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What level of fixed costs can reconcile consumption and stock returns?

Luttmer, Erzo G. J. - In: Journal of political economy 107 (1999) 5, pp. 969-997

Persistent link: https://www.econbiz.de/10001414498

Econometric evaluation of asset pricing models

Hansen, Lars Peter; Heaton, John; Luttmer, Erzo Gerrit Jan - 1993

Persistent link: https://www.econbiz.de/10000878768

Asset pricing in economies with frictions

Luttmer, Erzo Gerrit Jan - In: Econometrica : journal of the Econometric Society, an … 64 (1996) 6, pp. 1439-1467

Persistent link: https://www.econbiz.de/10001210411

What level of fixed costs can reconcile asset returns and consumption choices?

Luttmer, Erzo Gerrit Jan - 1997

Persistent link: https://www.econbiz.de/10000975064

Econometric evaluation of asset pricing models

Hansen, Lars Peter - In: The review of financial studies 8 (1995) 2, pp. 237-274

Persistent link: https://www.econbiz.de/10001184653

Econometric Evaluation of Asset Pricing Models

Hansen, Lars Peter - 2008

In this paper we provide econometric tools for the evaluation of intertemporal asset pricing models using specification-error and volatility bounds. We formulate analog estimators of these bounds, give conditions for consistency and derive the limiting distribution of these estimators. The...

Persistent link: https://www.econbiz.de/10012775004