A consumption-based asset pricing model with disappointment aversion and uncertainty shocks
Year of publication: |
2021
|
---|---|
Authors: | Li, Kaifeng ; Xia, Bobo ; Guo, Zhaoxuan |
Published in: |
Economic modelling. - Amsterdam [u.a.] : Elsevier, ISSN 0264-9993, ZDB-ID 86824-3. - Vol. 94.2021, p. 235-243
|
Subject: | Asset pricing | Consumption growth | Disappointment aversion | Equity premium | Uncertainty | Theorie | Theory | CAPM | Risikoprämie | Risk premium | Risiko | Risk | Risikoaversion | Risk aversion | Aktienmarkt | Stock market | Privater Konsum | Private consumption | Schätzung | Estimation | Schock | Shock |
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