Asset Returns and Intertemporal Preferences
收藏NBER1991-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3633
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资源简介:
A representative-agent model with time-varying moments of consumption growth is used to analyze implications about means and volatilities of asset returns as well as the predictability of asset returns for various investment horizons. A comparative-statics analysis using non-expected-utility
提供机构:
美国国家经济研究局
创建时间:
1991-02-01



