Measuring Risk Aversion From Excess Returns on a Stock Index
收藏数据链接：
官方服务：
资源简介：
We distinguish the measure of risk aversion from the slope coefficient in the linear relationship between the mean excess return on a stock index and its variance. Even when risk aversion is constant, the latter can vary significantly with the relative share of stocks in the risky wealth portfolio,
提供机构：
美国国家经济研究局创建时间：
1991-03-01
