How money illusions and heterogeneous beliefs affect asset prices

Author:

Ma Chaoqun,Wang Hailong,Cheng Fengchao,Hu Duni

Funder

National Natural Science Foundation of China

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference38 articles.

1. Inflation illusion and the US dividend yield: Some further evidence;Acker;Journal of International Money and Finance,2013

2. Disagreement and learning: Dynamic patterns of trade;Banerjee;The Journal of Finance,2010

3. An equilibrium model with restricted stock market participation;Basak;The Review of Financial Studies,1998

4. Asset pricing with heterogeneous beliefs;Basak;Journal of Banking and Finance,2005

5. Equilibrium asset prices and investor behaviour in the presence of money illusion;Basak;The Review of Economic Studies,2010

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Term structure dynamics in a monetary economy with learning;The North American Journal of Economics and Finance;2019-04

2. Money Illusions: Post Redenomination Shopping Behavior;Economics & Sociology;2018-09

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