Ambiguity, Long-run Risk, and Asset Prices - Wale Dare - Books - AV Akademikerverlag - 9783639493443 - December 6, 2013
In case cover and title do not match, the title is correct

Wale Dare
Ambiguity, Long-run Risk, and Asset Prices

Price
HK$ 250
excl. VAT

Ordered from remote warehouse

Expected to be ready for shipping Jul 22 - 28
Get notified about new Wale Dare releases

Our customers say:

14-day return policy in accordance with European consumer protection law
Top ranking on Trustpilot
Add to your iMusic wish list

Not rated yet

We study the U. S. equity market via a representative agent model with ambiguity averse preference over consumption and leisure. Labor income dynamics are explicitly modeled with a persistent time varying component which is shared in common with the dividend process. This framework is shown to generate enough equity risk premia to match the level in historical data, without making unreasonably high assumptions about the agent's risk aversion.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released December 6, 2013
ISBN13 9783639493443
Publishers AV Akademikerverlag
Pages 60
Dimensions 150 × 4 × 225 mm   ·   107 g
Language German  

See all of Wale Dare ( e.g. Paperback Book )