Econometric Evaluation of Asset Pricing Models (Classic Reprint): August, 1993: August, 1993 (Classic Reprint) - Softcover

Hansen, Lars Peter Carolina Society Of The Daughters Of The

Softcover

ISBN 10: 133027833X ISBN 13: 9781330278338

Verlag: Forgotten Books, 2018

Inhaltsangabe

Excerpt from Econometric Evaluation of Asset Pricing Models

Thus a stochastic discount factor m discounts payoffs in each state of the world and, as a consequence, adjusts the price according to the riskiness of the payoff. From the vantage point of an empirical analysis, we envision the stochastic discount factor as the vehicle linking a theoretical model to observable implications.

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Excerpt from Econometric Evaluation of Asset Pricing Models: August, 1993

Thus a stochastic discount factor m discounts payoffs in each state of the world and, as a consequence, adjusts the price according to the riskiness of the payoff. From the vantage point of an empirical analysis, we envision the stochastic discount factor as the vehicle linking a theoretical model to observable implications.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor

Excerpt from Econometric Evaluation of Asset Pricing Models: August, 1993

Econometric Evaluation of Asset Pricing Models: August, 1993 was written by Lars Peter Hansen in 1993. This is a 78 page book, containing 16231 words. Search Inside is enabled for this title.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Details zur Ausgabe

• Verlag: Forgotten Books
• Erscheinungsdatum: 2018
• Sprache: Englisch
• ISBN 10: 133027833X
• ISBN 13: 9781330278338
• Einband: Tapa blanda
• Anzahl der Seiten: 72
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