Risk and return in a dynamic general equ
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Levent Akdeniz
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Article
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2000
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Elsevier Science
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English
β 231 KB
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