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Disagreement and Asset Prices

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NBER2012-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18619
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资源简介:
How do differences of opinion affect asset prices? Do investors earn a risk premium when disagreement arises in the market? Despite their fundamental importance, these questions are among the most controversial issues in finance. In this paper, we use a novel data set that allows us to directly
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2012-12-01
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