Asset Pricing in the International Economy /
This paper presents a statistical and economic interpretation of the low and often economically implausible risk aversion estimates obtained for fixed income assets throughout the finance literature. For a statistical interpretation, Monte Carlo simulations are used to demonstrate that specification...
| Autore principale: | |
|---|---|
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1993.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 1993/015 |
| Accesso online: | Full text available on IMF |