Narrow search
Showing 1 - 4 of 4
Cover Image
Risk Pricing over Alternative Investment Horizons
Hansen, Lars Peter - 2012
a stochastic growth and discount factors in determining risk-adjusted values. These methods are supported by …-based implications for the term structure of risk prices. As an illustration of the methods, I re-examine some recent preference based …
Persistent link: https://www.econbiz.de/10013103973
Cover Image
Prices of Macroeconomic Uncertainties with Tenuous Beliefs
Hansen, Lars Peter - 2017
A decision maker suspects that parameters of a set of structured parametric probability models vary over time in unknown ways that he does not describe probabilistically. He expresses a fear that all of these parametric models are misspeci ed by also wanting to consider alternative unstructured...
Persistent link: https://www.econbiz.de/10012955704
Cover Image
Risk Price Dynamics
Hansen, Lars Peter - 2019
examples featuring consumption externalities, recursive utility, and jump risk …
Persistent link: https://www.econbiz.de/10012906129
Cover Image
Macroeconomic Uncertainty Prices when Beliefs are Tenuous
Hansen, Lars Peter; Sargent, Thomas J. - 2019
differ from the well understood risk prices widely used in asset pricing theory. A quantitative example highlights a …
Persistent link: https://www.econbiz.de/10014123716