Showing 1 - 10 of 298
Persistent link: https://www.econbiz.de/10003726178
Persistent link: https://www.econbiz.de/10011792326
The consumption-based CAPM pricing rule is sometimes interpreted as implying that the price of an asset with a random payoff falls short of its expected payoff if and only if the random payoff positively correlates with consumption. This note demonstrates that this interpretation to C-CAPM is...
Persistent link: https://www.econbiz.de/10005297202
Persistent link: https://www.econbiz.de/10008883871
Persistent link: https://www.econbiz.de/10003716587
Persistent link: https://www.econbiz.de/10009158547
Persistent link: https://www.econbiz.de/10009238929
Persistent link: https://www.econbiz.de/10009305667
Persistent link: https://www.econbiz.de/10010495142