Asset Pricing

Eine schlagwort­basierte Auswahl unserer Fachbücher

Essays on Micromotives and Macrobehavior, Expectation Formation, and Asset Price Dynamics (Dissertation)

Essays on Micromotives and Macrobehavior, Expectation Formation, and Asset Price Dynamics

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

This work collects the author’s recent investigations in interactions-based approaches in economics and finance that he undertook as a doctoral candidate in the program ‘‘Quantitative Economics‘‘ at the University of Kiel, Germany. The study is arranged in three parts and it contains seven chapters. The idea of the first part, a potential conflict between..
Saving Based Asset Pricing Models (Dissertation)

Saving Based Asset Pricing Models

A Contribution to the Solution of the Equity Premium Puzzle

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

Although the Consumption Based Asset Pricing Model (1) (CCAPM) is appealing not least thanks to its simplicity, its empirical test results are poor. If linearized, the model gives support to two of the most studied problems in financial theory: the Risk Free Rate Puzzle (2) and the Equity Premium Puzzle (3), meaning that the return of the..
Stock Markets and Real-Time Macroeconomic Data (Doktorarbeit)

Stock Markets and Real-Time Macroeconomic Data

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

It has been common practice in empirical studies to use revised macroeconomic data that are available to a researcher ex post for the analysis of historical time series. This practice, however, does not take into account that macroeconomic data are revised over time and that theses revisions can be substantial. Results of empirical analyses may change when data..
 

Literatur: Asset Pricing / Eine Auswahl an Fachbüchern aus dem Verlag Dr. Kovač