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Risk, Return, and Equilibrium: An Extension

✍ Scribed by Carolyn Carroll and K. C. John Wei


Book ID
124683493
Publisher
University of Chicago Press
Year
1988
Tongue
English
Weight
296 KB
Volume
61
Category
Article
ISSN
0021-9398

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In this paper we examine the relationship between risk and return on productive assets using the intertemporal general equilibrium model of Brock (1982, Asset Prices in a Production Economy, the University of Chicago Press, Chicago, pp. 1}42) as a basis for a simulation study. Current computational