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~isPartOf:"International Journal of Financial Research"
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external habit ratio model
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proxy for a relatively risk-free rate
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risk-free rate puzzle
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time-separable preferences
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Habit Formation and Risk-free Rate Puzzle
Choi, Wonnho
- In:
International Journal of Financial Research
5
(
2014
)
4
,
pp. 155-170
model in contrast with time
separable
preferences
exclusively contributes to the description of observed behavior of secular …
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