## Abstract We suggest an iterated GMM approach to estimate and test the consumption based habit persistence model of Campbell and Cochrane, and we apply the approach on annual and quarterly Danish stock and bond returns. For comparative purposes we also estimate and test the standard constant rela
An Empirical Investigation of the Campbell-Cochrane Habit Utility Model
β Scribed by Edward R. Lawrence; John Geppert; Arun J. Prakash
- Book ID
- 111105971
- Publisher
- John Wiley and Sons
- Year
- 2009
- Tongue
- English
- Weight
- 137 KB
- Volume
- 36
- Category
- Article
- ISSN
- 0306-686X
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