𝔖 Bobbio Scriptorium
✦   LIBER   ✦

An empirical analysis of intertemporal asset pricing models with transaction costs and habit persistence

✍ Scribed by Wessel Marquering; Marno Verbeek


Book ID
117628326
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
223 KB
Volume
6
Category
Article
ISSN
0927-5398

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Land of addicts? an empirical investigat
✍ Xiaohong Chen; Sydney C. Ludvigson πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 329 KB

## Abstract This paper studies the ability of a general class of habit‐based asset pricing models to match the conditional moment restrictions implied by asset pricing theory. We treat the functional form of the habit as unknown, and estimate it along with the rest of the model's finite dimensional