Giacomini, Enzo; Handel, Michael; Härdle, Wolfgang K. - Sonderforschungsbereich Ökonomisches Risiko <Berlin>
Risk management and the thorough understanding of the relations betweenfinancial markets and the standard theory of … macroeconomics have always been among the topics most addressed by researchers, both financial mathematicians and economists. This … work aims at explaining investors behavior from a macroeconomic aspect (modeled by the investors pricing kernel and their …