Growth uncertainty, generalized disappointment aversion and production-based asset pricing
Year of publication: |
2015
|
---|---|
Authors: | Liu, Hening ; Miao, Jianjun |
Published in: |
Journal of monetary economics. - Amsterdam : Elsevier, ISSN 0304-3932, ZDB-ID 191155-7. - Vol. 69.2015, p. 70-89
|
Subject: | Equity premium | Asset pricing | Business cycles | Disappointment aversion | Volatility risk | DSGE model | Markov switching | Theorie | Theory | CAPM | Risikoprämie | Risk premium | Konjunktur | Business cycle | Volatilität | Volatility | Risikoaversion | Risk aversion | Risiko | Risk | Markov-Kette | Markov chain | Kapitaleinkommen | Capital income | Dynamisches Gleichgewicht | Dynamic equilibrium |
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