Stock prices and the risk-free rate: an internal rationality approach

DOI10.1016/j.jedc.2021.104103zbMath1475.91346OpenAlexW3137078024MaRDI QIDQ2246586

Tongbin Zhang

Publication date: 16 November 2021

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2021.104103

zbMATH Keywords

correlationstock pricesvariance decompositionrisk-free rateinternal rationality learning

Mathematics Subject Classification ID

Interest rates, asset pricing, etc. (stochastic models) (91G30) Financial markets (91G15)

Cites Work

• Internal rationality, imperfect market knowledge and asset prices
• Behavioral heterogeneity in stock prices
• Government debt, learning and the term structure
• Simulated Moments Estimation of Markov Models of Asset Prices
• A Parsimonious Macroeconomic Model for Asset Pricing
• Asset Prices in an Exchange Economy
• Labour Relations and Asset Returns
• Risk Preferences and the Macroeconomic Announcement Premium

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