Stochastic Discount Factor Bounds with Conditioning Information
收藏NBER2002-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8789
下载链接
链接失效反馈官方服务：
资源简介：
Hansen and Jagannathan (HJ, 1991) describe restrictions on the volatility of stochastic discount factors (SDFs) that price a given set of asset returns. This paper compares the sampling properties of different versions of HJ bounds that use conditioning information in the form of a given set of
提供机构：
美国国家经济研究局
创建时间：
2002-02-01
