𝔖 Bobbio Scriptorium
✦   LIBER   ✦

International stock–bond correlations in a simple affine asset pricing model

✍ Scribed by Stefano d’Addona; Axel H. Kind

Book ID
116614746
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
539 KB
Volume
30
Category
Article
ISSN
0378-4266

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Endogenous fluctuations in a simple asse
Endogenous fluctuations in a simple asset pricing model with heterogeneous agents
✍ Andrea Gaunersdorfer 📂 Article 📅 2000 🏛 Elsevier Science 🌐 English ⚖ 461 KB

In this paper we study the adaptive rational equilibrium dynamics in a simple asset pricing model introduced by Brock and Hommes (System Dynamics in Economic and Financial Models, Wiley, Chichester, 1997, pp. 3}44; Journal of Economic Dynamics and Control, 22, 1998, 1235}1274). Traders have heteroge

Heterogeneous beliefs and routes to chao
Heterogeneous beliefs and routes to chaos in a simple asset pricing model
✍ William A. Brock; Cars H. Hommes 📂 Article 📅 1998 🏛 Elsevier Science 🌐 English ⚖ 598 KB

This paper investigates the dynamics in a simple present discounted value asset pricing model with heterogeneous beliefs. Agents choose from a finite set of predictors of future prices of a risky asset and revise their 'beliefs' in each period in a boundedly rational way, according to a 'fitness mea