Asset Returns and Intertemporal Preferences
收藏数据链接:
官方服务:
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



