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Intertemporal Asset Pricing: Evidence from Germany - Contributions to Economics Bernd Meyer Softcover reprint of the original 1st ed. 1999 edition
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Intertemporal Asset Pricing: Evidence from Germany - Contributions to Economics
Bernd Meyer
In the mid-eighties Mehra and Prescott showed that the risk premium earned by American stocks cannot reasonably be explained by conventional capital market models. Using time additive utility, the observed risk pre mium can only be explained by unrealistically high risk aversion parameters.
287 pages, 5 black & white illustrations, 27 black & white tables, biography
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | November 10, 1998 |
| ISBN13 | 9783790811599 |
| Publishers | Springer-Verlag Berlin and Heidelberg Gm |
| Pages | 287 |
| Dimensions | 155 × 235 × 16 mm · 426 g |
| Language | English |
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