Expectations Data in Asset Pricing
收藏NBER2022-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29977
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资源简介：
Asset prices reflect investors' subjective beliefs about future cash flows and prices. In this chapter, we review recent research on the formation of these beliefs and their role in asset pricing. Return expectations of individual and professional investors in surveys differ markedly from those
提供机构：
美国国家经济研究局
创建时间：
2022-05-01
