MARC Record from Oregon Libraries

LEADER: 01827cam a2200349Ia 4500
001 162203471
003 OCoLC
005 20070911101316.0
007 cr mn|||||||||
008 070803s2007 maua b 000 0 eng d
035 $a(OCoLC)162203471
040 $aIUL$cIUL$dIUL$dGZM$dNTE
049 $aNTEA$aNTEF
090 $aHB1$b.W654 no.13196
100 1 $aBansal, Ravi.
245 10 $aLong-run risks and financial markets /$cRavi Bansal.
260 $aCambridge, Mass. :$bNational Bureau of Economic Research,$cc2007.
300 $a32 p. :$bill. ;$c22 cm.
490 1 $aNBER working paper series ;$vno. 13196.
500 $a"June 2007"
504 $aIncludes bibliographical references (p. 21-24).
520 $a"The recently developed long-run risks asset pricing model shows that concerns about long-run expected growth and time-varying uncertainty (i.e., volatility) about future economic prospects drive asset prices. These two channels of economic risks can account for the risk premia and asset price fluctuations. In addition, the model can empirically account for the cross-sectional differences in asset returns. Hence, the long-run risks model provides a coherent and systematic framework for analyzing financial markets."--abstract.
530 $aAlso available in PDF from the NBER world wide web site (www.nber.org).
650 0 $aAssets (Accounting)$xPrices$xEconometric models.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research) ;$vworking paper no. 13196.
856 41 $zOnline access for everyone$uhttp://www.nber.org/papers/W13196.pdf
907 $a.b3410219x$bmulti$c-
902 $a071206
998 $b2$c070911$dm$ea$f-$g0
945 $lwhs $aHB1$b.W654 no.13196
945 $lt $aHB1$b.W654 no.13196 (Electronic resource)