Coordination and Correlation in Markov Rational Belief Equilibria.

This paper studies the effect of correlation in the retional beliefs of agents on the volatility of asset prices.

Year of publication:	1996
Authors:	Kutz, M. ; Schneider, M.
Institutions:	Banca d'Italia
Subject:	FINANCIAL MARKET \| ASSET PRICES

Series:	Banca Italia - Servizio di Studi.
Type of publication:	Book / Working Paper
Notes:	52 pages
Classification:	G10 - General Financial Markets. General ; G12 - Asset Pricing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005640924