Understanding Risk and Return
收藏NBER1993-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4554
下载链接
链接失效反馈官方服务：
资源简介：
This paper uses an intertemporal equilibrium asset pricing model to interpret the cross-sectional pattern of stock and bond returns. The model relates assets' mean returns to their covariances with the contemporaneous return and news about future returns on the market portfolio. In a departure from
提供机构：
美国国家经济研究局
创建时间：
1993-11-01
