Further international evidence on durable consumption growth and long-run consumption risk
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DOI: 10.1080/14697680903067120
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- Nieto, Belén & Rubio, Gonzalo, 2011. "The volatility of consumption-based stochastic discount factors and economic cycles," Journal of Banking & Finance, Elsevier, vol. 35(9), pages 2197-2216, September.
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Keywords
Applied finance; Asset pricing; Capital asset pricing; Consumption-portfolio choice; Consumption; Empirical asset pricing; Intertemporal portfolio choice; Utility functions;All these keywords.
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