Finance and Economics Discussion Series: External Habit and the Cyclicality of Expected Stock Returns

By Thomas D. Tallarini

We estimate an equilibrium asset pricing model in which agents preferences have an unobserved external habit using the efficient method of moments (EMM). Given the estimated structural parameters we... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1288711549
• ISBN13: 9781288711543
• Release Date: February 2013
• Publisher: Bibliogov
• Length: 34 Pages
• Weight: 0.18 lbs.
• Dimensions: 0.1" x 7.4" x 9.7"