Asset Prices and Time-Varying Risk.
Observers have often characterized asset markets as being subject to periods of tranquility and periods of turbulence. Until recently, however, researchers were unable to produce closed-form asset pricing formulas in a model environment of time-varying risk. Some work by Abel provided us with the in...
| Údar corparáideach: | |
|---|---|
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
1988.
|
| Sraith: | IMF Working Papers; Working Paper ;
No. 1988/042 |
| Rochtain ar líne: | Full text available on IMF |