عنوان
پدید آورنده
موضوع
رده
HG101 .C63 2005eb
HG101
.
C63
2005eb
کتابخانه
محل استقرار
1933019158
1933019611
9781933019154
9781933019611
b793236
Financial markets and the real economy /
[Book]
John H. Cochrane.
Hanover, MA :
Now Publishers,
©2005.
1 online resource (1 volume)
Foundations and trends in finance,
1:1
1567-2409 ;
Includes bibliographical references.
Facts: Time-variation and business cycle correlation of expected returns -- Equity premium -- Consumption models -- Production, investment and general equilibrium -- Labor income and idiosyncratic risk -- Challenges for the future.
0
The author surveys work on the intersection between macroeconomics and finance. The challenge is to find the right measure of "bad times," rises in the marginal value of wealth, so that we can understand high average returns or low prices as compensation for assets' tendency to pay off poorly in "bad times." The author surveys the literature, covering the time-series and cross-sectional facts, the equity premium, consumption-based models, general equilibrium models, and labor income/idiosyncratic risk approaches.
01251032
Financial markets and the real economy.
1933019158
Finance.
Macroeconomics.
BUSINESS & ECONOMICS-- Finance.
Finance.
Macroeconomics.
BUS-- 027000
332
22
HG101
.
C63
2005eb
Cochrane, John H., (John Howland),1957-
20201207062524.0
pn
مطالعه متن کتاب [Book]
Y
