Displacement risk and asset returns
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DOI: 10.1016/j.jfineco.2012.04.002
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More about this item
Keywords
Consumption-based asset pricing; Displacement risk; Value premium; Equity premium; Incomplete markets;All these keywords.
JEL classification:
- G00 - Financial Economics - - General - - - General
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
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