January 2013
Beginner
2074 pages
62h 34m
English
book
Handbook of the Economics of Finance SET:Volumes 2A & 2B
by George M. Constantinides, Milton Harris, Rene M. Stulz
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Chapter 12
Advances in Consumption-Based Asset Pricing: Empirical Tests *
Abstract
The last 15 years has brought forth an explosion of research on consumption-based asset pricing as a leading contender for explaining aggregate stock market behavior. This research has propelled further interest in consumption-based asset pricing, as well as some debate. This chapter surveys the growing body of empirical work that evaluates today’s leading consumption-based asset pricing theories using formal estimation, hypothesis testing, and ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.