Belief dispersion and convex cost of adjustment in the stock market and in the real economy
Elyès Jouini
| Year of publication: |
2023
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|---|---|
| Authors: | Jouini, Elyès |
| Published in: |
Management science : journal of the Institute for Operations Research and the Management Sciences. - Hanover, Md. : INFORMS, ISSN 1526-5501, ZDB-ID 2023019-9. - Vol. 69.2023, 7, p. 4190-4209
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| Subject: | adjustment costs | asset pricing | asset pricing puzzles | belief dispersion | decreasing returns | excessive volatility | heterogeneous beliefs | production equilibrium | Volatilität | Volatility | CAPM | Börsenkurs | Share price | Erwartungsbildung | Expectation formation | Anpassungskosten | Adjustment costs | Kapitalmarkttheorie | Financial economics | Risikoprämie | Risk premium | Kapitaleinkommen | Capital income | Allgemeines Gleichgewicht | General equilibrium |
Online Resource
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1287/mnsc.2022.4495 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014338339