Rational pessimism, rational exuberance, and asset pricing models /
The paper estimates and examines the empirical plausibiltiy of asset pricing models that attempt to explain features of financial markets such as the size of the equity premium and the volatility of the stock market. In one model, the long run risks model of Bansal and Yaron (2004), low frequency mo...
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| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass. :
National Bureau of Economic Research,
c2007
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| Series: | Working paper series (National Bureau of Economic Research) ;
working paper no. 13107 |
| Subjects: |
Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Massachusetts Institute of Technology
| Call Number: |
H11.N27534 no.13107 |
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