𝔖 Bobbio Scriptorium
✦   LIBER   ✦

An analysis of the consumption risk and asset returns of Chinese residents

✍ Scribed by Xuheng Zang; Liping Wang


Book ID
107373817
Publisher
Higher Education Press and Springer
Year
2006
Tongue
English
Weight
354 KB
Volume
1
Category
Article
ISSN
1673-3444

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


An exploration of the effects of pessimi
✍ Andrew B. Abel πŸ“‚ Article πŸ“… 2002 πŸ› Elsevier Science 🌐 English βš– 215 KB

The subjective distribution of growth rates of aggregate consumption is characterized by pessimism if it is ΓΏrst-order stochastically dominated by the objective distribution. Uniform pessimism is a leftward translation of the objective distribution of the logarithm of the growth rate. The subjective