Consumption-Based Macroeconomic Models Of Asset Pricing Theory
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More about this item
Keywords
equity premium puzzle; stochastic discount factor; marginal rate of intertemporal substitution; risk-free rate puzzle; risk premium; volatility;All these keywords.
JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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