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...

Descripción completa

Detalles Bibliográficos
Autor principal: Barrionuevo, Jose
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1993.
Colección:IMF Working Papers; Working Paper ; No. 1993/015
Acceso en línea:Full text available on IMF

Ejemplares similares