Using Production Based Asset Pricing to Explain the Behavior of Stock Returns Over the Business Cycle
收藏NBER1989-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3212
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资源简介：
The investment return is defined as the real return that results from marginally increasing investment at date r, and then reaping the extra output and decreasing investment at date t+1 to leave the production plan for other dates unchanged. This paper constructs investment returns from investment
提供机构：
美国国家经济研究局
创建时间：
1989-12-01
