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Intertemporal Asset Pricing - Bernd Meyer - Bog

- Evidence from Germany

Bag om Intertemporal Asset Pricing

In the mid-eighties Mehra and Prescott showed that the risk premium earned by American stocks cannot reasonably be explained by conventional capital market models. Using time additive utility, the observed risk pre mium can only be explained by unrealistically high risk aversion parameters.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783790811599
  • Indbinding:
  • Paperback
  • Sideantal:
  • 287
  • Udgivet:
  • 10. november 1998
  • Udgave:
  • 11999
  • Størrelse:
  • 235x155x16 mm.
  • Vægt:
  • 475 g.
  • 8-11 hverdage.
  • 6. december 2024

Normalpris

  • BLACK NOVEMBER

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Prøv i 30 dage for 45 kr.
Herefter fra 79 kr./md. Ingen binding.

Beskrivelse af Intertemporal Asset Pricing

In the mid-eighties Mehra and Prescott showed that the risk premium earned by American stocks cannot reasonably be explained by conventional capital market models. Using time additive utility, the observed risk pre mium can only be explained by unrealistically high risk aversion parameters.

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