Results 61 to 70 of about 96,490 (163)

Regional asymmetry in financial markets: Pricing of skewness risk in the Thai stock market. [PDF]

PLoS One
Huynh TT, Khoa BT.
europepmc   +1 more source

Idiosyncratic Consumption Risk and the Cross-Section of Asset Returns [PDF]

This paper investigates the importance of idiosyncratic consumption risk for the cross-sectional variation in average returns on stocks and bonds. If idiosyncratic consumption risk is not priced, the only pricing factor in a multiperiod economy is the ...
Kevin Q. Wang, Kris Jacobs
core  

How does carbon pricing leverage emission reductions in the power sector? Evidence from China's national carbon market. [PDF]

Carbon Balance Manag
Song Y, Li Y, Peng K.
europepmc   +1 more source

Intertemporal Asset Pricing Without Consumption Data [PDF]

This paper proposes a new way to generalize the insights of static asset pricing theory to a multi-period setting. The paper uses a loglinear approximation to the budget constraint to substitute out consumption from a standard intertemporal asset pricing
John Y. Campbell
core  

Stochastic responses and marginal valuation. [PDF]

Proc Natl Acad Sci U S A
Hansen LP, Souganidis P.
europepmc   +1 more source

Consumption Risk and International Asset Returns: Some Empirical Evidence [PDF]

The paper examines if real stock returns in four countries are consistent with consumption-based models of international asset pricing. The paper finds that ex-ante real stock returns exhibit statistically significant fluctuations over time and that ...
Robert E. Cumby
core  

The state value. [PDF]

PLoS One
AbdElaal MA, Elmohamady NM.
europepmc   +1 more source

Evaluating Asset Pricing Models in a Fama-French Framework [PDF]

In this work we propose a methodology to compare different stochastic discount factor (SDF) proxies based on relevant market information. The starting point is the work of Fama and French, which evidenced that the asset returns of the U.S.
Carlos Enrique Carrasco Gutierrez, Wagner Piazza Gaglianone   +1 more
core  

Financial frictions and stock return: A novel least minus more frictional factor for asset pricing models in emerging economies. [PDF]

PLoS One
Khan S, Shoaib A, Aftab R, Yasir M, Saeed MB.   +4 more
europepmc   +1 more source

The epistemological value of the consumption based capital asset pricing model

, 2014
Jacob Bjorheim
openalex   +1 more source