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An Empirical Investigation of Asset Pricing with Temporally Dependent Preference Specifications (Classic Reprint)

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An Empirical Investigation of Asset Pricing with Temporally Dependent Preference Specifications (Classic Reprint) - Heaton, John
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Excerpt from An Empirical Investigation of Asset Pricing With Temporally Dependent Preference Specifications A goal of this paper is to try to sort out the importance of all of these different effects. In studying these issues I investigated a model in which consumption is locally substitutable. I modeled this by assuming that the consumption good is durable. Habit was modeled as developing over the flow of services from the consumption good and, as a result, habit over consumption itself develops much more slowly. I was ...

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An Empirical Investigation of Asset Pricing with Temporally Dependent Preference Specifications (Classic Reprint) 2018, Forgotten Books

ISBN-13: 9780656510658

Hardcover

An Empirical Investigation of Asset Pricing with Temporally Dependent Preference Specifications (Classic Reprint) 2018, Forgotten Books

ISBN-13: 9781334538896

Trade paperback

An Empirical Investigation of Asset Pricing With Temporally Dependent Preference Specifications 2015, Palala Press

ISBN-13: 9781341605000

Hardcover