	18	measures	measure	NOUN
abr-6	207	19	based	base	VERB
abr-6	207	20	on	on	ADP
abr-6	207	21	deviations	deviation	NOUN
abr-6	207	22	from	from	ADP
abr-6	207	23	the	the	DET
abr-6	207	24	mean	mean	ADJ
abr-6	207	25	—	—	PUNCT
abr-6	207	26	semi	semi	ADJ
abr-6	207	27	-	-	NOUN
abr-6	207	28	variance	variance	NOUN
abr-6	207	29	and	and	CCONJ
abr-6	207	30	mean	mean	VERB
abr-6	207	31	absolute	absolute	ADJ
abr-6	207	32	deviation	deviation	NOUN
abr-6	207	33	—	—	PUNCT
abr-6	207	34	yield	yield	VERB
abr-6	207	35	the	the	DET
abr-6	207	36	same	same	ADJ
abr-6	207	37	conclusions	conclusion	NOUN
abr-6	207	38	regarding	regard	VERB
abr-6	207	39	the	the	DET
abr-6	207	40	risk	risk	NOUN
abr-6	207	41	of	of	ADP
abr-6	207	42	the	the	DET
abr-6	207	43	strategies	strategy	NOUN
abr-6	207	44	relative	relative	ADJ
abr-6	207	45	to	to	ADP
abr-6	207	46	each	each	DET
abr-6	207	47	other	other	ADJ
abr-6	207	48	and	and	CCONJ
abr-6	207	49	regarding	regard	VERB
abr-6	207	50	the	the	DET
abr-6	207	51	relationship	relationship	NOUN
abr-6	207	52	between	between	ADP
abr-6	207	53	risk	risk	NOUN
abr-6	207	54	and	and	CCONJ
abr-6	207	55	the	the	DET
abr-6	207	56	floor	floor	NOUN
abr-6	207	57	percentage	percentage	NOUN
abr-6	207	58	.	.	PUNCT
abr-6	208	1	in	in	ADP
abr-6	208	2	addition	addition	NOUN
abr-6	208	3	,	,	PUNCT
abr-6	208	4	the	the	DET
abr-6	208	5	risk	risk	NOUN
abr-6	208	6	measures	measure	NOUN
abr-6	208	7	based	base	VERB
abr-6	208	8	on	on	ADP
abr-6	208	9	deviations	deviation	NOUN
abr-6	208	10	below	below	ADP
abr-6	208	11	the	the	DET
abr-6	208	12	risk	risk	NOUN
abr-6	208	13	-	-	PUNCT
abr-6	208	14	free	free	ADJ
abr-6	208	15	rate	rate	NOUN
abr-6	208	16	yielded	yield	VERB
abr-6	208	17	the	the	DET
abr-6	208	18	same	same	ADJ
abr-6	208	19	conclusions	conclusion	NOUN
abr-6	208	20	.	.	PUNCT
abr-6	209	1	if	if	SCONJ
abr-6	209	2	this	this	PRON
abr-6	209	3	were	be	AUX
abr-6	209	4	the	the	DET
abr-6	209	5	case	case	NOUN
abr-6	209	6	for	for	ADP
abr-6	209	7	all	all	DET
abr-6	209	8	risk	risk	NOUN
abr-6	209	9	measures	measure	NOUN
abr-6	209	10	,	,	PUNCT
abr-6	209	11	the	the	DET
abr-6	209	12	question	question	NOUN
abr-6	209	13	of	of	ADP
abr-6	209	14	what	what	DET
abr-6	209	15	risk	risk	NOUN
abr-6	209	16	measure	measure	NOUN
abr-6	209	17	to	to	PART
abr-6	209	18	use	use	VERB
abr-6	209	19	would	would	AUX
abr-6	209	20	be	be	AUX
abr-6	209	21	largely	largely	ADV
abr-6	209	22	moot	moot	ADJ
abr-6	209	23	.	.	PUNCT
abr-6	210	1	however	however	ADV
abr-6	210	2	,	,	PUNCT
abr-6	210	3	it	it	PRON
abr-6	210	4	is	be	AUX
abr-6	210	5	not	not	PART
abr-6	210	6	the	the	DET
abr-6	210	7	case	case	NOUN
abr-6	210	8	.	.	PUNCT
abr-6	211	1	for	for	ADP
abr-6	211	2	the	the	DET
abr-6	211	3	other	other	ADJ
abr-6	211	4	risk	risk	NOUN
abr-6	211	5	measures	measure	NOUN
abr-6	211	6	examined	examine	VERB
abr-6	211	7	in	in	ADP
abr-6	211	8	this	this	DET
abr-6	211	9	study	study	NOUN
abr-6	211	10	no	no	DET
abr-6	211	11	strategy	strategy	NOUN
abr-6	211	12	was	be	AUX
abr-6	211	13	consistently	consistently	ADV
abr-6	211	14	the	the	DET
abr-6	211	15	most	most	ADJ
abr-6	211	16	—	—	PUNCT
abr-6	211	17	or	or	CCONJ
abr-6	211	18	the	the	DET
abr-6	211	19	least	least	ADJ
abr-6	211	20	—	—	PUNCT
abr-6	211	21	risky	risky	ADJ
abr-6	211	22	.	.	PUNCT
abr-6	212	1	this	this	PRON
abr-6	212	2	raises	raise	VERB
abr-6	212	3	the	the	DET
abr-6	212	4	question	question	NOUN
abr-6	212	5	of	of	ADP
abr-6	212	6	which	which	DET
abr-6	212	7	risk	risk	NOUN
abr-6	212	8	measure	measure	NOUN
abr-6	212	9	is	be	AUX
abr-6	212	10	the	the	DET
abr-6	212	11	best	good	ADJ
abr-6	212	12	to	to	PART
abr-6	212	13	use	use	VERB
abr-6	212	14	.	.	PUNCT
abr-6	213	1	there	there	PRON
abr-6	213	2	is	be	VERB
abr-6	213	3	no	no	DET
abr-6	213	4	clear	clear	ADJ
abr-6	213	5	answer	answer	NOUN
abr-6	213	6	to	to	ADP
abr-6	213	7	this	this	DET
abr-6	213	8	question	question	NOUN
abr-6	213	9	.	.	PUNCT
abr-6	214	1	traditional	traditional	ADJ
abr-6	214	2	finance	finance	NOUN
abr-6	214	3	theory	theory	NOUN
abr-6	214	4	suggests	suggest	VERB
abr-6	214	5	that	that	SCONJ
abr-6	214	6	variance	variance	NOUN
abr-6	214	7	is	be	AUX
abr-6	214	8	the	the	DET
abr-6	214	9	best	good	ADJ
abr-6	214	10	risk	risk	NOUN
abr-6	214	11	measure	measure	NOUN
abr-6	214	12	.	.	PUNCT
abr-6	215	1	however	however	ADV
abr-6	215	2	,	,	PUNCT
abr-6	215	3	evidence	evidence	NOUN
abr-6	215	4	that	that	SCONJ
abr-6	215	5	investors	investor	NOUN
abr-6	215	6	prefer	prefer	VERB
abr-6	215	7	positive	positive	ADJ
abr-6	215	8	skewness	skewness	NOUN
abr-6	215	9	(	(	PUNCT
abr-6	215	10	kraus	kraus	PROPN
abr-6	215	11	and	and	CCONJ
abr-6	215	12	litzenberger	litzenberger	NOUN
abr-6	215	13	1976	1976	NUM
abr-6	215	14	)	)	PUNCT
abr-6	215	15	and	and	CCONJ
abr-6	215	16	that	that	SCONJ
abr-6	215	17	deviations	deviation	NOUN
abr-6	215	18	below	below	ADP
abr-6	215	19	the	the	DET
abr-6	215	20	mean	mean	ADJ
abr-6	215	21	weigh	weigh	NOUN
abr-6	215	22	two	two	NUM
abr-6	215	23	or	or	CCONJ
abr-6	215	24	more	more	ADJ
abr-6	215	25	times	time	NOUN
abr-6	215	26	as	as	ADV
abr-6	215	27	heavily	heavily	ADV
abr-6	215	28	on	on	ADP
abr-6	215	29	investors	investor	NOUN
abr-6	215	30	’	’	PART
abr-6	215	31	minds	mind	NOUN
abr-6	215	32	than	than	ADP
abr-6	215	33	deviations	deviation	NOUN
abr-6	215	34	of	of	ADP
abr-6	215	35	equal	equal	ADJ
abr-6	215	36	magnitude	magnitude	NOUN
abr-6	215	37	above	above	ADP
abr-6	215	38	the	the	DET
abr-6	215	39	mean	mean	ADJ
abr-6	215	40	(	(	PUNCT
abr-6	215	41	tversky	tversky	NOUN
abr-6	215	42	1990	1990	NUM
abr-6	215	43	)	)	PUNCT
abr-6	215	44	suggests	suggest	VERB
abr-6	215	45	that	that	SCONJ
abr-6	215	46	downside	downside	ADJ
abr-6	215	47	risk	risk	NOUN
abr-6	215	48	measures	measure	NOUN
abr-6	215	49	are	be	AUX
abr-6	215	50	more	more	ADV
abr-6	215	51	appropriate	appropriate	ADJ
abr-6	215	52	than	than	ADP
abr-6	215	53	risk	risk	NOUN
abr-6	215	54	measures	measure	NOUN
abr-6	215	55	which	which	PRON
abr-6	215	56	consider	consider	VERB
abr-6	215	57	upside	upside	ADV
abr-6	215	58	and	and	CCONJ
abr-6	215	59	downside	downside	ADJ
abr-6	215	60	deviations	deviation	NOUN
abr-6	215	61	equally	equally	ADV
abr-6	215	62	.	.	PUNCT
abr-6	216	1	although	although	SCONJ
abr-6	216	2	shortfall	shortfall	NOUN
abr-6	216	3	probabilities	probability	NOUN
abr-6	216	4	and	and	CCONJ
abr-6	216	5	value	value	NOUN
abr-6	216	6	at	at	ADP
abr-6	216	7	risk	risk	NOUN
abr-6	216	8	,	,	PUNCT
abr-6	216	9	which	which	PRON
abr-6	216	10	are	be	AUX
abr-6	216	11	measures	measure	NOUN
abr-6	216	12	of	of	ADP
abr-6	216	13	the	the	DET
abr-6	216	14	mere	mere	ADJ
abr-6	216	15	probability	probability	NOUN
abr-6	216	16	of	of	ADP
abr-6	216	17	a	a	DET
abr-6	216	18	sufficiently	sufficiently	ADV
abr-6	216	19	poor	poor	ADJ
abr-6	216	20	outcome	outcome	NOUN
abr-6	216	21	,	,	PUNCT
abr-6	216	22	have	have	AUX
abr-6	216	23	been	be	AUX
abr-6	216	24	criticized	criticize	VERB
abr-6	216	25	for	for	ADP
abr-6	216	26	being	be	AUX
abr-6	216	27	too	too	ADV
abr-6	216	28	simplistic	simplistic	ADJ
abr-6	216	29	in	in	ADP
abr-6	216	30	that	that	SCONJ
abr-6	216	31	they	they	PRON
abr-6	216	32	ignore	ignore	VERB
abr-6	216	33	the	the	DET
abr-6	216	34	severity	severity	NOUN
abr-6	216	35	of	of	ADP
abr-6	216	36	the	the	DET
abr-6	216	37	shortfall	shortfall	NOUN
abr-6	216	38	,	,	PUNCT
abr-6	216	39	they	they	PRON
abr-6	216	40	have	have	VERB
abr-6	216	41	their	their	PRON
abr-6	216	42	uses	use	NOUN
abr-6	216	43	.	.	PUNCT
abr-6	217	1	for	for	ADP
abr-6	217	2	example	example	NOUN
abr-6	217	3	,	,	PUNCT
abr-6	217	4	using	use	VERB
abr-6	217	5	the	the	DET
abr-6	217	6	probability	probability	NOUN
abr-6	217	7	of	of	ADP
abr-6	217	8	loss	loss	NOUN
abr-6	217	9	as	as	ADP
abr-6	217	10	a	a	DET
abr-6	217	11	risk	risk	NOUN
abr-6	217	12	measure	measure	NOUN
abr-6	217	13	is	be	AUX
abr-6	217	14	consistent	consistent	ADJ
abr-6	217	15	with	with	ADP
abr-6	217	16	an	an	DET
abr-6	217	17	individual	individual	ADJ
abr-6	217	18	viewing	view	VERB
abr-6	217	19	risk	risk	NOUN
abr-6	217	20	as	as	ADP
abr-6	217	21	the	the	DET
abr-6	217	22	possibility	possibility	NOUN
abr-6	217	23	of	of	ADP
abr-6	217	24	losing	lose	VERB
abr-6	217	25	money	money	NOUN
abr-6	217	26	(	(	PUNCT
abr-6	217	27	kaiser	kaiser	NOUN
abr-6	217	28	1990	1990	NUM
abr-6	217	29	)	)	PUNCT
abr-6	217	30	.	.	PUNCT
abr-6	218	1	also	also	ADV
abr-6	218	2	,	,	PUNCT
abr-6	218	3	value	value	NOUN
abr-6	218	4	at	at	ADP
abr-6	218	5	risk	risk	NOUN
abr-6	218	6	is	be	AUX
abr-6	218	7	commonly	commonly	ADV
abr-6	218	8	used	use	VERB
abr-6	218	9	in	in	ADP
abr-6	218	10	financial	financial	ADJ
abr-6	218	11	institution	institution	NOUN
abr-6	218	12	risk	risk	NOUN
abr-6	218	13	management	management	NOUN
abr-6	218	14	.	.	PUNCT
abr-6	219	1	finally	finally	ADV
abr-6	219	2	,	,	PUNCT
abr-6	219	3	investment	investment	NOUN
abr-6	219	4	policy	policy	NOUN
abr-6	219	5	statements	statement	NOUN
abr-6	219	6	may	may	AUX
abr-6	219	7	specify	specify	VERB
abr-6	219	8	that	that	SCONJ
abr-6	219	9	the	the	DET
abr-6	219	10	mere	mere	ADJ
abr-6	219	11	fact	fact	NOUN
abr-6	219	12	that	that	SCONJ
abr-6	219	13	a	a	DET
abr-6	219	14	portfolio	portfolio	NOUN
abr-6	219	15	manager	manager	NOUN
abr-6	219	16	earns	earn	VERB
abr-6	219	17	less	less	ADJ
abr-6	219	18	than	than	ADP
abr-6	219	19	a	a	DET
abr-6	219	20	specified	specified	ADJ
abr-6	219	21	rate	rate	NOUN
abr-6	219	22	of	of	ADP
abr-6	219	23	return	return	NOUN
abr-6	219	24	over	over	ADP
abr-6	219	25	a	a	DET
abr-6	219	26	specified	specified	ADJ
abr-6	219	27	period	period	NOUN
abr-6	219	28	may	may	AUX
abr-6	219	29	be	be	AUX
abr-6	219	30	grounds	ground	NOUN
abr-6	219	31	for	for	SCONJ
abr-6	219	32	the	the	DET
abr-6	219	33	portfolio	portfolio	NOUN
abr-6	219	34	manager	manager	NOUN
abr-6	219	35	being	be	AUX
abr-6	219	36	replaced	replace	VERB
abr-6	219	37	(	(	PUNCT
abr-6	219	38	trone	trone	NOUN
abr-6	219	39	,	,	PUNCT
abr-6	219	40	allbright	allbright	NOUN
abr-6	219	41	,	,	PUNCT
abr-6	219	42	and	and	CCONJ
abr-6	219	43	taylor	taylor	PROPN
abr-6	219	44	1996	1996	NUM
abr-6	219	45	)	)	PUNCT
abr-6	219	46	.	.	PUNCT
abr-6	220	1	even	even	ADV
abr-6	220	2	if	if	SCONJ
abr-6	220	3	the	the	DET
abr-6	220	4	magnitude	magnitude	NOUN
abr-6	220	5	of	of	ADP
abr-6	220	6	the	the	DET
abr-6	220	7	shortfall	shortfall	NOUN
abr-6	220	8	is	be	AUX
abr-6	220	9	considered	consider	VERB
abr-6	220	10	,	,	PUNCT
abr-6	220	11	there	there	PRON
abr-6	220	12	is	be	VERB
abr-6	220	13	no	no	DET
abr-6	220	14	theoretical	theoretical	ADJ
abr-6	220	15	reason	reason	NOUN
abr-6	220	16	that	that	SCONJ
abr-6	220	17	howe	howe	NOUN
abr-6	220	18	&	&	CCONJ
abr-6	220	19	pope	pope	PROPN
abr-6	220	20	47	47	NUM
abr-6	220	21	table	table	NOUN
abr-6	220	22	6	6	NUM
abr-6	220	23	.	.	PUNCT
abr-6	221	1	lower	low	ADJ
abr-6	221	2	percentiles	percentile	NOUN
abr-6	221	3	and	and	CCONJ
abr-6	221	4	conditional	conditional	ADJ
abr-6	221	5	value	value	NOUN
abr-6	221	6	at	at	ADP
abr-6	221	7	risk	risk	NOUN
abr-6	221	8	—	—	PUNCT
abr-6	221	9	240	240	NUM
abr-6	221	10	month	month	NOUN
abr-6	221	11	investment	investment	NOUN
abr-6	221	12	horizon	horizon	NOUN
abr-6	221	13	floor	floor	NOUN
abr-6	221	14	%	%	NOUN
abr-6	221	15	5th	5th	ADJ
abr-6	221	16	percentile	percentile	ADJ
abr-6	221	17	95	95	NUM
abr-6	221	18	%	%	NOUN
abr-6	221	19	cvar	cvar	PROPN
abr-6	221	20	1st	1st	PROPN
abr-6	221	21	percentile	percentile	ADJ
abr-6	221	22	99	99	NUM
abr-6	221	23	%	%	NOUN
abr-6	221	24	cvar	cvar	NOUN
abr-6	221	25	buy	buy	NOUN
abr-6	221	26	and	and	CCONJ
abr-6	221	27	hold	hold	VERB
abr-6	221	28	0	0	NUM
abr-6	221	29	1.5768	1.5768	NUM
abr-6	221	30	0.4172	0.4172	NUM
abr-6	221	31	0.8782	0.8782	NUM
abr-6	221	32	0.1989	0.1989	NUM
abr-6	221	33	10	10	NUM
abr-6	221	34	1.6244	1.6244	NUM
abr-6	221	35	0.3758	0.3758	NUM
abr-6	221	36	0.9924	0.9924	NUM
abr-6	221	37	0.1769	0.1769	NUM
abr-6	221	38	20	20	NUM
abr-6	221	39	1.6717	1.6717	NUM
abr-6	221	40	0.3343	0.3343	NUM
abr-6	221	41	1.1163	1.1163	NUM
abr-6	221	42	0.1651	0.1651	NUM
abr-6	221	43	30	30	NUM
abr-6	221	44	1.7190	1.7190	NUM
abr-6	221	45	0.2930	0.2930	NUM
abr-6	221	46	1.2284	1.2284	NUM
abr-6	221	47	0.1421	0.1421	NUM
abr-6	221	48	40	40	NUM
abr-6	221	49	1.7708	1.7708	NUM
abr-6	221	50	0.2564	0.2564	NUM
abr-6	221	51	1.3489	1.3489	NUM
abr-6	221	52	0.1282	0.1282	NUM
abr-6	221	53	50	50	NUM
abr-6	221	54	1.8153	1.8153	NUM
abr-6	221	55	0.2131	0.2131	NUM
abr-6	222	1	1.4617	1.4617	NUM
abr-6	222	2	0.1077	0.1077	NUM
abr-6	222	3	60	60	NUM
abr-6	222	4	1.8599	1.8599	NUM
abr-6	222	5	0.1708	0.1708	NUM
abr-6	222	6	1.5752	1.5752	NUM
abr-6	222	7	0.0894	0.0894	NUM
abr-6	222	8	70	70	NUM
abr-6	222	9	1.9077	1.9077	NUM
abr-6	222	10	0.1332	0.1332	NUM
abr-6	222	11	1.6863	1.6863	NUM
abr-6	222	12	0.0714	0.0714	NUM
abr-6	222	13	80	80	NUM
abr-6	222	14	1.9502	1.9502	NUM
abr-6	222	15	0.0942	0.0942	NUM
abr-6	222	16	1.7940	1.7940	NUM
abr-6	222	17	0.0573	0.0573	NUM
abr-6	222	18	90	90	NUM
abr-6	222	19	1.9863	1.9863	NUM
abr-6	222	20	0.0616	0.0616	NUM
abr-6	222	21	1.8851	1.8851	NUM
abr-6	222	22	0.0422	0.0422	NUM
abr-6	222	23	95	95	NUM
abr-6	222	24	1.9899	1.9899	NUM
abr-6	222	25	0.0468	0.0468	NUM
abr-6	223	1	1.9101	1.9101	NUM
abr-6	223	2	0.0277	0.0277	NUM
abr-6	223	3	100	100	NUM
abr-6	223	4	1.9232	1.9232	NUM
abr-6	223	5	0.0301	0.0301	NUM
abr-6	223	6	1.8746	1.8746	NUM
abr-6	223	7	0.0222	0.0222	NUM
abr-6	223	8	constant	constant	ADJ
abr-6	223	9	mix	mix	NOUN
abr-6	223	10	0	0	NUM
abr-6	223	11	1.5768	1.5768	NUM
abr-6	223	12	0.4172	0.4172	NUM
abr-6	223	13	0.8782	0.8782	NUM
abr-6	223	14	0.1989	0.1989	NUM
abr-6	223	15	10	10	NUM
abr-6	223	16	1.6831	1.6831	NUM
abr-6	223	17	0.4137	0.4137	NUM
abr-6	223	18	0.9979	0.9979	NUM
abr-6	223	19	0.2118	0.2118	NUM
abr-6	223	20	20	20	NUM
abr-6	223	21	1.7788	1.7788	NUM
abr-6	223	22	0.4005	0.4005	NUM
abr-6	223	23	1.1220	1.1220	NUM
abr-6	223	24	0.2203	0.2203	NUM
abr-6	223	25	30	30	NUM
abr-6	223	26	1.8607	1.8607	NUM
abr-6	223	27	0.3757	0.3757	NUM
abr-6	223	28	1.2435	1.2435	NUM
abr-6	223	29	0.2182	0.2182	NUM
abr-6	223	30	40	40	NUM
abr-6	223	31	1.9327	1.9327	NUM
abr-6	223	32	0.3450	0.3450	NUM
abr-6	223	33	1.3658	1.3658	NUM
abr-6	223	34	0.2098	0.2098	NUM
abr-6	223	35	50	50	NUM
abr-6	223	36	1.9903	1.9903	NUM
abr-6	223	37	0.3055	0.3055	NUM
abr-6	223	38	1.4943	1.4943	NUM
abr-6	223	39	0.2010	0.2010	NUM
abr-6	223	40	60	60	NUM
abr-6	223	41	2.0264	2.0264	NUM
abr-6	223	42	0.2520	0.2520	NUM
abr-6	223	43	1.6114	1.6114	NUM
abr-6	223	44	0.1759	0.1759	NUM
abr-6	223	45	70	70	NUM
abr-6	224	1	2.0509	2.0509	NUM
abr-6	224	2	0.1964	0.1964	NUM
abr-6	224	3	1.7322	1.7322	NUM
abr-6	224	4	0.1512	0.1512	NUM
abr-6	224	5	80	80	NUM
abr-6	224	6	2.0593	2.0593	NUM
abr-6	224	7	0.1372	0.1372	NUM
abr-6	224	8	1.8394	1.8394	NUM
abr-6	224	9	0.1145	0.1145	NUM
abr-6	224	10	90	90	NUM
abr-6	224	11	2.0432	2.0432	NUM
abr-6	224	12	0.0757	0.0757	NUM
abr-6	224	13	1.9188	1.9188	NUM
abr-6	224	14	0.0634	0.0634	NUM
abr-6	224	15	95	95	NUM
abr-6	224	16	2.0150	2.0150	NUM
abr-6	224	17	0.0484	0.0484	NUM
abr-6	224	18	1.9355	1.9355	NUM
abr-6	224	19	0.0358	0.0358	NUM
abr-6	224	20	100	100	NUM
abr-6	224	21	1.9232	1.9232	NUM
abr-6	224	22	0.0301	0.0301	NUM
abr-6	224	23	1.8746	1.8746	NUM
abr-6	224	24	0.0222	0.0222	NUM
abr-6	224	25	cppi	cppi	NOUN
abr-6	224	26	1.5	1.5	NUM
abr-6	224	27	0	0	NUM
abr-6	224	28	1.5768	1.5768	NUM
abr-6	224	29	0.4172	0.4172	NUM
abr-6	224	30	0.8782	0.8782	NUM
abr-6	224	31	0.1989	0.1989	NUM
abr-6	224	32	10	10	NUM
abr-6	224	33	1.5768	1.5768	NUM
abr-6	224	34	0.4177	0.4177	NUM
abr-6	224	35	0.8749	0.8749	NUM
abr-6	224	36	0.1976	0.1976	NUM
abr-6	224	37	20	20	NUM
abr-6	224	38	1.5713	1.5713	NUM
abr-6	224	39	0.4404	0.4404	NUM
abr-6	224	40	0.8226	0.8226	NUM
abr-6	224	41	0.1711	0.1711	NUM
abr-6	224	42	30	30	NUM
abr-6	224	43	1.4872	1.4872	NUM
abr-6	224	44	0.4147	0.4147	NUM
abr-6	224	45	0.8244	0.8244	NUM
abr-6	224	46	0.0905	0.0905	NUM
abr-6	224	47	40	40	NUM
abr-6	224	48	1.3280	1.3280	NUM
abr-6	224	49	0.2483	0.2483	NUM
abr-6	224	50	0.9395	0.9395	NUM
abr-6	224	51	0.0551	0.0551	NUM
abr-6	224	52	50	50	NUM
abr-6	224	53	1.3364	1.3364	NUM
abr-6	224	54	0.1461	0.1461	NUM
abr-6	224	55	1.0996	1.0996	NUM
abr-6	224	56	0.0430	0.0430	NUM
abr-6	224	57	60	60	NUM
abr-6	224	58	1.4484	1.4484	NUM
abr-6	224	59	0.1056	0.1056	NUM
abr-6	224	60	1.2768	1.2768	NUM
abr-6	224	61	0.0415	0.0415	NUM
abr-6	224	62	70	70	NUM
abr-6	224	63	1.5901	1.5901	NUM
abr-6	224	64	0.0831	0.0831	NUM
abr-6	224	65	1.4541	1.4541	NUM
abr-6	224	66	0.0402	0.0402	NUM
abr-6	224	67	80	80	NUM
abr-6	224	68	1.7396	1.7396	NUM
abr-6	224	69	0.0685	0.0685	NUM
abr-6	224	70	1.6272	1.6272	NUM
abr-6	224	71	0.0386	0.0386	NUM
abr-6	224	72	90	90	NUM
abr-6	224	73	1.8790	1.8790	NUM
abr-6	224	74	0.0545	0.0545	NUM
abr-6	224	75	1.7880	1.7880	NUM
abr-6	224	76	0.0320	0.0320	NUM
abr-6	224	77	95	95	NUM
abr-6	224	78	1.9366	1.9366	NUM
abr-6	224	79	0.0468	0.0468	NUM
abr-6	224	80	1.8586	1.8586	NUM
abr-6	224	81	0.0265	0.0265	NUM
abr-6	224	82	100	100	NUM
abr-6	224	83	1.9232	1.9232	NUM
abr-6	224	84	0.0301	0.0301	NUM
abr-6	224	85	1.8746	1.8746	NUM
abr-6	224	86	0.0222	0.0222	NUM
abr-6	224	87	long	long	ADV
abr-6	224	88	-	-	PUNCT
abr-6	224	89	run	run	NOUN
abr-6	224	90	risk	risk	NOUN
abr-6	224	91	of	of	ADP
abr-6	224	92	dynamic	dynamic	ADJ
abr-6	224	93	asset	asset	NOUN
abr-6	224	94	allocation	allocation	NOUN
abr-6	224	95	strategies	strategy	NOUN
abr-6	224	96	48	48	NUM
abr-6	224	97	investors	investor	NOUN
abr-6	224	98	’	'	PUNCT
abr-6	224	99	utility	utility	NOUN
abr-6	224	100	is	be	AUX
abr-6	224	101	inversely	inversely	ADV
abr-6	224	102	proportional	proportional	ADJ
abr-6	224	103	to	to	ADP
abr-6	224	104	the	the	DET
abr-6	224	105	square	square	NOUN
abr-6	224	106	,	,	PUNCT
abr-6	224	107	or	or	CCONJ
abr-6	224	108	any	any	DET
abr-6	224	109	other	other	ADJ
abr-6	224	110	given	give	VERB
abr-6	224	111	power	power	NOUN
abr-6	224	112	,	,	PUNCT
abr-6	224	113	of	of	ADP
abr-6	224	114	the	the	DET
abr-6	224	115	deviations	deviation	NOUN
abr-6	224	116	below	below	ADP
abr-6	224	117	the	the	DET
abr-6	224	118	target	target	NOUN
abr-6	224	119	return	return	NOUN
abr-6	224	120	.	.	PUNCT
abr-6	225	1	the	the	DET
abr-6	225	2	square	square	NOUN
abr-6	225	3	of	of	ADP
abr-6	225	4	these	these	DET
abr-6	225	5	deviations	deviation	NOUN
abr-6	225	6	may	may	AUX
abr-6	225	7	be	be	AUX
abr-6	225	8	easier	easy	ADJ
abr-6	225	9	to	to	PART
abr-6	225	10	work	work	VERB
abr-6	225	11	with	with	ADP
abr-6	225	12	statistically	statistically	ADV
abr-6	225	13	,	,	PUNCT
abr-6	225	14	but	but	CCONJ
abr-6	225	15	this	this	PRON
abr-6	225	16	does	do	AUX
abr-6	225	17	not	not	PART
abr-6	225	18	imply	imply	VERB
abr-6	225	19	that	that	SCONJ
abr-6	225	20	investors	investor	NOUN
abr-6	225	21	really	really	ADV
abr-6	225	22	perceive	perceive	VERB
abr-6	225	23	risk	risk	NOUN
abr-6	225	24	that	that	DET
abr-6	225	25	way	way	NOUN
abr-6	225	26	.	.	PUNCT
abr-6	226	1	finally	finally	ADV
abr-6	226	2	,	,	PUNCT
abr-6	226	3	although	although	SCONJ
abr-6	226	4	the	the	DET
abr-6	226	5	buy	buy	NOUN
abr-6	226	6	and	and	CCONJ
abr-6	226	7	hold	hold	VERB
abr-6	226	8	strategy	strategy	NOUN
abr-6	226	9	guarantees	guarantee	VERB
abr-6	226	10	a	a	DET
abr-6	226	11	higher	high	ADJ
abr-6	226	12	floor	floor	NOUN
abr-6	226	13	value	value	NOUN
abr-6	226	14	than	than	ADP
abr-6	226	15	the	the	DET
abr-6	226	16	constant	constant	ADJ
abr-6	226	17	mix	mix	NOUN
abr-6	226	18	strategy	strategy	NOUN
abr-6	226	19	,	,	PUNCT
abr-6	226	20	for	for	ADP
abr-6	226	21	floor	floor	NOUN
abr-6	226	22	percentages	percentage	NOUN
abr-6	226	23	of	of	ADP
abr-6	226	24	90	90	NUM
abr-6	226	25	percent	percent	NOUN
abr-6	226	26	or	or	CCONJ
abr-6	226	27	less	less	ADJ
abr-6	226	28	this	this	PRON
abr-6	226	29	led	lead	VERB
abr-6	226	30	to	to	ADP
abr-6	226	31	the	the	DET
abr-6	226	32	buy	buy	NOUN
abr-6	226	33	and	and	CCONJ
abr-6	226	34	hold	hold	VERB
abr-6	226	35	strategy	strategy	NOUN
abr-6	226	36	having	have	VERB
abr-6	226	37	a	a	DET
abr-6	226	38	higher	high	ADJ
abr-6	226	39	first	first	ADJ
abr-6	226	40	percentile	percentile	NOUN
abr-6	226	41	of	of	ADP
abr-6	226	42	wealth	wealth	NOUN
abr-6	226	43	relative	relative	ADJ
abr-6	226	44	over	over	ADP
abr-6	226	45	relatively	relatively	ADV
abr-6	226	46	short	short	ADJ
abr-6	226	47	investment	investment	NOUN
abr-6	226	48	horizons	horizon	NOUN
abr-6	226	49	such	such	ADJ
abr-6	226	50	as	as	ADP
abr-6	226	51	ten	ten	NUM
abr-6	226	52	years	year	NOUN
abr-6	226	53	,	,	PUNCT
abr-6	226	54	but	but	CCONJ
abr-6	226	55	not	not	PART
abr-6	226	56	over	over	ADP
abr-6	226	57	investment	investment	NOUN
abr-6	226	58	horizons	horizon	NOUN
abr-6	226	59	of	of	ADP
abr-6	226	60	twenty	twenty	NUM
abr-6	226	61	or	or	CCONJ
abr-6	226	62	more	more	ADJ
abr-6	226	63	years	year	NOUN
abr-6	226	64	.	.	PUNCT
abr-6	227	1	also	also	ADV
abr-6	227	2	,	,	PUNCT
abr-6	227	3	for	for	ADP
abr-6	227	4	floor	floor	NOUN
abr-6	227	5	percentages	percentage	NOUN
abr-6	227	6	between	between	ADP
abr-6	227	7	40	40	NUM
abr-6	227	8	and	and	CCONJ
abr-6	227	9	70	70	NUM
abr-6	227	10	percent	percent	NOUN
abr-6	227	11	the	the	DET
abr-6	227	12	buy	buy	NOUN
abr-6	227	13	and	and	CCONJ
abr-6	227	14	hold	hold	VERB
abr-6	227	15	strategy	strategy	NOUN
abr-6	227	16	had	have	VERB
abr-6	227	17	a	a	DET
abr-6	227	18	lower	low	ADJ
abr-6	227	19	shortfall	shortfall	NOUN
abr-6	227	20	probability	probability	NOUN
abr-6	227	21	relative	relative	ADJ
abr-6	227	22	to	to	ADP
abr-6	227	23	a	a	DET
abr-6	227	24	benchmark	benchmark	NOUN
abr-6	227	25	return	return	NOUN
abr-6	227	26	of	of	ADP
abr-6	227	27	zero	zero	NUM
abr-6	227	28	that	that	SCONJ
abr-6	227	29	the	the	DET
abr-6	227	30	constant	constant	ADJ
abr-6	227	31	mix	mix	NOUN
abr-6	227	32	strategy	strategy	NOUN
abr-6	227	33	did	do	VERB
abr-6	227	34	.	.	PUNCT
abr-6	228	1	all	all	DET
abr-6	228	2	other	other	ADJ
abr-6	228	3	downside	downside	ADJ
abr-6	228	4	risk	risk	NOUN
abr-6	228	5	measures	measure	NOUN
abr-6	228	6	were	be	AUX
abr-6	228	7	higher	high	ADJ
abr-6	228	8	for	for	ADP
abr-6	228	9	the	the	DET
abr-6	228	10	buy	buy	NOUN
abr-6	228	11	and	and	CCONJ
abr-6	228	12	hold	hold	VERB
abr-6	228	13	strategy	strategy	NOUN
abr-6	228	14	than	than	ADP
abr-6	228	15	for	for	ADP
abr-6	228	16	the	the	DET
abr-6	228	17	constant	constant	ADJ
abr-6	228	18	mix	mix	NOUN
abr-6	228	19	strategy	strategy	NOUN
abr-6	228	20	.	.	PUNCT
abr-6	229	1	thus	thus	ADV
abr-6	229	2	,	,	PUNCT
abr-6	229	3	while	while	SCONJ
abr-6	229	4	the	the	DET
abr-6	229	5	buy	buy	NOUN
abr-6	229	6	and	and	CCONJ
abr-6	229	7	hold	hold	VERB
abr-6	229	8	strategy	strategy	NOUN
abr-6	229	9	theoretically	theoretically	ADV
abr-6	229	10	has	have	VERB
abr-6	229	11	a	a	DET
abr-6	229	12	floor	floor	NOUN
abr-6	229	13	greater	great	ADJ
abr-6	229	14	than	than	ADP
abr-6	229	15	zero	zero	NUM
abr-6	229	16	while	while	SCONJ
abr-6	229	17	the	the	DET
abr-6	229	18	constant	constant	ADJ
abr-6	229	19	mix	mix	NOUN
abr-6	229	20	strategy	strategy	NOUN
abr-6	229	21	does	do	AUX
abr-6	229	22	not	not	PART
abr-6	229	23	,	,	PUNCT
abr-6	229	24	the	the	DET
abr-6	229	25	effect	effect	NOUN
abr-6	229	26	of	of	ADP
abr-6	229	27	this	this	DET
abr-6	229	28	floor	floor	NOUN
abr-6	229	29	appears	appear	VERB
abr-6	229	30	to	to	PART
abr-6	229	31	be	be	AUX
abr-6	229	32	beneficial	beneficial	ADJ
abr-6	229	33	only	only	ADV
abr-6	229	34	over	over	ADP
abr-6	229	35	relatively	relatively	ADV
abr-6	229	36	short	short	ADJ
abr-6	229	37	investment	investment	NOUN
abr-6	229	38	horizons	horizon	NOUN
abr-6	229	39	in	in	ADP
abr-6	229	40	the	the	DET
abr-6	229	41	most	most	ADV
abr-6	229	42	extreme	extreme	ADJ
abr-6	229	43	cases	case	NOUN
abr-6	229	44	of	of	ADP
abr-6	229	45	poor	poor	ADJ
abr-6	229	46	performance	performance	NOUN
abr-6	229	47	.	.	PUNCT
abr-6	230	1	because	because	SCONJ
abr-6	230	2	the	the	DET
abr-6	230	3	study	study	NOUN
abr-6	230	4	is	be	AUX
abr-6	230	5	a	a	DET
abr-6	230	6	historical	historical	ADJ
abr-6	230	7	simulation	simulation	NOUN
abr-6	230	8	,	,	PUNCT
abr-6	230	9	it	it	PRON
abr-6	230	10	assumes	assume	VERB
abr-6	230	11	that	that	SCONJ
abr-6	230	12	the	the	DET
abr-6	230	13	distributions	distribution	NOUN
abr-6	230	14	of	of	ADP
abr-6	230	15	treasury	treasury	NOUN
abr-6	230	16	bill	bill	NOUN
abr-6	230	17	and	and	CCONJ
abr-6	230	18	common	common	ADJ
abr-6	230	19	stock	stock	NOUN
abr-6	230	20	returns	return	NOUN
abr-6	230	21	will	will	AUX
abr-6	230	22	continue	continue	VERB
abr-6	230	23	to	to	PART
abr-6	230	24	be	be	AUX
abr-6	230	25	similar	similar	ADJ
abr-6	230	26	to	to	ADP
abr-6	230	27	what	what	PRON
abr-6	230	28	they	they	PRON
abr-6	230	29	were	be	AUX
abr-6	230	30	over	over	ADP
abr-6	230	31	the	the	DET
abr-6	230	32	sample	sample	NOUN
abr-6	230	33	period	period	NOUN
abr-6	230	34	,	,	PUNCT
abr-6	230	35	19262009	19262009	NUM
abr-6	230	36	.	.	PUNCT
abr-6	231	1	this	this	DET
abr-6	231	2	assumption	assumption	NOUN
abr-6	231	3	limits	limit	VERB
abr-6	231	4	the	the	DET
abr-6	231	5	extent	extent	NOUN
abr-6	231	6	to	to	PART
abr-6	231	7	which	which	PRON
abr-6	231	8	one	one	PRON
abr-6	231	9	can	can	AUX
abr-6	231	10	generalize	generalize	VERB
abr-6	231	11	the	the	DET
abr-6	231	12	results	result	NOUN
abr-6	231	13	.	.	PUNCT
abr-6	232	1	an	an	DET
abr-6	232	2	extension	extension	NOUN
abr-6	232	3	to	to	ADP
abr-6	232	4	this	this	DET
abr-6	232	5	study	study	NOUN
abr-6	232	6	would	would	AUX
abr-6	232	7	be	be	AUX
abr-6	232	8	to	to	PART
abr-6	232	9	change	change	VERB
abr-6	232	10	the	the	DET
abr-6	232	11	average	average	ADJ
abr-6	232	12	return	return	NOUN
abr-6	232	13	or	or	CCONJ
abr-6	232	14	volatility	volatility	NOUN
abr-6	232	15	of	of	ADP
abr-6	232	16	treasury	treasury	NOUN
abr-6	232	17	bills	bill	NOUN
abr-6	232	18	or	or	CCONJ
abr-6	232	19	common	common	ADJ
abr-6	232	20	stocks	stock	NOUN
abr-6	232	21	.	.	PUNCT
abr-6	233	1	finally	finally	ADV
abr-6	233	2	,	,	PUNCT
abr-6	233	3	this	this	DET
abr-6	233	4	study	study	NOUN
abr-6	233	5	assumes	assume	VERB
abr-6	233	6	the	the	DET
abr-6	233	7	first	first	ADJ
abr-6	233	8	order	order	NOUN
abr-6	233	9	serial	serial	ADJ
abr-6	233	10	correlation	correlation	NOUN
abr-6	233	11	is	be	AUX
abr-6	233	12	zero	zero	NUM
abr-6	233	13	for	for	ADP
abr-6	233	14	both	both	DET
abr-6	233	15	treasury	treasury	NOUN
abr-6	233	16	bills	bill	NOUN
abr-6	233	17	and	and	CCONJ
abr-6	233	18	common	common	ADJ
abr-6	233	19	stocks	stock	NOUN
abr-6	233	20	.	.	PUNCT
abr-6	234	1	however	however	ADV
abr-6	234	2	,	,	PUNCT
abr-6	234	3	butler	butler	NOUN
abr-6	234	4	and	and	CCONJ
abr-6	234	5	domian	domian	PROPN
abr-6	234	6	(	(	PUNCT
abr-6	234	7	1991	1991	NUM
abr-6	234	8	)	)	PUNCT
abr-6	234	9	suggest	suggest	VERB
abr-6	234	10	that	that	SCONJ
abr-6	234	11	this	this	DET
abr-6	234	12	assumption	assumption	NOUN
abr-6	234	13	has	have	VERB
abr-6	234	14	little	little	ADJ
abr-6	234	15	quantitative	quantitative	ADJ
abr-6	234	16	and	and	CCONJ
abr-6	234	17	no	no	DET
abr-6	234	18	qualitative	qualitative	ADJ
abr-6	234	19	effect	effect	NOUN
abr-6	234	20	on	on	ADP
abr-6	234	21	the	the	DET
abr-6	234	22	results	result	NOUN
abr-6	234	23	.	.	PUNCT
abr-6	235	1	references	reference	NOUN
abr-6	235	2	balzer	balzer	PROPN
abr-6	235	3	,	,	PUNCT
abr-6	235	4	l.a	l.a	PROPN
abr-6	235	5	.	.	PROPN
abr-6	235	6	(	(	PUNCT
abr-6	235	7	1994	1994	NUM
abr-6	235	8	)	)	PUNCT
abr-6	235	9	.	.	PUNCT
abr-6	236	1	measuring	measure	VERB
abr-6	236	2	investment	investment	NOUN
abr-6	236	3	risk	risk	NOUN
abr-6	236	4	:	:	PUNCT
abr-6	236	5	a	a	DET
abr-6	236	6	review	review	NOUN
abr-6	236	7	.	.	PUNCT
abr-6	237	1	journal	journal	PROPN
abr-6	237	2	of	of	ADP
abr-6	237	3	investing	investing	NOUN
abr-6	237	4	,	,	PUNCT
abr-6	237	5	3(3	3(3	NUM
abr-6	237	6	)	)	PUNCT
abr-6	237	7	,	,	PUNCT
abr-6	237	8	47	47	NUM
abr-6	237	9	-	-	SYM
abr-6	237	10	58	58	NUM
abr-6	237	11	.	.	PUNCT
abr-6	238	1	http://www.iijournals.com/toc/joi/current	http://www.iijournals.com/toc/joi/current	PROPN
abr-6	238	2	bawa	bawa	PROPN
abr-6	238	3	,	,	PUNCT
abr-6	238	4	v.s.	v.s.	PROPN
abr-6	238	5	&	&	CCONJ
abr-6	238	6	lindenberg	lindenberg	PROPN
abr-6	238	7	,	,	PUNCT
abr-6	238	8	e.b	e.b	PROPN
abr-6	238	9	.	.	PUNCT
abr-6	238	10	(	(	PUNCT
abr-6	238	11	1977	1977	NUM
abr-6	238	12	)	)	PUNCT
abr-6	238	13	.	.	PUNCT
abr-6	239	1	capital	capital	NOUN
abr-6	239	2	market	market	NOUN
abr-6	239	3	equilibrium	equilibrium	NOUN
abr-6	239	4	in	in	ADP
abr-6	239	5	a	a	DET
abr-6	239	6	mean	mean	ADJ
abr-6	239	7	-	-	PUNCT
abr-6	239	8	lower	low	ADJ
abr-6	239	9	partial	partial	ADJ
abr-6	239	10	moment	moment	NOUN
abr-6	239	11	framework	framework	NOUN
abr-6	239	12	.	.	PUNCT
abr-6	240	1	journal	journal	NOUN
abr-6	240	2	of	of	ADP
abr-6	240	3	financial	financial	ADJ
abr-6	240	4	economics	economic	NOUN
abr-6	240	5	,	,	PUNCT
abr-6	240	6	5(2	5(2	NUM
abr-6	240	7	)	)	PUNCT
abr-6	240	8	,	,	PUNCT
abr-6	240	9	189	189	NUM
abr-6	240	10	-	-	SYM
abr-6	240	11	200	200	NUM
abr-6	240	12	.	.	PUNCT
abr-6	241	1	http://jfe.rochester.edu/	http://jfe.rochester.edu/	PROPN
abr-6	241	2	butler	butler	PROPN
abr-6	241	3	,	,	PUNCT
abr-6	241	4	k.c	k.c	PROPN
abr-6	241	5	.	.	PROPN
abr-6	241	6	&	&	CCONJ
abr-6	241	7	domian	domian	PROPN
abr-6	241	8	,	,	PUNCT
abr-6	241	9	d.l	d.l	PROPN
abr-6	241	10	.	.	PROPN
abr-6	241	11	(	(	PUNCT
abr-6	241	12	1991	1991	NUM
abr-6	241	13	)	)	PUNCT
abr-6	241	14	.	.	PUNCT
abr-6	242	1	risk	risk	NOUN
abr-6	242	2	,	,	PUNCT
abr-6	242	3	diversification	diversification	NOUN
abr-6	242	4	,	,	PUNCT
abr-6	242	5	and	and	CCONJ
abr-6	242	6	the	the	DET
abr-6	242	7	investment	investment	NOUN
abr-6	242	8	horizon	horizon	NOUN
abr-6	242	9	.	.	PUNCT
abr-6	243	1	journal	journal	PROPN
abr-6	243	2	of	of	ADP
abr-6	243	3	portfolio	portfolio	PROPN
abr-6	243	4	management	management	NOUN
abr-6	243	5	,	,	PUNCT
abr-6	243	6	17(3	17(3	NUM
abr-6	243	7	)	)	PUNCT
abr-6	243	8	,	,	PUNCT
abr-6	243	9	41	41	NUM
abr-6	243	10	-	-	SYM
abr-6	243	11	48	48	NUM
abr-6	243	12	.	.	PUNCT
abr-6	244	1	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	PROPN
abr-6	244	2	butler	butler	PROPN
abr-6	244	3	,	,	PUNCT
abr-6	244	4	k.c	k.c	PROPN
abr-6	244	5	.	.	PROPN
abr-6	244	6	&	&	CCONJ
abr-6	244	7	domian	domian	PROPN
abr-6	244	8	,	,	PUNCT
abr-6	244	9	d.	d.	PROPN
abr-6	244	10	l.	l.	PROPN
abr-6	244	11	(	(	PUNCT
abr-6	244	12	1992	1992	NUM
abr-6	244	13	)	)	PUNCT
abr-6	244	14	.	.	PUNCT
abr-6	245	1	long	long	ADV
abr-6	245	2	-	-	PUNCT
abr-6	245	3	run	run	NOUN
abr-6	245	4	returns	return	NOUN
abr-6	245	5	on	on	ADP
abr-6	245	6	stock	stock	NOUN
abr-6	245	7	and	and	CCONJ
abr-6	245	8	bond	bond	NOUN
abr-6	245	9	portfolios	portfolio	NOUN
abr-6	245	10	:	:	PUNCT
abr-6	245	11	implications	implication	NOUN
abr-6	245	12	for	for	ADP
abr-6	245	13	retirement	retirement	NOUN
abr-6	245	14	planning	planning	NOUN
abr-6	245	15	.	.	PUNCT
abr-6	246	1	financial	financial	ADJ
abr-6	246	2	services	service	NOUN
abr-6	246	3	review	review	NOUN
abr-6	246	4	,	,	PUNCT
abr-6	246	5	2(1	2(1	NUM
abr-6	246	6	)	)	PUNCT
abr-6	246	7	,	,	PUNCT
abr-6	246	8	41	41	NUM
abr-6	246	9	-	-	SYM
abr-6	246	10	49	49	NUM
abr-6	246	11	.	.	PUNCT
abr-6	247	1	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	PROPN
abr-6	247	2	dichtl	dichtl	PROPN
abr-6	247	3	,	,	PUNCT
abr-6	247	4	h.	h.	PROPN
abr-6	247	5	&	&	CCONJ
abr-6	247	6	drobetz	drobetz	PROPN
abr-6	247	7	,	,	PUNCT
abr-6	247	8	w.	w.	PROPN
abr-6	247	9	(	(	PUNCT
abr-6	247	10	2010	2010	NUM
abr-6	247	11	)	)	PUNCT
abr-6	247	12	.	.	PUNCT
abr-6	248	1	on	on	ADP
abr-6	248	2	the	the	DET
abr-6	248	3	popularity	popularity	NOUN
abr-6	248	4	of	of	ADP
abr-6	248	5	the	the	DET
abr-6	248	6	cppi	cppi	NOUN
abr-6	248	7	strategy	strategy	NOUN
abr-6	248	8	:	:	PUNCT
abr-6	248	9	a	a	DET
abr-6	248	10	behavioral	behavioral	ADJ
abr-6	248	11	-	-	PUNCT
abr-6	248	12	financebased	financebase	VERB
abr-6	248	13	explanation	explanation	NOUN
abr-6	248	14	and	and	CCONJ
abr-6	248	15	design	design	NOUN
abr-6	248	16	recommendations	recommendation	NOUN
abr-6	248	17	.	.	PUNCT
abr-6	249	1	journal	journal	NOUN
abr-6	249	2	of	of	ADP
abr-6	249	3	wealth	wealth	NOUN
abr-6	249	4	management	management	NOUN
abr-6	249	5	,	,	PUNCT
abr-6	249	6	13(2	13(2	PROPN
abr-6	249	7	)	)	PUNCT
abr-6	249	8	,	,	PUNCT
abr-6	249	9	41	41	NUM
abr-6	249	10	-	-	SYM
abr-6	249	11	54	54	NUM
abr-6	249	12	.	.	PUNCT
abr-6	250	1	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	PROPN
abr-6	250	2	ho	ho	PROPN
abr-6	250	3	,	,	PUNCT
abr-6	250	4	k.	k.	PROPN
abr-6	250	5	,	,	PUNCT
abr-6	250	6	milevsky	milevsky	PROPN
abr-6	250	7	,	,	PUNCT
abr-6	250	8	m.a	m.a	PROPN
abr-6	250	9	.	.	PROPN
abr-6	250	10	&	&	CCONJ
abr-6	250	11	robinson	robinson	PROPN
abr-6	250	12	,	,	PUNCT
abr-6	250	13	c.	c.	PROPN
abr-6	250	14	(	(	PUNCT
abr-6	250	15	1994	1994	NUM
abr-6	250	16	)	)	PUNCT
abr-6	250	17	.	.	PUNCT
abr-6	251	1	asset	asset	NOUN
abr-6	251	2	allocation	allocation	NOUN
abr-6	251	3	,	,	PUNCT
abr-6	251	4	life	life	NOUN
abr-6	251	5	expectancy	expectancy	NOUN
abr-6	251	6	,	,	PUNCT
abr-6	251	7	and	and	CCONJ
abr-6	251	8	shortfall	shortfall	NOUN
abr-6	251	9	.	.	PUNCT
abr-6	252	1	financial	financial	ADJ
abr-6	252	2	services	service	NOUN
abr-6	252	3	review	review	PROPN
abr-6	252	4	,	,	PUNCT
abr-6	252	5	3(2	3(2	NUM
abr-6	252	6	)	)	PUNCT
abr-6	252	7	,	,	PUNCT
abr-6	252	8	109	109	NUM
abr-6	252	9	-	-	SYM
abr-6	252	10	126	126	NUM
abr-6	252	11	.	.	PUNCT
abr-6	253	1	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	PROPN
abr-6	253	2	howe	howe	PROPN
abr-6	253	3	,	,	PUNCT
abr-6	253	4	t.s	t.s	PROPN
abr-6	253	5	.	.	PROPN
abr-6	253	6	(	(	PUNCT
abr-6	253	7	1999	1999	NUM
abr-6	253	8	)	)	PUNCT
abr-6	253	9	.	.	PUNCT
abr-6	254	1	time	time	NOUN
abr-6	254	2	diversification	diversification	NOUN
abr-6	254	3	when	when	SCONJ
abr-6	254	4	there	there	PRON
abr-6	254	5	are	be	VERB
abr-6	254	6	periodic	periodic	ADJ
abr-6	254	7	withdrawals	withdrawal	NOUN
abr-6	254	8	,	,	PUNCT
abr-6	254	9	journal	journal	NOUN
abr-6	254	10	of	of	ADP
abr-6	254	11	private	private	ADJ
abr-6	254	12	portfolio	portfolio	NOUN
abr-6	254	13	management	management	NOUN
abr-6	254	14	,	,	PUNCT
abr-6	254	15	2(2	2(2	NUM
abr-6	254	16	)	)	PUNCT
abr-6	254	17	42	42	NUM
abr-6	254	18	-	-	SYM
abr-6	254	19	54	54	NUM
abr-6	254	20	.	.	PUNCT
abr-6	255	1	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	ADJ
abr-6	255	2	jorion	jorion	NOUN
abr-6	255	3	,	,	PUNCT
abr-6	255	4	p.	p.	NOUN
abr-6	255	5	(	(	PUNCT
abr-6	255	6	2011	2011	NUM
abr-6	255	7	)	)	PUNCT
abr-6	255	8	.	.	PUNCT
abr-6	256	1	financial	financial	ADJ
abr-6	256	2	risk	risk	NOUN
abr-6	256	3	manager	manager	NOUN
abr-6	256	4	handbook	handbook	NOUN
abr-6	256	5	plus	plus	CCONJ
abr-6	256	6	test	test	NOUN
abr-6	256	7	bank	bank	NOUN
abr-6	256	8	:	:	PUNCT
abr-6	257	1	frm	frm	VERB
abr-6	257	2	part	part	PROPN
abr-6	258	1	i	i	NOUN
abr-6	258	2	/	/	SYM
abr-6	258	3	part	part	PROPN
abr-6	258	4	ii	ii	PROPN
abr-6	258	5	(	(	PUNCT
abr-6	258	6	6th	6th	ADJ
abr-6	258	7	ed	ed	NOUN
abr-6	258	8	)	)	PUNCT
abr-6	258	9	.	.	PUNCT
abr-6	259	1	(	(	PUNCT
abr-6	259	2	pp	pp	INTJ
abr-6	259	3	.	.	PUNCT
abr-6	260	1	294	294	NUM
abr-6	260	2	-	-	SYM
abr-6	260	3	295	295	NUM
abr-6	260	4	)	)	PUNCT
abr-6	260	5	.	.	PUNCT
abr-6	261	1	hoboken	hoboken	PROPN
abr-6	261	2	,	,	PUNCT
abr-6	261	3	nj	nj	PROPN
abr-6	261	4	:	:	PUNCT
abr-6	261	5	wiley	wiley	PROPN
abr-6	261	6	.	.	PUNCT
abr-6	262	1	https://www.garpdigitallibrary.org/display/frmhandbook.asp	https://www.garpdigitallibrary.org/display/frmhandbook.asp	PROPN
abr-6	262	2	kaiser	kaiser	PROPN
abr-6	262	3	,	,	PUNCT
abr-6	262	4	r.	r.	PROPN
abr-6	262	5	(	(	PUNCT
abr-6	262	6	1990	1990	NUM
abr-6	262	7	)	)	PUNCT
abr-6	262	8	.	.	PUNCT
abr-6	263	1	individual	individual	ADJ
abr-6	263	2	investors	investor	NOUN
abr-6	263	3	.	.	PUNCT
abr-6	264	1	chapter	chapter	NOUN
abr-6	264	2	3	3	NUM
abr-6	264	3	in	in	ADP
abr-6	264	4	j.	j.	PROPN
abr-6	264	5	l.	l.	PROPN
abr-6	264	6	maginn	maginn	PROPN
abr-6	264	7	&	&	CCONJ
abr-6	264	8	d.l	d.l	PROPN
abr-6	264	9	.	.	PROPN
abr-6	264	10	tuttle	tuttle	PROPN
abr-6	264	11	(	(	PUNCT
abr-6	264	12	eds	eds	PROPN
abr-6	264	13	.	.	PUNCT
abr-6	264	14	)	)	PUNCT
abr-6	264	15	,	,	PUNCT
abr-6	264	16	managing	manage	VERB
abr-6	264	17	investment	investment	NOUN
abr-6	264	18	portfolios	portfolio	NOUN
abr-6	264	19	:	:	PUNCT
abr-6	264	20	a	a	DET
abr-6	264	21	dynamic	dynamic	ADJ
abr-6	264	22	process	process	NOUN
abr-6	264	23	(	(	PUNCT
abr-6	264	24	2nd	2nd	ADJ
abr-6	264	25	ed	ed	NOUN
abr-6	264	26	.	.	PUNCT
abr-6	264	27	)	)	PUNCT
abr-6	264	28	,	,	PUNCT
abr-6	264	29	(	(	PUNCT
abr-6	264	30	pp	pp	ADP
abr-6	264	31	.	.	PUNCT
abr-6	264	32	3.1	3.1	NUM
abr-6	264	33	-	-	SYM
abr-6	264	34	3.46	3.46	NUM
abr-6	264	35	)	)	PUNCT
abr-6	264	36	.	.	PUNCT
abr-6	265	1	boston	boston	PROPN
abr-6	265	2	:	:	PUNCT
abr-6	265	3	warren	warren	PROPN
abr-6	265	4	,	,	PUNCT
abr-6	265	5	gorham	gorham	PROPN
abr-6	265	6	,	,	PUNCT
abr-6	265	7	and	and	CCONJ
abr-6	265	8	lamont	lamont	PROPN
abr-6	265	9	.	.	PUNCT
abr-6	266	1	file:///c:/users	file:///c:/user	NOUN
abr-6	266	2	/	/	SYM
abr-6	266	3	abaldwin	abaldwin	NOUN
abr-6	266	4	/	/	SYM
abr-6	266	5	appdata	appdata	NOUN
abr-6	266	6	/	/	SYM
abr-6	266	7	local	local	ADJ
abr-6	266	8	/	/	SYM
abr-6	266	9	temp	temp	NOUN
abr-6	266	10	/	/	SYM
abr-6	266	11	www.iijournals.com	www.iijournals.com	NOUN
abr-6	266	12	/	/	SYM
abr-6	266	13	toc	toc	PROPN
abr-6	266	14	/	/	SYM
abr-6	266	15	joi	joi	PROPN
abr-6	266	16	/	/	SYM
abr-6	266	17	current	current	ADJ
abr-6	266	18	http://jfe.rochester.edu/	http://jfe.rochester.edu/	X
abr-6	266	19	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	PROPN
abr-6	266	20	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	PROPN
abr-6	266	21	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	PROPN
abr-6	266	22	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	http://www.drsm.org/fsr_journal/financial_services_review_home.htm	PROPN
abr-6	266	23	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	PROPN
abr-6	266	24	https://www.garpdigitallibrary.org/display/frmhandbook.asp	https://www.garpdigitallibrary.org/display/frmhandbook.asp	PROPN
abr-6	266	25	https://www.garpdigitallibrary.org/display/frmhandbook.asp	https://www.garpdigitallibrary.org/display/frmhandbook.asp	PROPN
abr-6	266	26	howe	howe	NOUN
abr-6	266	27	&	&	CCONJ
abr-6	266	28	pope	pope	PROPN
abr-6	266	29	49	49	NUM
abr-6	266	30	kraus	kraus	PROPN
abr-6	266	31	,	,	PUNCT
abr-6	266	32	a.	a.	PROPN
abr-6	266	33	&	&	CCONJ
abr-6	266	34	litzenberger	litzenberger	PROPN
abr-6	266	35	,	,	PUNCT
abr-6	266	36	r.	r.	PROPN
abr-6	266	37	(	(	PUNCT
abr-6	266	38	1976	1976	NUM
abr-6	266	39	)	)	PUNCT
abr-6	266	40	.	.	PUNCT
abr-6	267	1	skewness	skewness	NOUN
abr-6	267	2	preference	preference	NOUN
abr-6	267	3	and	and	CCONJ
abr-6	267	4	the	the	DET
abr-6	267	5	valuation	valuation	NOUN
abr-6	267	6	of	of	ADP
abr-6	267	7	risk	risk	NOUN
abr-6	267	8	assets	asset	NOUN
abr-6	267	9	.	.	PUNCT
abr-6	268	1	journal	journal	NOUN
abr-6	268	2	of	of	ADP
abr-6	268	3	finance	finance	NOUN
abr-6	268	4	31(4	31(4	NUM
abr-6	268	5	)	)	PUNCT
abr-6	268	6	,	,	PUNCT
abr-6	268	7	1085	1085	NUM
abr-6	268	8	-	-	SYM
abr-6	268	9	1089	1089	NUM
abr-6	268	10	.	.	PUNCT
abr-6	269	1	http://www.afajof.org/details/landingpage/2866131/about-thejf.html	http://www.afajof.org/details/landingpage/2866131/about-thejf.html	PROPN
abr-6	269	2	leibowitz	leibowitz	PROPN
abr-6	269	3	,	,	PUNCT
abr-6	269	4	m.l	m.l	PROPN
abr-6	269	5	.	.	PROPN
abr-6	269	6	&	&	CCONJ
abr-6	269	7	langetieg	langetieg	PROPN
abr-6	269	8	,	,	PUNCT
abr-6	269	9	t.c	t.c	PROPN
abr-6	269	10	.	.	PROPN
abr-6	269	11	(	(	PUNCT
abr-6	269	12	1989	1989	NUM
abr-6	269	13	)	)	PUNCT
abr-6	269	14	.	.	PUNCT
abr-6	270	1	shortfall	shortfall	NOUN
abr-6	270	2	risk	risk	NOUN
abr-6	270	3	and	and	CCONJ
abr-6	270	4	the	the	DET
abr-6	270	5	asset	asset	NOUN
abr-6	270	6	allocation	allocation	NOUN
abr-6	270	7	decision	decision	NOUN
abr-6	270	8	:	:	PUNCT
abr-6	270	9	a	a	DET
abr-6	270	10	simulation	simulation	NOUN
abr-6	270	11	analysis	analysis	NOUN
abr-6	270	12	of	of	ADP
abr-6	270	13	stock	stock	NOUN
abr-6	270	14	and	and	CCONJ
abr-6	270	15	bond	bond	NOUN
abr-6	270	16	risk	risk	NOUN
abr-6	270	17	profiles	profile	NOUN
abr-6	270	18	.	.	PUNCT
abr-6	271	1	journal	journal	PROPN
abr-6	271	2	of	of	ADP
abr-6	271	3	portfolio	portfolio	PROPN
abr-6	271	4	management	management	PROPN
abr-6	271	5	,	,	PUNCT
abr-6	271	6	16(1	16(1	NUM
abr-6	271	7	)	)	PUNCT
abr-6	271	8	,	,	PUNCT
abr-6	271	9	6168	6168	NUM
abr-6	271	10	.	.	PUNCT
abr-6	272	1	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	NOUN
abr-6	272	2	levy	levy	NOUN
abr-6	272	3	,	,	PUNCT
abr-6	272	4	r.a	r.a	PROPN
abr-6	272	5	.	.	PROPN
abr-6	272	6	(	(	PUNCT
abr-6	272	7	1978	1978	NUM
abr-6	272	8	)	)	PUNCT
abr-6	272	9	.	.	PUNCT
abr-6	273	1	stocks	stock	NOUN
abr-6	273	2	,	,	PUNCT
abr-6	273	3	bonds	bond	NOUN
abr-6	273	4	,	,	PUNCT
abr-6	273	5	bills	bill	NOUN
abr-6	273	6	,	,	PUNCT
abr-6	273	7	and	and	CCONJ
abr-6	273	8	inflation	inflation	NOUN
abr-6	273	9	over	over	ADP
abr-6	273	10	52	52	NUM
abr-6	273	11	years	year	NOUN
abr-6	273	12	.	.	PUNCT
abr-6	274	1	journal	journal	PROPN
abr-6	274	2	of	of	ADP
abr-6	274	3	portfolio	portfolio	NOUN
abr-6	274	4	management	management	NOUN
abr-6	274	5	,	,	PUNCT
abr-6	274	6	4(4	4(4	NUM
abr-6	274	7	)	)	PUNCT
abr-6	274	8	,	,	PUNCT
abr-6	274	9	18	18	NUM
abr-6	274	10	-	-	SYM
abr-6	274	11	19	19	NUM
abr-6	274	12	.	.	PUNCT
abr-6	275	1	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	PROPN
abr-6	275	2	lucas	lucas	PROPN
abr-6	275	3	,	,	PUNCT
abr-6	275	4	a.	a.	PROPN
abr-6	275	5	&	&	CCONJ
abr-6	275	6	klaassen	klaassen	PROPN
abr-6	275	7	,	,	PUNCT
abr-6	275	8	p.	p.	NOUN
abr-6	275	9	(	(	PUNCT
abr-6	275	10	1998	1998	NUM
abr-6	275	11	)	)	PUNCT
abr-6	275	12	.	.	PUNCT
abr-6	276	1	extreme	extreme	ADJ
abr-6	276	2	returns	return	NOUN
abr-6	276	3	,	,	PUNCT
abr-6	276	4	downside	downside	ADJ
abr-6	276	5	risk	risk	NOUN
abr-6	276	6	,	,	PUNCT
abr-6	276	7	and	and	CCONJ
abr-6	276	8	optimal	optimal	ADJ
abr-6	276	9	asset	asset	NOUN
abr-6	276	10	allocation	allocation	NOUN
abr-6	276	11	.	.	PUNCT
abr-6	277	1	journal	journal	PROPN
abr-6	277	2	of	of	ADP
abr-6	277	3	portfolio	portfolio	PROPN
abr-6	277	4	management	management	PROPN
abr-6	277	5	,	,	PUNCT
abr-6	277	6	25(1	25(1	NUM
abr-6	277	7	)	)	PUNCT
abr-6	277	8	,	,	PUNCT
abr-6	277	9	71	71	NUM
abr-6	277	10	-	-	SYM
abr-6	277	11	80	80	NUM
abr-6	277	12	.	.	PUNCT
abr-6	278	1	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	PROPN
abr-6	278	2	mccabe	mccabe	PROPN
abr-6	278	3	,	,	PUNCT
abr-6	278	4	b.j	b.j	PROPN
abr-6	278	5	.	.	PROPN
abr-6	278	6	(	(	PUNCT
abr-6	278	7	1999	1999	NUM
abr-6	278	8	)	)	PUNCT
abr-6	278	9	.	.	PUNCT
abr-6	279	1	analytic	analytic	ADJ
abr-6	279	2	approximation	approximation	NOUN
abr-6	279	3	for	for	ADP
abr-6	279	4	the	the	DET
abr-6	279	5	probability	probability	NOUN
abr-6	279	6	that	that	SCONJ
abr-6	279	7	a	a	DET
abr-6	279	8	portfolio	portfolio	NOUN
abr-6	279	9	survives	survive	VERB
abr-6	279	10	forever	forever	ADV
abr-6	279	11	.	.	PUNCT
abr-6	280	1	journal	journal	PROPN
abr-6	280	2	of	of	ADP
abr-6	280	3	private	private	ADJ
abr-6	280	4	portfolio	portfolio	NOUN
abr-6	280	5	management	management	NOUN
abr-6	280	6	,	,	PUNCT
abr-6	280	7	1(4	1(4	NUM
abr-6	280	8	)	)	PUNCT
abr-6	280	9	,	,	PUNCT
abr-6	280	10	43	43	NUM
abr-6	280	11	-	-	SYM
abr-6	280	12	48	48	NUM
abr-6	280	13	.	.	PUNCT
abr-6	281	1	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	PROPN
abr-6	281	2	perold	perold	NOUN
abr-6	281	3	,	,	PUNCT
abr-6	281	4	a.f	a.f	PROPN
abr-6	281	5	.	.	PROPN
abr-6	281	6	&	&	CCONJ
abr-6	281	7	sharpe	sharpe	PROPN
abr-6	281	8	,	,	PUNCT
abr-6	281	9	w.	w.	PROPN
abr-6	281	10	f.	f.	PROPN
abr-6	281	11	(	(	PUNCT
abr-6	281	12	1988	1988	NUM
abr-6	281	13	)	)	PUNCT
abr-6	281	14	.	.	PUNCT
abr-6	282	1	dynamic	dynamic	ADJ
abr-6	282	2	strategies	strategy	NOUN
abr-6	282	3	for	for	ADP
abr-6	282	4	asset	asset	NOUN
abr-6	282	5	allocation	allocation	NOUN
abr-6	282	6	.	.	PUNCT
abr-6	283	1	financial	financial	ADJ
abr-6	283	2	analysts	analyst	NOUN
abr-6	283	3	journal	journal	NOUN
abr-6	283	4	,	,	PUNCT
abr-6	283	5	44(1	44(1	PROPN
abr-6	283	6	)	)	PUNCT
abr-6	283	7	,	,	PUNCT
abr-6	283	8	16	16	NUM
abr-6	283	9	-	-	SYM
abr-6	283	10	27	27	NUM
abr-6	283	11	.	.	PUNCT
abr-6	284	1	http://www.cfapubs.org/loi/faj	http://www.cfapubs.org/loi/faj	ADJ
abr-6	284	2	reichenstein	reichenstein	NOUN
abr-6	284	3	,	,	PUNCT
abr-6	284	4	w.	w.	PROPN
abr-6	284	5	(	(	PUNCT
abr-6	284	6	1986	1986	NUM
abr-6	284	7	)	)	PUNCT
abr-6	284	8	.	.	PUNCT
abr-6	285	1	when	when	SCONJ
abr-6	285	2	treasury	treasury	PROPN
abr-6	285	3	bills	bill	NOUN
abr-6	285	4	are	be	AUX
abr-6	285	5	riskier	risky	ADJ
abr-6	285	6	than	than	ADP
abr-6	285	7	common	common	ADJ
abr-6	285	8	stock	stock	NOUN
abr-6	285	9	,	,	PUNCT
abr-6	285	10	financial	financial	ADJ
abr-6	285	11	analysts	analyst	NOUN
abr-6	285	12	journal	journal	NOUN
abr-6	285	13	,	,	PUNCT
abr-6	285	14	42(6	42(6	NOUN
abr-6	285	15	)	)	PUNCT
abr-6	285	16	,	,	PUNCT
abr-6	285	17	71	71	NUM
abr-6	285	18	-	-	SYM
abr-6	285	19	75	75	NUM
abr-6	285	20	.	.	PUNCT
abr-6	286	1	http://www.cfapubs.org/loi/faj	http://www.cfapubs.org/loi/faj	ADJ
abr-6	286	2	shoven	shoven	ADJ
abr-6	286	3	,	,	PUNCT
abr-6	286	4	j.b	j.b	PROPN
abr-6	286	5	.	.	PROPN
abr-6	286	6	&	&	CCONJ
abr-6	286	7	sialm	sialm	PROPN
abr-6	286	8	,	,	PUNCT
abr-6	286	9	c.	c.	PROPN
abr-6	286	10	(	(	PUNCT
abr-6	286	11	1998	1998	NUM
abr-6	286	12	)	)	PUNCT
abr-6	286	13	.	.	PUNCT
abr-6	287	1	long	long	ADJ
abr-6	287	2	run	run	VERB
abr-6	287	3	asset	asset	NOUN
abr-6	287	4	allocation	allocation	NOUN
abr-6	287	5	for	for	ADP
abr-6	287	6	retirement	retirement	NOUN
abr-6	287	7	savings	saving	NOUN
abr-6	287	8	.	.	PUNCT
abr-6	288	1	journal	journal	NOUN
abr-6	288	2	of	of	ADP
abr-6	288	3	private	private	ADJ
abr-6	288	4	portfolio	portfolio	NOUN
abr-6	288	5	management	management	NOUN
abr-6	288	6	,	,	PUNCT
abr-6	288	7	1(2	1(2	NUM
abr-6	288	8	)	)	PUNCT
abr-6	288	9	,	,	PUNCT
abr-6	288	10	13	13	NUM
abr-6	288	11	-	-	SYM
abr-6	288	12	26	26	NUM
abr-6	288	13	.	.	PUNCT
abr-6	289	1	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	ADJ
abr-6	289	2	sortino	sortino	NOUN
abr-6	289	3	,	,	PUNCT
abr-6	289	4	f.a	f.a	PROPN
abr-6	289	5	.	.	PROPN
abr-6	289	6	&	&	CCONJ
abr-6	289	7	price	price	PROPN
abr-6	289	8	,	,	PUNCT
abr-6	289	9	l.n	l.n	PROPN
abr-6	289	10	.	.	PROPN
abr-6	289	11	(	(	PUNCT
abr-6	289	12	1994	1994	NUM
abr-6	289	13	)	)	PUNCT
abr-6	289	14	.	.	PUNCT
abr-6	290	1	performance	performance	NOUN
abr-6	290	2	measurement	measurement	NOUN
abr-6	290	3	in	in	ADP
abr-6	290	4	a	a	DET
abr-6	290	5	downside	downside	ADJ
abr-6	290	6	risk	risk	NOUN
abr-6	290	7	framework	framework	NOUN
abr-6	290	8	.	.	PUNCT
abr-6	291	1	journal	journal	NOUN
abr-6	291	2	of	of	ADP
abr-6	291	3	investing	investing	NOUN
abr-6	291	4	,	,	PUNCT
abr-6	291	5	3(3	3(3	NUM
abr-6	291	6	)	)	PUNCT
abr-6	291	7	,	,	PUNCT
abr-6	291	8	47	47	NUM
abr-6	291	9	-	-	SYM
abr-6	291	10	58	58	NUM
abr-6	291	11	.	.	PUNCT
abr-6	292	1	www.iijournals.com/toc/joi/current	www.iijournals.com/toc/joi/current	ADJ
abr-6	292	2	trone	trone	NOUN
abr-6	292	3	,	,	PUNCT
abr-6	292	4	d.b	d.b	PROPN
abr-6	292	5	.	.	PROPN
abr-6	292	6	,	,	PUNCT
abr-6	292	7	allbright	allbright	PROPN
abr-6	292	8	,	,	PUNCT
abr-6	292	9	w.	w.	PROPN
abr-6	292	10	r.	r.	PROPN
abr-6	292	11	,	,	PUNCT
abr-6	292	12	&	&	CCONJ
abr-6	292	13	taylor	taylor	PROPN
abr-6	292	14	,	,	PUNCT
abr-6	292	15	p.r	p.r	PROPN
abr-6	292	16	.	.	PROPN
abr-6	292	17	(	(	PUNCT
abr-6	292	18	1996	1996	NUM
abr-6	292	19	)	)	PUNCT
abr-6	292	20	.	.	PUNCT
abr-6	293	1	step	step	NOUN
abr-6	293	2	3	3	NUM
abr-6	293	3	—	—	PUNCT
abr-6	293	4	developing	develop	VERB
abr-6	293	5	an	an	DET
abr-6	293	6	investment	investment	NOUN
abr-6	293	7	policy	policy	NOUN
abr-6	293	8	statement	statement	NOUN
abr-6	293	9	.	.	PUNCT
abr-6	294	1	chapter	chapter	NOUN
abr-6	294	2	5	5	NUM
abr-6	294	3	in	in	ADP
abr-6	294	4	trone	trone	NOUN
abr-6	294	5	,	,	PUNCT
abr-6	294	6	d.b	d.b	PROPN
abr-6	294	7	.	.	PROPN
abr-6	294	8	,	,	PUNCT
abr-6	294	9	allbright	allbright	PROPN
abr-6	294	10	,	,	PUNCT
abr-6	294	11	w.	w.	PROPN
abr-6	294	12	r.	r.	PROPN
abr-6	294	13	,	,	PUNCT
abr-6	294	14	&	&	CCONJ
abr-6	294	15	taylor	taylor	PROPN
abr-6	294	16	,	,	PUNCT
abr-6	294	17	p.r	p.r	PROPN
abr-6	294	18	.	.	PROPN
abr-6	294	19	(	(	PUNCT
abr-6	294	20	eds	ed	NOUN
abr-6	294	21	.	.	PUNCT
abr-6	294	22	)	)	PUNCT
abr-6	294	23	,	,	PUNCT
abr-6	294	24	the	the	DET
abr-6	294	25	management	management	NOUN
abr-6	294	26	of	of	ADP
abr-6	294	27	investment	investment	NOUN
abr-6	294	28	decisions	decision	NOUN
abr-6	294	29	(	(	PUNCT
abr-6	294	30	pp	pp	ADP
abr-6	294	31	.	.	PUNCT
abr-6	295	1	103	103	NUM
abr-6	295	2	-	-	SYM
abr-6	295	3	130	130	NUM
abr-6	295	4	)	)	PUNCT
abr-6	295	5	burr	burr	PROPN
abr-6	295	6	ridge	ridge	PROPN
abr-6	295	7	,	,	PUNCT
abr-6	295	8	il	il	PROPN
abr-6	295	9	:	:	PUNCT
abr-6	295	10	irwin	irwin	PROPN
abr-6	295	11	professional	professional	PROPN
abr-6	295	12	publishing	publishing	PROPN
abr-6	295	13	company	company	NOUN
abr-6	295	14	.	.	PUNCT
abr-6	296	1	tversky	tversky	PROPN
abr-6	296	2	,	,	PUNCT
abr-6	296	3	a.	a.	NOUN
abr-6	296	4	(	(	PUNCT
abr-6	296	5	1990	1990	NUM
abr-6	296	6	)	)	PUNCT
abr-6	296	7	.	.	PUNCT
abr-6	297	1	the	the	DET
abr-6	297	2	psychology	psychology	NOUN
abr-6	297	3	of	of	ADP
abr-6	297	4	risk	risk	NOUN
abr-6	297	5	.	.	PUNCT
abr-6	298	1	in	in	ADP
abr-6	298	2	w.	w.	PROPN
abr-6	298	3	f.	f.	PROPN
abr-6	298	4	sharpe	sharpe	PROPN
abr-6	298	5	and	and	CCONJ
abr-6	298	6	k.	k.	PROPN
abr-6	298	7	f.	f.	PROPN
abr-6	298	8	sherrerd	sherrerd	PROPN
abr-6	298	9	(	(	PUNCT
abr-6	298	10	eds	ed	NOUN
abr-6	298	11	.	.	PUNCT
abr-6	298	12	)	)	PUNCT
abr-6	298	13	quantifying	quantify	VERB
abr-6	298	14	the	the	DET
abr-6	298	15	market	market	NOUN
abr-6	298	16	risk	risk	NOUN
abr-6	298	17	premium	premium	NOUN
abr-6	298	18	phenomenon	phenomenon	NOUN
abr-6	298	19	for	for	ADP
abr-6	298	20	investment	investment	NOUN
abr-6	298	21	decision	decision	NOUN
abr-6	298	22	making	making	NOUN
abr-6	298	23	(	(	PUNCT
abr-6	298	24	pp	pp	ADJ
abr-6	298	25	.	.	PUNCT
abr-6	298	26	73	73	NUM
abr-6	298	27	-	-	SYM
abr-6	298	28	78	78	NUM
abr-6	298	29	)	)	PUNCT
abr-6	298	30	.	.	PUNCT
abr-6	299	1	charlottesville	charlottesville	PROPN
abr-6	299	2	,	,	PUNCT
abr-6	299	3	va	va	NOUN
abr-6	299	4	:	:	PUNCT
abr-6	299	5	aimr	aimr	NOUN
abr-6	299	6	.	.	PUNCT
abr-6	300	1	thomas	thomas	PROPN
abr-6	300	2	s.	s.	PROPN
abr-6	300	3	howe	howe	PROPN
abr-6	300	4	received	receive	VERB
abr-6	300	5	his	his	PRON
abr-6	300	6	ph.d	ph.d	PROPN
abr-6	300	7	.	.	PUNCT
abr-6	300	8	degree	degree	NOUN
abr-6	300	9	in	in	ADP
abr-6	300	10	business	business	NOUN
abr-6	300	11	administration	administration	NOUN
abr-6	300	12	(	(	PUNCT
abr-6	300	13	finance	finance	NOUN
abr-6	300	14	)	)	PUNCT
abr-6	300	15	at	at	ADP
abr-6	300	16	texas	texas	PROPN
abr-6	300	17	tech	tech	PROPN
abr-6	300	18	university	university	PROPN
abr-6	300	19	in	in	ADP
abr-6	300	20	1986	1986	NUM
abr-6	300	21	.	.	PUNCT
abr-6	301	1	he	he	PRON
abr-6	301	2	is	be	AUX
abr-6	301	3	currently	currently	ADV
abr-6	301	4	professor	professor	NOUN
abr-6	301	5	of	of	ADP
abr-6	301	6	finance	finance	NOUN
abr-6	301	7	at	at	ADP
abr-6	301	8	illinois	illinois	PROPN
abr-6	301	9	state	state	PROPN
abr-6	301	10	university	university	PROPN
abr-6	301	11	.	.	PUNCT
abr-6	302	1	dr	dr	PROPN
abr-6	302	2	.	.	PROPN
abr-6	302	3	howe	howe	PROPN
abr-6	302	4	has	have	AUX
abr-6	302	5	published	publish	VERB
abr-6	302	6	27	27	NUM
abr-6	302	7	articles	article	NOUN
abr-6	302	8	in	in	ADP
abr-6	302	9	journals	journal	NOUN
abr-6	302	10	,	,	PUNCT
abr-6	302	11	including	include	VERB
abr-6	302	12	the	the	DET
abr-6	302	13	journal	journal	NOUN
abr-6	302	14	of	of	ADP
abr-6	302	15	economics	economic	NOUN
abr-6	302	16	and	and	CCONJ
abr-6	302	17	finance	finance	NOUN
abr-6	302	18	,	,	PUNCT
abr-6	302	19	financial	financial	ADJ
abr-6	302	20	counseling	counseling	NOUN
abr-6	302	21	and	and	CCONJ
abr-6	302	22	planning	planning	NOUN
abr-6	302	23	,	,	PUNCT
abr-6	302	24	and	and	CCONJ
abr-6	302	25	the	the	DET
abr-6	302	26	quarterly	quarterly	ADJ
abr-6	302	27	journal	journal	NOUN
abr-6	302	28	of	of	ADP
abr-6	302	29	business	business	NOUN
abr-6	302	30	and	and	CCONJ
abr-6	302	31	economics	economic	NOUN
abr-6	302	32	.	.	PUNCT
abr-6	303	1	ralph	ralph	PROPN
abr-6	303	2	a.	a.	PROPN
abr-6	303	3	pope	pope	PROPN
abr-6	303	4	received	receive	VERB
abr-6	303	5	his	his	PRON
abr-6	303	6	d.b.a	d.b.a	NOUN
abr-6	303	7	.	.	PUNCT
abr-6	303	8	degree	degree	NOUN
abr-6	303	9	in	in	ADP
abr-6	303	10	finance	finance	NOUN
abr-6	303	11	at	at	ADP
abr-6	303	12	mississippi	mississippi	PROPN
abr-6	303	13	state	state	PROPN
abr-6	303	14	university	university	PROPN
abr-6	303	15	in	in	ADP
abr-6	303	16	1984	1984	NUM
abr-6	303	17	.	.	PUNCT
abr-6	304	1	he	he	PRON
abr-6	304	2	is	be	AUX
abr-6	304	3	currently	currently	ADV
abr-6	304	4	professor	professor	NOUN
abr-6	304	5	emeritus	emeritus	NOUN
abr-6	304	6	at	at	ADP
abr-6	304	7	california	california	PROPN
abr-6	304	8	state	state	PROPN
abr-6	304	9	university	university	PROPN
abr-6	304	10	,	,	PUNCT
abr-6	304	11	sacramento	sacramento	PROPN
abr-6	304	12	.	.	PUNCT
abr-6	305	1	dr	dr	PROPN
abr-6	305	2	.	.	PROPN
abr-6	305	3	pope	pope	PROPN
abr-6	305	4	has	have	AUX
abr-6	305	5	published	publish	VERB
abr-6	305	6	46	46	NUM
abr-6	305	7	articles	article	NOUN
abr-6	305	8	in	in	ADP
abr-6	305	9	peer	peer	NOUN
abr-6	305	10	-	-	PUNCT
abr-6	305	11	reviewed	review	VERB
abr-6	305	12	journals	journal	NOUN
abr-6	305	13	including	include	VERB
abr-6	305	14	the	the	DET
abr-6	305	15	journal	journal	NOUN
abr-6	305	16	of	of	ADP
abr-6	305	17	economics	economic	NOUN
abr-6	305	18	and	and	CCONJ
abr-6	305	19	finance	finance	NOUN
abr-6	305	20	,	,	PUNCT
abr-6	305	21	the	the	DET
abr-6	305	22	engineering	engineering	NOUN
abr-6	305	23	economist	economist	NOUN
abr-6	305	24	,	,	PUNCT
abr-6	305	25	and	and	CCONJ
abr-6	305	26	the	the	DET
abr-6	305	27	journal	journal	NOUN
abr-6	305	28	of	of	ADP
abr-6	305	29	accountancy	accountancy	NOUN
abr-6	305	30	.	.	PUNCT
abr-6	306	1	http://www.afajof.org/details/landingpage/2866131/about-the-jf.html	http://www.afajof.org/details/landingpage/2866131/about-the-jf.html	PROPN
abr-6	306	2	http://www.afajof.org/details/landingpage/2866131/about-the-jf.html	http://www.afajof.org/details/landingpage/2866131/about-the-jf.html	PROPN
abr-6	306	3	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	PROPN
abr-6	306	4	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	PROPN
abr-6	306	5	http://www.iijournals.com/toc/jpm/current	http://www.iijournals.com/toc/jpm/current	PROPN
abr-6	306	6	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	PROPN
abr-6	306	7	http://www.cfapubs.org/loi/faj	http://www.cfapubs.org/loi/faj	ADJ
abr-6	306	8	http://www.cfapubs.org/loi/faj	http://www.cfapubs.org/loi/faj	ADJ
abr-6	306	9	http://www.iijournals.com/toc/jwm/current	http://www.iijournals.com/toc/jwm/current	ADJ
abr-6	306	10	file:///c:/users	file:///c:/user	NOUN
abr-6	306	11	/	/	SYM
abr-6	306	12	abaldwin	abaldwin	NOUN
abr-6	306	13	/	/	SYM
abr-6	306	14	appdata	appdata	NOUN
abr-6	306	15	/	/	SYM
abr-6	306	16	local	local	ADJ
abr-6	306	17	/	/	SYM
abr-6	306	18	temp	temp	NOUN
abr-6	306	19	/	/	SYM
abr-6	306	20	www.iijournals.com	www.iijournals.com	NOUN
abr-6	306	21	/	/	SYM
abr-6	306	22	toc	toc	PROPN
abr-6	306	23	/	/	SYM
abr-6	306	24	joi	joi	PROPN
abr-6	306	25	/	/	SYM
abr-6	306	26	current	current	ADJ