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Asset prices in general equilibrium with recursive utility and illiquidity induced by transactions costs
Buss, Adrian; Uppal, Raman; Vilkov, Grigory - 2014 - This version: February 15, 2014
investors, and hence, on equity risk premia and the liquidity premium. Three, the effects of transaction costs on quantities …
Persistent link: https://www.econbiz.de/10010250161
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Asset prices in general equilibrium with recursive utility and illiquidity induced by transactions costs
Buss, Adrian; Uppal, Raman; Vilkov, Grigory - 2015 - This version: February 2015
investors, and hence, on equity risk premia and the liquidity premium. …
Persistent link: https://www.econbiz.de/10012061082