The Term Structure of the Risk-Return Tradeoff
收藏NBER2005-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w11119
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资源简介:
Recent research in empirical finance has documented that expected excess returns on bonds and stocks, real interest rates, and risk shift over time in predictable ways. Furthermore, these shifts tend to persist over long periods of time. In this paper we propose an empirical model that is able to
提供机构:
美国国家经济研究局
创建时间:
2005-02-01



