The consumption based capital asset pricing model is evaluated using bounds and 68 years of annual UK data. In contrast to the standard statistical methodology, the Hansen -Jagannathan methodology is fully non-parametric and based on only one principle from economic theory, namely the Law of One Pr
From Dynamic Linear Evaluation Rule to Dynamic Capital Asset Pricing Model
β Scribed by Qing ZHOU; Wei-xing WU
- Book ID
- 104453310
- Publisher
- Elsevier
- Year
- 2007
- Weight
- 209 KB
- Volume
- 27
- Category
- Article
- ISSN
- 1874-8651
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