Showing 1 - 10 of 513
Standard theoretical model cannot generate positive and large real bond risk premium under power utility preferences. Following recent developments in equity premium literature we explore bond premium in a long run risk environment with generalized isoleastic preferences. This approach explains...
Persistent link: https://www.econbiz.de/10003783841
Persistent link: https://www.econbiz.de/10001541658
Persistent link: https://www.econbiz.de/10001160192
Persistent link: https://www.econbiz.de/10013439125
Persistent link: https://www.econbiz.de/10000882071
Persistent link: https://www.econbiz.de/10000855509
Persistent link: https://www.econbiz.de/10000870286
Persistent link: https://www.econbiz.de/10000839524
Persistent link: https://www.econbiz.de/10000728440
Persistent link: https://www.econbiz.de/10000781743