Dynamic Choice and Asset Markets - Hardcover

Altug, Sumru; Labadie, Pamela

Hardcover

ISBN 10: 0120554550 ISBN 13: 9780120554553

Publisher: Academic Press, 1994

Synopsis

Dynamic Choice and Asset Markets provides thorough models that analyze pricing and costs of all commodities. It considers the consumers' risks and opportunities. The authors begin with the theoretical background and develop the topics by integrating real-world, testable implications. This book is of value to students of finance and macroeconomics as well as researchers and economists using asset pricing models.

Key Features
* Analyzes theoretical properties of fully worked out equilibrium models
* Describes alternative methods for testing the restrictions implied by these models
* Analyzes empirical implications of the overlapping generations model
* Describes econometric tests of restrictions implied by models for time series and panel data
* Provides exercises throughout the book

About this title

From the Back Cover

This book provides thorough models that analyze pricing and costs of all commodities. It considers the consumers' risks and opportunities. The authors begin with the theoretical background and develop the topics by integrating real-world, testable imlications. Dynamic Choice and Asset Markets will be of value to students of finance and macroeconomics as well as researchers and economists using asset pricing models.
Topics covered include:
* Consumption and Asset Pricing
* Tests of Asset Pricing Relations
* Production and Asset Returns
* International Asset Markets
* Asset Markets with Heterogeneous Populations

Edition details

• Publisher: Academic Press
• Publication date: 1994
• Language: English
• ISBN 10: 0120554550
• ISBN 13: 9780120554553
• Binding: Hardcover
• Number of pages: 374