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Heterogeneous Beliefs and Tests of Present Value Models

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Publication:4610669
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DOI10.1093/restud/rdt051zbMath1405.91219OpenAlexW2070485196MaRDI QIDQ4610669

Charles H. Whiteman, Kenneth Kasa, Todd B. Walker

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/a4547d95a3384865f7b28ce1443e2addb9eaf73d


zbMATH Keywords

asset pricingheterogeneous beliefsexcess volatility


Mathematics Subject Classification ID

Applications of statistics to economics (62P20)


Related Items (8)

Analytic policy function iteration ⋮ Solving generalized multivariate linear rational expectations models ⋮ Forecasting the forecasts of others: implications for asset pricing ⋮ Signal-jamming in the frequency domain ⋮ Rational inattention in the frequency domain ⋮ Confounding dynamics ⋮ Learning from prices: information aggregation and accumulation in an asset market ⋮ Under the same (Chole)sky: DNK models, timing restrictions and recursive identification of monetary policy shocks







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