Asset Prices, Consumption, and the Business Cycle
收藏NBER1998-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6485
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资源简介：
This paper reviews the behavior of financial asset prices in relation to consumption. The paper lists some important stylized facts that characterize US data, and relates them to recent developments in equilibrium asset pricing theory. Data from other countries are examined to see which features of
提供机构：
美国国家经济研究局创建时间：
1998-03-01
