Excerpt from The Importance of Investor Heterogeneity and Financial Market Imperfections for the Behavior of Asset Prices In this section we present a series of incomplete market models in order to systematically show how various forms of market frictions can affect predicted asset prices. In particular, we investigate the effects of non-contractable shocks to individual income, the persistence and conditional volatility of these individual shocks, borrowing and short sales constraints, and transactions costs in asset ...
Read More
Excerpt from The Importance of Investor Heterogeneity and Financial Market Imperfections for the Behavior of Asset Prices In this section we present a series of incomplete market models in order to systematically show how various forms of market frictions can affect predicted asset prices. In particular, we investigate the effects of non-contractable shocks to individual income, the persistence and conditional volatility of these individual shocks, borrowing and short sales constraints, and transactions costs in asset markets. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Read Less
Add this copy of The Importance of Investor Heterogeneity and Financial to cart. $13.67, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of The Importance of Investor Heterogeneity and Financial to cart. $25.95, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of The Importance of Investor Heterogeneity and Financial to cart. $39.14, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2011 by Nabu Press.
Add this copy of The Importance of Investor Heterogeneity and Financial to cart. $42.21, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of The Importance of Investor Heterogeneity and Financial to cart. $56.83, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2018 by Forgotten Books.