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~person:"Buiter, Willem H."
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Efficient "myopic" asset pricing in general equilibrium : a potential pitfall in excess volatility tests
Buiter, Willem H.
- In:
Economics letters
2
(
1987
),
pp. 143-148
Persistent link: https://www.econbiz.de/10001037781
Saved in:
2
Efficient "myopic" asset pricing in general equilibrium : a potential pitfall in excess volatility tests
Buiter, Willem H.
-
1987
Persistent link: https://www.econbiz.de/10009572007
Saved in:
3
Efficient "Myopic" Asset Pricing in General Equilibrium : A Potential Pitfall in Excess Volatility Tests
Buiter, Willem H.
-
1987
Excess volatility tests for financial market efficiency maintain the hypothesis of risk-neutrality. This permits the specification of the benchmark efficient market price as the present discounted value of expected future dividends. By departing from the risk-neutrality assumption in a...
Persistent link: https://www.econbiz.de/10012476817
Saved in:
4
Efficient "Myopic" Asset Pricing in General Equilibrium : a Potential Pitfall in Excess Volatility Tests
Buiter, Willem H.
-
2010
Excess volatility tests for financial market efficiency maintain the hypothesis of risk-neutrality. This permits the specification of the benchmark efficient market price as the present discounted value of expected future dividends. By departing from the risk-neutrality assumption in a...
Persistent link: https://www.econbiz.de/10012762911
Saved in:
5
Housing wealth isn't wealth
Buiter, Willem H.
-
2010
housing wealth and the non-collateralisability of human wealth. A decline in house prices reduces the scope for
mortgage
…
Persistent link: https://www.econbiz.de/10003996560
Saved in:
6
Housing wealth isn't wealth
Buiter, Willem H.
-
2009
mortgage
equity withdrawal. For given sequences of future after-tax labour income and interest rates, this may depress …
Persistent link: https://www.econbiz.de/10003910124
Saved in:
7
Housing wealth isn't wealth
Buiter, Willem H.
-
2008
Persistent link: https://www.econbiz.de/10003742731
Saved in:
8
Housing wealth isn't wealth
Buiter, Willem H.
-
2008
Persistent link: https://www.econbiz.de/10003739213
Saved in:
9
Housing Wealth Isn't Wealth
Buiter, Willem H.
-
2010
human wealth. A decline in house prices reduces the scope for
mortgage
equity withdrawal. For given sequences of future …
Persistent link: https://www.econbiz.de/10012758559
Saved in:
10
Housing Wealth Isn't Wealth
Buiter, Willem H.
-
2008
human wealth. A decline in house prices reduces the scope for
mortgage
equity withdrawal. For given sequences of future …
Persistent link: https://www.econbiz.de/10012464443
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