Consumption asset pricing with stable shocks—exploring a solution and its implications for mean equity returns

Author:

Bidarkota Prasad V.,McCulloch J.Huston

Publisher

Elsevier BV

Subject

Applied Mathematics,Control and Optimization,Economics and Econometrics

Reference15 articles.

1. Asymmetries in the conditional mean dynamics of real GNP: robust evidence;Bidarkota;The Review of Economics and Statistics,2000

2. Solving asset pricing models with Gaussian shocks;Burnside;Journal of Economic Dynamics and Control,1998

3. Discrete state space methods for the study of dynamic economies.;Burnside,1999

4. Mean reversion in equilibrium asset prices;Cecchetti;The American Economic Review,1990

5. The equity premium and the risk-free rate;Cecchetti;Journal of Monetary Economics,1993

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